The conference covers a broad range of themes around monetary and macro-finance topics. It will bring together recent contributions in this area of research, including studies with a strong theoretical basis and empirical papers. A non-exclusive list of examples of relevant topics includes: ▪ High inflation and its consequences ▪ Supply-side disturbances and structural change ▪ Financial stability and international capital markets ▪ Digital assets and the unit of account role of money ▪ Monetary and fiscal interactions with high public debt levels
We are pleased to announce details of the latest EABCN Training School; a three-day course entitled “Analysis of macroeconomics data using local projections”. Òscar Jordà (SF-FED) will teach the course.
The twelfth conference organised by the International Research Forum on Monetary Policy (IRFMP) will be hosted by the European Central Bank (ECB) and will be held virtually on 12-13 May 2022.
The conference will feature a policy panel chaired by Isabel Schnabel (member of the ECB’s Executive Board) and comprising Loretta Mester (President and CEO of the Federal Reserve Bank of Cleveland), Lucrezia Reichlin (London Business School, EABCN and CEPR) and Refet Gürkaynak (Bilkent University and CEPR).
Professors Itamar Drechsler, Alexi Savov and Philipp Schabl will teach a four-day course entitled “Financial Intermediation and Monetary Policy”. This class will explore the role of financial intermediaries in the transmission of monetary policy. The central topics are how monetary policy affects bank lending, the supply of liquidity, risk premia, and inflation through its interaction with the financial system.
Professor Johannes Stroebel (NYU Stern School of Business) will teach an online training school on "Beliefs and Social Networks" with teaching segments on June 14-17th and practice session on June 25th.
We are pleased to announce details of the latest EABCN Training School; “Modern Macro, Money, and International Finance”. Professor Markus Brunnermeier will teach the course and Sebastian Merkel will give the TA sessions. This course will expose participants to modern continuous time modelling techniques at the intersection between macroeconomics, monetary economics and (international) finance.
The course introduces participants to a variety of advanced topics and recent developments in economic forecasting. Professors Graham Elliott and Allan Timmermann will teach the course. The course is co-organised with the Bank of Italy and will take place online.
The conference will cover a broad range of themes related to empirical aspects of monetary policy. Simon Gilchrist (New York University), Ricardo Reis (London School of Economics and CEPR) and Stephanie Schmitt-Grohe (Columbia University and CEPR) are confirmed invited speakers.
Jesús Fernández-Villaverde (University of Pennsylvania) and Galo Nuño (Bank of Spain) will be the instructors of this course which will introduce the main tools, as well as recent advances, in continuous-time methods in macroeconomics, with a focus on their application to Heterogeneous Agent models.