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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

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

 

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

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Speakers

We put together some more information about this year's speakers: what is their background? What were the different positions they have held during their professional carreer?

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