European Central Bank conference
Challenges in the digital age
Thursday, 4 and Friday, 5 July 2019
Frankfurt am Main
Participation is by invitation only.
* indicates the presenter
Thursday, 4 July
Philip Lane, Member of the Executive Board, European Central Bank
Work of the past, work of the future
David Autor, Massachusetts Institute of Technology
Chair: Frank Smets, European Central Bank
Work, wages and technology: Past, present and future
Technological change can have profound effects on labour markets. This session will consider the effects of technology from a historical perspective, the impact of more recent IT investments and automation, and potential issues for policy should artificial intelligence permanently exclude some people from the labour force.
Chair: Rachel Ngai, London School of Economics
- *Anna Salomons, Universiteit Utrecht
- James Bessen, Boston University
- Maarten Goos, Universiteit Utrecht
- Wiljan van den Berge, CPB Netherlands Bureau for Economic Policy Analysis
- *James Bessen, Boston University
- Cesare Righi, Boston University
Manuel Trajtenberg, Tel Aviv University
- Buffet lunch
Productivity growth, market power and monetary policy
Chad Syverson, Chicago Booth
Chair: Luc Laeven, European Central Bank
Market power in the digital age
Digital technologies have the potential to allow scale without mass and to allow innovative start-ups to grow and gain large market shares. This session will consider online pricing and the drivers of markups and concentration in the digital era, and will examine the implications of these forces for macroeconomic policy.
Chair: Christos Genakos, Cambridge Judge Business School
Alberto Cavallo, Harvard University
- *Anton Korinek, University of Virginia
- Ding Xuan Ng, Johns Hopkins
- *Chiara Criscuolo, OECD
- Matej Bajgar, OECD
- Jonathan Timmis, OECD
Dinner – invitation only
Automation: Recent determinants and long-run consequences
Robin Hanson, George Mason University
Friday, 5 July
- Registration and coffee
Growth and productivity: Can digital technologies deliver?
Digital technologies have the potential to generate incredible productivity gains, and yet the past fifteen years have seen a protracted decline in productivity growth. This session will examine the productivity impact of technologies such as big data and online platforms, and will consider when we will see the promised productivity gains.
Chair: Gino Gancia, Queen Mary and CREI
The impact of big data on firm performance: An empirical investigation
Pat Bajari, Amazon
- *John Fernald, INSEAD
- Mehrdad Esfahani, Arizona State University
- Bart Hobijn, Arizona State University
Diego Comin, Dartmouth College
Peter Gal, OECD
- Buffet lunch
Chair: Reinhilde Veugelers, Katholieke Universiteit Leuven
- End of conference
This programme may be subject to change without notice.
Participants are requested to arrange their own transfers.
- Vincent Labhard, European Central Bank
- Peter McAdam, European Central Bank
- Julian Morgan, European Central Bank
- Filippos Petroulakis, European Central Bank