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ECB Forum on Central Banking 2020

Central banks in a shifting world

Online event, 11 and 12 November 2020

Wednesday, 11 November

Times are Central European Time (UTC+1)

14:00

Introductory speech

Christine Lagarde, President, European Central Bank

 

Session 1: Implications of fundamental global changes for central banks

14:30

De-globalisation? Global value chains in the post-COVID-19 age

Pol Antràs, Professor, Harvard University

Discussant: Susan Lund, Partner, McKinsey Global Institute

Chair: Luis de Guindos, Vice-President, European Central Bank

15:30
Break
15:45

Macro-financial implications of climate change and the carbon transition

Rick van der Ploeg, Professor, University of Oxford

Discussant: Signe Krogstrup, Governor, Danmarks Nationalbank

Chair: Luis de Guindos, Vice-President, European Central Bank

16:45
Break
17:00

Panel: Inflation objective, structural forces, and central bank communication

Chair: Philip R. Lane, Member of the Executive Board, European Central Bank

18:00
End of day 1

Thursday, 12 November

Times are Central European Time (UTC+1)

 

Session 2: Macroeconomic stabilisation frameworks in a new economic environment

14:00

Monetary policy challenges from falling natural interest rates

Klaus Adam, Professor, University of Mannheim

Discussant: Argia Sbordone, Vice President and Function Head, Macroeconomic and Monetary Studies Function, Federal Reserve Bank of New York

Chair: Fabio Panetta, Member of the Executive Board, European Central Bank

15:00
Break
15:15

Fiscal rules, policy and macroeconomic stabilisation in the euro area

Evi Pappa, Professor, Unversidad Carlos III Madrid

Discussant: Vítor Gaspar, Director, Fiscal Affairs Department, International Monetary Fund

Chair: Yves Mersch, Member of the Executive Board, European Central Bank

16:15
Break
16:30

Panel: Monetary policy instruments and financial stability

  • Markus Brunnermeier, Professor, Princeton University
  • Lucrezia Reichlin, Professor, London Business School
  • Hyun Song Shin, Economic Adviser and Head of Research, Bank for International Settlements

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

17:30
Break
17:45

Policy panel

  • Andrew Bailey, Governor, Bank of England
  • Christine Lagarde, President, European Central Bank
  • Jerome H. Powell, Chair of the Board of Governors of the Federal Reserve System

Moderator: Roula Khalaf, Editor, Financial Times

18:45

Closing remarks and Young economists' award announcement

Young economists’ competition

This programme may be subject to change without notice.


General information

Conference language

English

Contacts

ECB Forum on Central Banking
Forum secretariat
+39 377 979 2264
info@ecbforum.eu