Ninth ECB Annual Research Conference 2024
19 and 20 September 2024
Onsite event at the European Central Bank, Frankfurt am Main
This is the ninth 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 Claudia Goldin.
PHOTOS
High-quality images of the ECB Forum are available via Flickr.
Programme
* indicates the presenter
- 8:30
-
Registration and coffee
- 9:00
-
Welcoming remarks
Luc Laeven, European Central Bank
-
Session 1
Chair: Luc Laeven, European Central Bank
- 9:10
-
The economics of financial stress
- Dmitriy Sergeyev*, Bocconi University
- Chen Lian, University of California, Berkeley
- Yuriy Gorodnichenko, University of California, Berkeley
Discussant: Alina Bartscher, Frankfurt School of Finance and Management
- 10:00
-
Behavioural sticky prices
- Sergio Rebelo, Northwestern University
- Miguel Santana, Northwestern University
- Pedro Teles*, Banco de Portugal and Católica-Lisbon School of Business and Economics
Discussant: Gaetano Gaballo, HEC Paris
- 10:50
-
Coffee break
-
Session 2
Chair: Marie Hoerova, European Central Bank
- 11:20
-
Strike while the Iron is Hot: Optimal Monetary Policy with a Nonlinear Phillips Curve
- Peter Karadi, European Central Bank
- Anton Nakov*, European Central Bank
- Galo Nuño, Banco de España
- Ernesto Pastén, Central Bank of Chile and Toulouse School of Economics
- Dominik Thaler, European Central Bank
Discussant: Guido Ascari, University of Pavia and De Nederlandsche Bank
- 12:10
-
Data and markups: a macro-finance perspective
- Jan Eeckhout*, Universitat Pompeu Fabra
- Laura Veldkamp, Columbia University
Discussant: Maarten De Ridder, London School of Economics
- 13:00
-
Lunch break
-
Session 3
Chair: Christophe Kamps, European Central Bank
- 14:30
-
The job ladder: inflation vs. reallocation
- Giuseppe Moscarini, Yale University
- Fabien Postel-Vinay*, University College London and Institute for Fiscal Studies
Discussant: Kerstin Holzheu, Sciences Po
- 15:20
-
The search cost of inflation
- Laura Pilossoph, Duke University
- Jane M. Ryngaert*, University of Notre Dame
- Jesse Wedewer, Duke University
Discussant: Jordi Galí, CREI and Universitat Pompeu Fabra
- 16:10
-
Coffee break
-
Session 4
Chair: Isabel Schnabel, European Central Bank
- 16:40
-
Jean Monnet Lecture: “Babies and the Macroeconomy”
(will be delivered remotely)
Claudia Goldin, Harvard University
- 17:40
-
End of day one
- 18:00
-
Dinner – by invitation only
- 8:30
-
Registration and coffee
-
Session 5
Chair: Philipp Hartmann, European Central Bank
- 9:00
-
Monetary policy without commitment
- Hassan Afrouzi, Columbia University
- Marina Halac, Yale University
- Kenneth S. Rogoff, Harvard University
- Pierre Yared*, Columbia University
Discussant: Albert Marcet, CREI and Universitat Pompeu Fabra
- 9:50
-
The secular decline of bank balance sheet lending
- Greg Buchak, Stanford University
- Gregor Matvos, Northwestern University
- Tomasz Piskorski, Columbia University
- Amit Seru*, Stanford University
Discussant: Neeltje van Horen, Bank of England and University of Amsterdam
- 10:40
-
Coffee break
-
Session 6
Chair: Ulrich Bindseil, European Central Bank
- 11:10
-
Specialization in banking
- Kristian Blickle, Federal Reserve Bank of New York
- Cecilia Parlatore*, New York University
- Anthony Saunders, New York University
Discussant: Diana Bonfim, Banco de Portugal and European Central Bank
- 12:00
-
The global credit cycle
- Nina Boyarchenko*, Federal Reserve Bank of New York
- Leonardo Elias, Federal Reserve Bank of New York
Discussant: Stijn Claessens, Yale University
- 12:50
-
Lunch and end of conference
This programme may be subject to change without notice.
Audiovisual notice: A photographer will be present at the event taking photographs for our internet / intranet webpage. If you prefer not to have your photograph taken, please approach the photographer directly. The event may be filmed and the video recording, or parts of it, may be published on the internet / intranet.
General information
Venue
European Central Bank
Main Building
Press Room
Sonnemannstrasse 20
60314 Frankfurt am Main
Germany
Conference language
English
Transportation
Participants are requested to arrange their own transfers, unless indicated otherwise.
Contacts
Organising committee
Luc Laeven, Laura Gati, Bartosz Maćkowiak, Kalin Nikolov, Melina Papoutsi, Alexander Popov (all European Central Bank)
Contacts
Justyna Ferstl
+49 170 2279097
arconference@ecb.europa.eu