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Research & Conferences

2012 CENTRAL BANK
MACROECONOMIC MODELING WORKSHOP:
MODELING IMBALANCES

National Bank of Poland
September 13-14, 2012

The tradition of the Central Bank Macroeconomic Modeling Workshop (CBMMW) was started in 1998 by the Reserve Bank of New Zealand. Since then the Workshop was hosted by central banks of Sweden, Canada, the Netherlands, Japan, South Africa, Chile, Norway, Colombia, Israel, the Philippines, the ECB and the Federal Reserve. The 2012 CBMMW will be held in Warsaw, Poland, on September 13-14, 2012, hosted by the National Bank of Poland.

The last few years have especially clearly demonstrated the impact of various sorts of imbalances – current account, financial, fiscal – on economic performance of individual countries as well as of the global economy. These imbalances present a challenge for monetary policy and are important issues for central banks researchers. Hence, the 2012 Workshop will be an opportunity for central banks researchers to discuss the broad range of issues related to macroeconomic imbalances.

Topics of the workshop include but are not limited to:

  • modelling and identifying imbalances,
  • including imbalances into macroeconomic models,
  • policy response to imbalances.
Keynote speeches will be delivered by:
  • Claudio Borio, Bank for International Settlements,
  • Douglas Laxton, International Monetary Fund.
Organizing committee:
  • Michał Brzoza-Brzezina,
  • Grzegorz Grabek,
  • Ryszard Kokoszczyński,
  • Agnieszka Zientara.

NBP interest rates

Reference rate 1.50
Lombard rate 2.50
Deposit rate 0.50
Rediscount rate 1.75

Exchange rates

Table of 2016-06-24
1 EUR4.4526
1 USD3.9994
1 CHF4.1028
1 GBP5.5644
100 JPY3.8831

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Narodowy Bank Polski
Świętokrzyska 11/21
00-919 Warszawa
Poland

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+48 22 185 10 00
fax:
+48 22 185 85 18
e-mail: listy@nbp.pl
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