Workshop 'Towards a new framework for monetary policy? Lessons from the crisis'

On 21 September 2009, De Nederlandsche Bank organised a workshop on 'Towards a new framework for monetary policy? Lessons from the crisis'. The focus was on how the perception of financial imbalances and asset price misalignments can be incorporated in a monetary policy framework. The workshop brought together senior central bankers, key private sector participants and leading academics.

Programme

  • Nout Wellink (De Nederlandsche Bank): Introductory speech
  • Lars Svensson (Sveriges Riksbank): 'Flexible Inflation Targeting: Lessons from the Financial Crisis'
  • Marvin Goodfriend (Carnegie Mellon University): 'Central Banking in the Credit Turmoil: An Assessment of Federal Reserve Practice' 
Policy panel
  • Stephen Roach (Morgan Stanley): 'Pitfalls in a Post Crisis World'
  • Claudio Borio (Bank for International Settlements):'Panel remarks on Towards a new framework for monetary policy? Lessons from the crisis'
  • Charles Goodhart (London School of Economics): 'The definition and control of systemic financial risk'
  • Lex Hoogduin (De Nederlandsche Bank): 'On the relationship between monetary policy and macroprudential policy'