First Conference of the ESCB Macroprudential Research (MaRs) Network, Frankfurt am Main - Hoofdinhoud
| datum | 5 oktober 2011 - 6 oktober 2011 |
|---|---|
| plaats | Frankfurt am Main, Duitsland |
| aanwezigen | J.-C. (Jean-Claude) Trichet i e.a. |
| organisatie | Europese Centrale Bank (ECB) i |
Wednesday, 5 and Thursday, 6 October 2011 Frankfurt am Main
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8.15 a.m. - 8.45 a.m. |
Registration |
8.30 a.m. - 9 a.m. |
Welcome coffee |
9 a.m. - 9.15 a.m. |
Opening remarks Jean-Claude Trichet, President of the European Central Bank |
9.15 a.m. - 10.30 a.m. |
Session 1 Financial Instability and the Macroeconomy Chair: Philipp Hartmann, European Central Bank Paper I Bubbles, Banks and Financial Stability by Kosuke Aoki*, University of Tokyo and Kalin Nikolov, European Central Bank Paper 2 Financial Crises, Credit Booms and External Imbalances: 140 Years of Lessons by Oscar Jordá, Federal Reserve Bank of San Francisco, Moritz Schularick*, Freie Universität Berlin and Alan M.Taylor, Morgan Stanley Discussant: Jaume Ventura, Pompeu Fabra University and CREI General discussion |
10.30 a.m. - 10.45 a.m. |
Coffee break |
10.45 a.m. - 12 p.m. |
Session II Leverage Cycles and Macro-Financial linkages Chair: Xavier Freixas, Pompeu Fabra University Paper 1 Asymmetric Information in Credit Markets, Bank Leverage Cycles and Macroeconomic Dynamics by Ansgar Rannenberg*, Nationale Bank van België/Banque Nationale de Belgique Paper 2 Leverage, Balance Sheet Size and Wholesale Funding by H. Evren Damar, Césaire A. Meh and Yaz Terajima*, Bank of Canada Discussant: Luc Laeven, International Monetary Fund General discussion |
12 p.m. - 12.50 p.m. |
Keynote Address on Policy more Vítor Constâncio, European Central Bank |
12.50 p.m. - 2 p.m. |
Lunch |
2 p.m. - 3.50 p.m. |
Session III Macro-Prudential Policy Chair: Laurent Clerc, Banque de France Paper 1 Leaning Against Boom-bust Cycles in Credit and Housing Prices by Luisa Lambertini, École Polytechnique Fédérale de Lausanne, College of Management, Caterina Mendicino*, Banco de Portugal and Maria Teresa Punzi, University of Nottingham Paper 2 Macro-prudential Policy and the Conduct of Monetary Policy by Denis Beau, Laurent Clerc* and Benoît Mojon, Banque de France Paper 3 Financial Regulation in General Equilibrium by Charles A.E. Goodhart, London School of Economics, Anil Kashyap, University of Chicago, Dimitrios P. Tsomocos*, University of Oxford and Alexandros P. Vardoulakis*, Banque de France Discussant: David Aikman, Bank of England General discussion |
3.50 p.m. - 4.05 p.m. |
Coffee break |
4.05 p.m. - 5 p.m. |
Keynote Address on Research Marcus Brunnermeier, Princeton University |
5 p.m. - 6.15 p.m. |
Session IV: Contagion Risk Chair: Paolo Angelini, Banca d’Italia Paper 1 Contagion at the Interbank Market with Stochastic LGD by Christoph Memmel, Deutsche Bundesbank, Angelika Sachs*, Ludwig-Maximilians-Universität, Munich and Ingrid Stein, Deutsche Bundesbank Paper 2 Funding Costs and Loan Pricing by Multinational Bank Affiliates by Alexis Derviz* and Marie Raková, Ceská národní banka Discussant: Morten Bech, Bank of International Settlements General discussion |
8 p.m. |
Dinner |
8.30 a.m. - 9 a.m. |
Coffee |
9 a.m. - 10.15 a.m. |
Session V Financial Stability Indicators Chair: Katerina Šmídková, Ceská národní banka Paper 1 A Financial Systemic Stress Index for Greece by Dimitrios P. Louzis and Angelos T. Vouldis*, Bank of Greece Paper 2 Mapping the State of Financial Stability by Peter Sarlin*, Åbo Akademi University and Tuomas A. Peltonen, European Central Bank Discussant: John Theal, Banque centrale du Luxembourg General discussion |
10.15 a.m. - 11.10 a.m. |
Keynote Address on Research Jean-Charles Rochet, Universität Zürich |
11.10 a.m. - 11.25 a.m. |
Coffee break |
11.25 a.m. - 1.15 p.m. |
Session VI Early Warning Models Chair: Carsten Detken, European Central Bank Paper 1 Early Warning Indicators of Economic Crises: Evidence from a Panel of 40 Developed Countries by Jan Babecký,Tomáš Havránek*, Jakub Mateju, Marek Rusnák, Katerina Šmídková and Borek Vašícek, Ceská národní banka Paper 2 Predicting Recession Probabilities with Financial Variables over Multiple Horizons by Fabio Fornari* andWolfgang Lemke*, European Central Bank Paper 3 Business Cycles, Monetary Transmission and Shocks to Financial Stability by Kim Abildgren*, Danmarks Nationalbank Discussant: Ray Barrell, Brunel University General discussion |
1.15 p.m. - 1.20 p.m. |
Closing Session |
1.20 p.m. - 2.30 p.m. |
Lunch |
Seminar dates |
Wednesday, 5 October 2011 - Thursday, 6 October 2011 |
Seminar location |
European Central Bank Eurotower - conference room CIV Kaiserstrasse 29 60311 Frankfurt am Main Germany Tel.: +49 69 1344 0 Fax: +49 69 1344 6000 E-mail: info@ecb.europa.eu |
Seminar language |
English |
Dinner |
Wednesday, 5 October 2011, 8 p.m. Restaurant Siesmayer Siesmayerstraße 59 60323 Frankfurt am Main Tel.: +49 69 9002-9200 |
Organising Committee |
Paolo Angelini, Laurent Clerc, Carsten Detken, Xavier Freixas, Philipp Hartmann,Angela Maddaloni, Katerina Šmídková |
Contact person: |
For questions regarding the logistical organisation of the workshop, please contact: Mr Dimitrios Koukidis, Events and Protocol Team Tel.: +49 (0)69 1344 7861 Fax: +49 (0)69 1344 5775 E-mail: evp-events@ecb.europa.eu Ms SabineWiedemann, Financial Research Division Tel.: +49 (0)69 1344 6436 Fax: +49 (0)69 1344 8552 E-mail: sabine.wiedemann@ecb.europa.eu For content related questions, please contact: Ms Angela Maddaloni, Financial Research Division Tel.: +49 (0)69 1344 8768 Fax: +49 (0)69 1344 8552 E-mail: angela.maddaloni@ecb.europa.eu The programme may be subject to change without notice. |
Contents
De Europese Centrale Bank (ECB) is verantwoordelijk voor het monetaire beleid van de Unie. De basisdoelstelling van de ECB is het handhaven van de prijsstabiliteit binnen de eurozone i en daarmee het bewaken van de koopkracht en het beheersen van de inflatie.
Sinds september 2014 speelt de ECB ook een rol in het toezicht op een deel van de Europese banken.