8:45-9:30 - Registration with coffee/tea
9:30-9:45 - Opening by Klaas Knot, President of De Nederlandsche Bank (DNB)
SESSION I: Effects of forward guidance and unconventional monetary policy
Chair: Job Swank (Executive Director of DNB)
9:45-10:45 - Tomas Key, Martin Weale and Tomasz Wieladek (Bank of England)
'The interest rate uncertainty channel of unconventional monetary policy'
Discussant: Richhild Moessner (DNB)
10:45-11:00 - Coffee break
11:00-12:00 - Jakob de Haan (DNB), David-Jan Jansen and Richhild Moessner Presentation
'The effect of forward guidance and the zero lower bound on interest rate sensitivity to economic news in Sweden'
Discussant: Birger Vikoren (Norges Bank)
12:00-13:00 - Lunch in Foyer, at 1st floor of DNB
13:00-14:00 - Keynote Address: Charles Evans (President, Chicago Fed)
'The role of forward guidance in monetary policy communications'
Chair: Gabriele Galati (DNB)
14:00-14:30 - Coffee break
SESSION II: Macroeconomic effects of forward guidance
Chair: Jan-Marc Berk (Director of Economics and Research of DNB)
14:30-15:30 - Marco Del Negro (New York Fed), Marc Giannoni and Christina Patterson Presentation
'The Forward Guidance Puzzle'
Discussant: Ferre De Graeve (Riksbank)
15:30-16:00 - Coffee break
16:00-17:00 - Philippe Andrade (Banque de France), Gaetano Gaballo, Eric Mengus and Benoit Mojon Presentation
'Heterogeneous Beliefs and Forward Guidance'
Discussant: Vincent Sterk (University College London)
17:00-18:00 - Keynote Address: David Miles (MPC member, Bank of England) Speech Presentation
'What is the right amount of forward guidance?'
Chair: Richhild Moessner (DNB)
18:30-21:00 - Dinner
FRIDAY, 14 NOVEMBER 2014, Board room at DNB
9:00-9:30 - Registration with coffee/tea
SESSION III: Spillovers internationally and to other financial markets
Chair: Peter van Els (Head of Monetary Policy Division of DNB)
9:30-10:30 - Barry Eichengreen and Poonam Gupta (World Bank) Presentation
'Tapering Talk: The Impact of Expectations of Reduced Federal Reserve Security Purchases on Emerging Markets'
Discussant: Gabriele Galati (DNB)
10:30-11:00 - Coffee break
11:00-12:00 - Matteo Falagiarda, Peter McQuade (IIIS) and Marcel Tirpak
'Spillover effects of the ECB monetary policy on selected non-euro area EU countries: Evidence from an event-study and a BVAR'
Discussant: Marco Hoeberichts (DNB)
12:00-13:00 - Lunch in Foyer, at 1st floor of DNB
13:00-14:30 - Policy panel: Challenges in designing forward guidance about policy rates and communication about unconventional monetary policy
Chair: Jakob de Haan (Head of Research Division at DNB)
Panellists: Charles Goodhart (LSE); Bill Nelson (Deputy Director, Division of Monetary Affairs, FRB); Frank Smets (ECB); Anders Vredin (Riksbank)
14:30-15:00 - Coffee break
SESSION IV: Signalling and unconventional monetary policy
Chair: Jakob de Haan (Head of Research Division of DNB)
15:00-16:00 - Jens Christensen and Signe Krogstrup (Swiss National Bank) Presentation
'Swiss Unconventional Monetary Policy: Lessons for the Transmission of Quantitative Easing'
Discussant: Massimo Giuliodori (Universiteit van Amsterdam)
16:00-17:00 - Saroj Bhattarai (University of Texas at Austin), Gauti Eggertsson and Bulat Gafarov
'Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing'
Discussant: Giuseppe Ferrero (Banca d'Italia)
17:00-18:00 - Farewell drinks