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ESCB Challenges for Monetary Policy Transmission in a Changing World (ChAMP) Research Network

2nd ChaMP Online Workshop

Monday, 28 April 2025

Programme

* indicates the presenter

9:30

Welcome by the ChaMP Board

Philipp Hartmann, ECB

Session 1: Monetary Policy Transmission through Banks to firms and households

Chair: Jean-David Sigaux, ECB

9:40

The Bank Lending Channel of QT

  • Matthieu Chavaz, BIS
  • Alba Patozi*, Bank of England
  • Mo Wazzi, University of Oxford
10:10

Deposit market concentration and monetary transmission: evidence from the euro area

Stephen Kho*, De Nederlandsche Bank

10:40

How Does Monetary Policy Affect Consumption? The Indebted Demand Channel

  • Angus Foulis*, Bank of England
  • Jonathon Hazell, LSE
  • Atif Mian, Princeton
  • Belinda Tracey, Bank of England
11:10

Coffee break


Session 2: Monetary policy and international risk-sharing

Chair: María T. Valderrama, Oesterreichische Nationalbank

11:30

Changing patterns of risk-sharing channels in the United States and the euro area

  • Jacopo Cimadomo*, ECB
  • Massimo Giuliodori, University of Amsterdam
  • Andras Lengyel, Bank of England
  • Haroon Mumtaz, Queen Mary University of London
12:00

Closing remarks

This programme may be subject to change without notice.

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