 align="right"> SUERF/NBP Conference
"Monetary Policy after the Crisis" 4 March 2011
National Bank of Poland, Warsaw Conference programme | 8.30 | Registration of participants
| | 9.00 - 9.30 | Opening remarks
- Marek Belka, President, National Bank of Poland
- Catherine Lubochinsky, SUERF President, University Paris 2
| | 9.30 - 10.30 | Keynote Session
Chairperson: Catherine Lubochinsky, SUERF President, University Paris 2 - Monetary Policy after the Crisis - Lessons from a Fixed-Exchange-Rate Regime
Jens Thomsen, Danmarks Nationalbank
- Central banking in the years ahead: What compass for unchartered waters?
Claudio Borio Bank for International Settlements
| | 10.30 - 11.00 | Coffee Break
| 11.00 - 12.30 | Session 1: Conducting monetary policy - what have we learnt from the crisis?
Chairperson: Ernest Gnan, SUERF and Oesterreichische Nationalbank - Optimal conventional and unconventional monetary policy in the presence of collateral constraints and the zero bound
Presented by Charles Brendon
Co-authors: Matthias Paustian and Tony Yates
- The role of macroeconomic policies in the global crisis
Presented by Patrizio Pagano
Co-authors: Pietro Catte, Pietro Cova and Ignazio Visco
- How does Monetary Policy respond to Financial Stress?
Presented by Roman Horváth
Co-authors: Jaromír Baxa and Borek Vašiček
| | 12.30 - 13.30 | Buffet Lunch
| | 13.30 - 15.00 | Session 2: Coordination of monetary, fiscal and macroprudential policies – what have we learnt from the crisis?
Chairperson: Ryszard Kokoszczynski, National Bank of Poland and SUERF - Money Market Integration and Sovereign CDS Spreads Dynamics in the New EU States
Presented by Petar Chobanov
Co-authors: Amine Lahiani and Nikolay Nenovsky
- Which policy-mix to mitigate the effects of financial heterogeneity in a monetary union?
Presented by Cristina Badarau
Co-author: Grégory Levieuge
- Risk, Uncertainty and Monetary Policy
Presented by Marco Lo Duca
Co-authors: Geert Bekaert and Marie Hoerova
| | 15.00 - 15.15 | Coffee break
| | 15.15 - 16.45 | Session 3: The monetary transmission mechanism during and after the crisis
Chairperson: Urs W. Birchler, University of Zurich - Did the Federal Reserve's MBS Purchase Program lower Mortgage Rates?
Presented by Wayne Passmore
Co-author: Diana Hancock
- Monetary Policy Transmission Disturbances during the Financial Crisis: a case of an Emerging Market Economy
Presented by Ewa Wróbel
Co-authors: Tomasz Łyziak, Jan Przystupa and Ewa Stanisławska
- Are unconventional monetary policies effective?
Presented by Urszula Szczerbowicz
| | 16.45 | End of event
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