Sveriges Riksbank and SNS, Stockholm, Sweden: Monetary Policy in an Era of Fiscal Stress. 16–17 June, 2011
Sveriges Riksbank and SNS, Stockholm, Sweden
Program
Wednesday, 15 June
|
18.30-20.30
|
Welcome reception at Sergel Plaza
Hotel |
Thursday, 16 June
|
08.30
|
Registration and coffee
|
Session I.
Chair: Ulf Söderström, Sveriges Riksbank
| 09.00 |
Welcome Address by Stefan Ingves, Chairman of the Executive Board and Governor, Sveriges Riksbank
|
| 09.10 |
Title TBA
Christopher A. Sims, Princeton University
Discussant: R. Anton Braun, Federal Reserve Bank of Atlanta
|
| 10.25 |
“Uncertain Fiscal Consolidations”
Huixin Bi, Bank of Canada [Paper]
Eric M. Leeper, Indiana University, Monash University, and NBER
Campbell Leith, University of Glasgow
Discussant: Nicoletta Batini, International Monetary Fund |
| 11.40 |
Coffee |
| 12.00 |
“The Maturity Structure of Debt, Monetary Policy and Expectations Stabilization”
Stefano Eusepi, Federal Reserve Bank of New York
Bruce Preston, Columbia University [Paper]
Discussant: Francesco Bianchi, Duke University |
| 13.15 |
Lunch |
Session II
Chair: Eric M. Leeper, Indiana University, Monash University, and NBER
| 14.30 |
“The Dynamics of Sovereign Debt Crises in a Monetary Union”Harald Uhlig, University of Chicago [Paper]Discussant: Bianca De Paoli, Bank of England
|
| 15.45 |
“Exit Strategies”
Ignazio Angeloni, European Central Bank [Paper]
Ester Faia, Goethe University Frankfurt
Roland Winkler, Goethe University Frankfurt
Discussant: Andrew Scott, London Business School
|
| 17.00 |
Adjourn
|
| 19.00 |
Dinner at Sjöfartshuset
|
Friday, 17 June
Session III
Chair: Kasper Roszbach, Sveriges Riksbank
| 09.00 |
“Fiscal Consolidations in Currency Unions: Spending Cuts Vs. Tax Hikes”
Christopher J. Erceg, Federal Reserve Board
Jesper Lindé, Federal Reserve Board [Paper]
Discussant: Martin Flodén, Stockholm University |
| 10.15 |
“Sovereign risk and the effects of fiscal retrenchment in deep recessions”
Giancarlo Corsetti, Cambridge University
Keith Kuester, Federal Reserve Bank of Philadelphia
André Meier, International Monetary Fund
Gernot J. Müller, University of Bonn [Paper]
Discussant: Hafedh Bouakez, HEC Montréal |
| 11.30 |
Adjourn |
Policy Panel: “Challenges for Monetary and Fiscal Policy” (SNS, Jakobsbergsgatan 18)
Leading experts analyze the global economic risks and the measures needed to stabilize the world
economy. The meeting is open to an audience of SNS members and policy makers.
Panel:
Lorenzo Bini Smaghi, European Central Bank
Cecilia Hermansson, Swedbank
Donald Kohn, Brookings Institution
Lucrezia Reichlin, London Business School
Christopher A. Sims, Princeton University
11.45 Lunch and registration (Panel discussion begins at 13:00)
14.00 Coffee
16.30 Adjourn
19.00 Dinner
Time allocation for conference
Presentation: 35 minutes
Discussant: 20 minutes
Open discussion: 20 minutes
Organizing committee
Eric M. Leeper, Indiana University, Monash University, and NBER
Kasper Roszbach, Sveriges Riksbank
Ulf Söderström, Sveriges Riksbank
Anders Vredin, SNS
Local organization
Lena Löfgren, Sveriges Riksbank
Joel Malmqvist, SNS
Ebba Hemmingsson, SNS
