Sheraton Bratislava Hotel, Pribinova 12, Bratislava & online via Webex
Macroprudential policy has been part of the economic policy toolkit in Europe for around two decades and has become widely used since the GFC. It is time to look back at experiences and best practices in Europe. What have we learnt about the efficiency of various tools used to dampen financial cycles and to strengthen the resilience of the financial system? Have macroprudential policies helped to cushion financial crises that Europe experienced during the last two decades? What were success factors and shortcomings? Looking ahead, how can macroprudential policies help to address the challenges the European economy is facing? These include the transformation towards a more market and tech-based financial system, the transition to a sustainable economy and the possibility of a protracted period of upward inflation pressures. This conference will bring together leading academic researchers and macroprudential policymakers to take stock and to provide some guidance on the future development of macroprudential policies.
Scientific coordination
Ernest Gnan, SUERF; Zuzana Fungáčová, Bank of Finland; Esa Jokivuolle, Bank of Finland and SUERF; Ján Klacso, Národná banka Slovenska; and, Reiner Martin, Národná banka Slovenska and SUERF
Macroprudential policy through the eyes of dynamic macro-banking models
Javier Suarez, Full Professor, CEMFI presentationIntroduced by Reiner Martin, Executive Director, Head of Research, NBS I SUERF
Macroprudential policy: Some global perspectives
Christopher J. Erceg, Deputy Director, Monetary and Capital Markets Department, IMF (Joining remotely) presentationMacroprudential policy in the SSM area: What have we learnt?
Cornelia Holthausen, Director General, Macroprudential Policy and Financial Stability, ECB presentationMacro-financial stability frameworks and external financial conditions
Boris Hofmann, Head of Monetary Policy, Monetary and Economic Department, BIS presentationDefining the research frontier for MPP – where to go from here?
Thorsten Beck, Professor, EUI Florence I SUERF Fellow presentationA brave new world for MPP?
Tuomas Peltonen, Deputy Head of Secretariat, ESRB presentationsee also, ESRB: A concept note – March 2022 presentation “Review of the EU Macroprudential Framework for the Banking Sector”
The macroprudential challenge of climate change
Paul Hiebert, Head of Systemic Risk and Financial Institutions Division, ECB presentationsee also, the ECB Discussion Paper, April 2023: “Policy options to reduce the climate insurance protection gap”
MPP beyond banks
Cristina Cella, Advisor, Financial Stability Department, Sveriges Riksbank presentation
