|
New Instruments of Monetary Policy: The Challenges
March 12th 2010
Winstanley Lecture Theatre
Trinity College, Cambridge
Sponsored by The Money Macro and Financial Research Group and the Centre for International
Macroeconomics and Finance.
Programme
| 10.30 |
Tea/Coffee, Registration |
| |
|
| |
Introduction: Hamid Sabourian (Cambridge) |
| |
|
| 11.00 - 12.00 |
Spencer Dale (Bank of England)
“Quantitative Easing: one year on”, Slides |
| |
|
| 12.00 -1.00 |
Sharon Kozicki, Lena Suchanek and Eric Santor (Bank of Canada)
“Central Bank Balance Sheets and Long-Term Forward Rates”, Slides |
| |
|
| |
Discussant: Demosthenes Tambakis (University of Cambridge), Comments |
| |
|
| 1.00 - 2.00 |
Lunch Break |
| |
|
| 2.00 - 3.00 |
Round Table (Chairman, Sean Holly, University of
Cambridge)
Huw Pill (European Central Bank (ECB))
Colin Ellis (Daiwa Capital Markets Europe Ltd)
Charles Goodhart (LSE and Morgan Stanley)
David Cobham (Herriot-Watt), Remarks
Marcus Miller (Warwick) "When money matters", Slides |
| |
|
| 3.00 - 3.50 |
Douglas Gale (NYU)
“Liquidity and Monetary Policy Instruments”, Slides |
| |
|
| |
Discussant: Jagjit Chadha (University of Kent), Comments |
| |
|
| 3.50 - 4.10 |
Tea |
| |
|
| 4.10 - 4.50 |
Hans Gerbach (ETH, Zurich) and Jan Wenzleberger
(University of Keele)
“Interest Rate Policy and Stability of Banking Systems”, Slides |
| |
|
| |
Discussant: Peter Sinclair (University of Birmingham) |
| |
|
| 4.50 - 5.40 |
Richard Harrison (Bank of England)
“Asset purchase policy at the effective lower bound for interest rates”, Slides |
| |
|
| |
Discussant: Mike Wickens (University of York), Comments |
| |
|
| 5.40 - 6.30 |
Stephania Villa (Birkbeck College) and Jing Yang (Bank of England)
“Financial intermediaries in an estimated DSGE model for the UK”, Slides |
| |
|
| |
Discussant: Tiago Cavalcanti (University of Cambridge), Comments |
| |
|
Directions to Trinity College
How to find Winstanley lecture theatre:
Please register by emailing Sue Pilkington (Sue.Pilkington@econ.cam.ac.uk), as places are limited.
|
