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 | |