| Program of the Conference
Thursday, February 9th, 2006
| 08:30 - 08:45 | Opening address
Jerzy Pruski - First Deputy President of the National Bank of Poland | | 08:45 - 09:45 | Opening lecture: The role of expectations in macroeconomics
- Peter Sinclair, University of Birmingham and the Bank of England | 09:45 - 10:15
| Coffee break
| | 10.15-11.00 | Should private expectations concern central bankers? | | | Martin Fukač, Czech National Bank
| | | Discussant: Zoltan Jakab, National Bank of Hungary
| | 11:00 - 11:45 | How robust are quantified survey data? Evidence from the United States | | | Roy Batchelor, Cass Business School, London
| | | Discussant: Richard Curtin, University of Michigan
| 11:45 - 12:30
| Inflation expectations: theoretical models and empirical tests | | | Richard Curtin, University of Michigan
| | | Discussant: Michael F. Bryan, Federal Reserve Bank of Cleveland
| 12:30 - 14:00
| Lunch break
| 14:00 - 14:45
| Survey expectations, rationality and the dynamics of euro area inflation | | | Magnus Forsells and Geoff Kenny, European Central Bank
| | | Discussant: Fabien Curto Millet, Balliol College, Oxford
| 14:45 - 15:30
| Household versus expert forecasts of inflation: New evidence from European survey data | | | Christina Gerberding, Deutsche Bundesbank
| | | Discussant: Emilia Tomczyk, Warsaw School of Economics
| 15:30 - 16:15
| The role of expectations in the inflation process in the euro area | | | Maritta Paloviita and Matti Viren, Bank of Finland
| | | Discussant: Roy Batchelor, Cass Business School, London
| 16:15 - 16:45
| Coffee break
| Friday, February 10th, 2006
| 08:30 - 09:15 | Consumers' inflation expectations and monetary policy in Europe | | | Jan Marc Berk, De Nederlandsche Bank
| | | Discussant: Tomasz Łyziak, National Bank of Poland
| | 09:15 - 10:00 | Finding the optimal method of quantifying inflation expectations on the basis of qualitative survey data | | | Fabien Curto Millet, Balliol College, Oxford
| | | Discussant: Jerzy Mycielski, University of Warsaw
| | 10:00 - 10:45 | Consumer inflation expectations. Usefulness of survey-based measures - a cross-country study | | | Ryszard Kokoszczyński, Tomasz Łyziak, Ewa Stanisławska, National Bank of Poland
| | | Discussant: Martin Fukač, Czech National Bank
| 10:45 - 11:15
| Coffee break
| | 11:15 - 12:30 | Panel discussion on the use of different measures of inflation expectations in monetary policy making | | | Chair: Lars Jonung, European Commission
| | | Panelists: - Tibor Hledik, Czech National Bank
- Geoff Kenny, European Central Bank
- Ryszard Kokoszczyński, National Bank of Poland
| 12:30 - 13:00
| Closing remarks: Andrzej Wojtyna, Monetary Policy Council, National Bank of Poland
| 13:00 - 14:30
| Lunch
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