Outdated browser

You are using an outdated browser. DNB.nl works best with:

2020 - Programme The Real Effects of Monetary Policy in the Short and Long Run

23rd Annual DNB Research Conference “The Real Effects of Monetary Policy in the Short and Long Run”
De Nederlandsche Bank, 29th October 2020

Thursday, 29th October 2020 – Through Webex

9:15-9:30  Opening address
Olaf Sleijpen (DNB, Chief Economist)

Session I: Monetary Policy and the Short Run

Chair: Jakob de Haan (DNB, University of Groningen)               
9:30-10:00    Monetary Policy when the Phillips Curve is Locally Quite Flat
Paul Beaudry (UBC), Chenyu Hou (UBC) and Franck Portier* (UCL)  Paper    Presentation 

10:00-10.15  General Discussion 
10:15-10.30   Break 
10:30-11:00   Hitting the Elusive Inflation Target   
 Francesco Bianchi (Duke), Leonardo Melosi (Chicago FED), Matthias Rottner* (EUI)  Paper   Presentation
11:00-11:15   General Discussion and End of Session 
11:15-11:30   Break 
11:30-12:30   Keynote, Giancarlo Corsetti (University of Cambridge)  Presentation
12:30-13:30   Lunch Break

SESSION II: Monetary Policy, Households and Banks

Chair: Christiaan Pattipeilohy (DNB, Head of Monetary Policy Department) 
13:30-14:00   Household Balance Sheet Channels of Monetary Policy: A Back of the Envelope Calculation for the Euro Area  
Jiri Slacalek* (ECB), Oreste Tristani (ECB) and Giovanni L.Violante (Princeton)  Paper   Presentation
14:00-14:15   General Discussion                        
14:15-14:45   The Tipping Point: Low Rates and Financial Stability
Davide Porcellacchia (ECB)   Paper    Presentation

14:45-15:00   General Discussion 
15:00-15:15   Break 
15:15-16:15   Keynote, Amir Sufi (University of Chicago)  Presentation
16:15-16:30   Break

SESSION III: Monetary Policy and the Long Run

chair: Aerdt Houben (DNB, Head of Financial Markets Division)  

16:30-17:00   The Long-Run Effects of Monetary Policy
Òscar Jordà (UC Davis), Sanjay Singh (UC Davis) and Alan Taylor* (UC Davis)   Paper   Presentation

17:00-17:15   General Discussion and End of the Meeting