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Sixth ECB Annual Research Conference

30 and 31 August 2021

Online event

This is the sixth edition of the Annual Research Conference, the ECB’s flagship research event. The conference features research paper presentations by leading economists on topics relevant for a central bank. The highlight is the Jean Monnet Lecture, delivered this year by Nobel laureate Esther Duflo.



* An asterisk indicates the author presenting the relevant paper.

Monday, 30 August 2021


Luc Laeven, Director General Research, European Central Bank


How to Talk When a Machine is Listening? Corporate Disclosure in the Age of AI

  • Sean Cao, Georgia State University
  • Wei Jiang*, Columbia Business School
  • Baozhong Yang, Georgia State University
  • Alan L. Zhang, Georgia State University

Discussant: Christopher Hennessy, London Business School


The Work-from-Home Technology Boon and its Consequences

  • Morris A. Davis, Rutgers University
  • Andra C. Ghent*, University of Utah
  • Jesse M. Gregory, University of Wisconsin-Madison

Discussant: Abigail Adams-Prassl, University of Oxford


Jean Monnet Lecture - Good economics for hard times

Esther Duflo, Massachusetts Institute of Technology

Chair: Isabel Schnabel, Member of the Executive Board, European Central Bank


End of day one

Tuesday, 31 August 2021

Who Is Afraid of Eurobonds?

  • Francesco Bianchi*, Duke University
  • Leonardo Melosi, Federal Reserve Bank of Chicago
  • Anna Rogantini Picco, Sveriges Riksbank

Discussant: Stephanie Schmitt-Grohé, Columbia University


The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S.

  • Greg Kaplan, University of Chicago
  • Benjamin Moll, London School of Economics
  • Giovanni L. Violante*, Princeton University

Discussant: Alessandra Fogli, Federal Reserve Bank of Minneapolis


Central Bank Digital Currency: Welfare and Policy Implications

Stephen Williamson, University of Western Ontario

Discussant: Monika Piazzesi, Stanford University


End of conference

This programme may be subject to change without notice.

Audiovisual notice: Please note that the entire event will be recorded and proceedings published on You Tube shortly after the conference. The Jean Monnet lecture will be live-streamed on You Tube and ECB pages.

General information

Organising committee

Luc Laeven, Marie Hoerova, Bartosz Maćkowiak, Alexander Popov (all European Central Bank)