SUERF

Program

Time

Thursday, 28 March 2019

13:15

Registration and welcome coffee

13:40

Opening Remarks

Welcome

Michala Marcussen, Vice President, SUERF

Welcome and Introduction

François Villeroy de Galhau, Governor, Banque de France

SUERF Policy Note, no 64 by François Villeroy de Galhau, Governor of the Banque de France

14:00

Keynote Speech

Christine Lagarde, Managing Director, International Monetary Fund (IMF)

SUERF Policy Note, no 63 by Christine Lagarde, Managing Director, International Monetary Fund

14:30

Panel: Coping with Global Shocks

Moderator: Martin Wolf, Financial Times

Laurence Boone, Chief economist, Organisation of Economic Cooperation & Development (OECD)

Agustin Carstens, General Manager, Bank for International Settlements (BIS)

Richard Clarida, Vice Chairman, Board of Governors of the Federal Reserve System

Pascal Lamy, former President, World Trade Organisation

15:30

General Discussion

16:00

Poster Session

Breaking the Feedback Loop: Macroprudential Regulation of Banks’ Sovereign Exposures

Jorge Abad (CEMFI),

Bank competition and firm credit availability: firm-bank evidence from Europe

Caroline Bozou and Pietro Grandi (LEMMA, Université Paris 2),

Cross-border investments and uncertainty: Firm-level evidence

Rafael Cezar (Banque de France), Timothee Gigout (College de France) and Fabien Tripier (University of Evry & CEPII),

Dominant Currency Debt

Egemen Eren (Bank for International Settlements) and Semyon Malamud (Swiss Finance Institute, EPF Lausanne & CEPR),

Should central banks offer an account-based digital currency to the general public?

Paolo Fegatelli (Banque Centrale du Luxembourg),

Real Options or Disaster Risk? Distinguishing Uncertainty Effects on Investment

Rafael Mentges and Hanno Dihle (University of Freiburg),

Private and Public Debt in the EMU: What Implications on Economic Growth?

Patrizio Morganti (Tuscia University),

The Marginal Propensity to Consume, Hand-to-Mouth Households and Fiscal Multipliers in EU countries

Atanas Pekanov (WIFO and Vienna University of Economics and Business),

Asymmetric Investment Responses to Firm-Specific Uncertainty

Lena Tonzer (Halle Institute for Economic Research, University of Halle), Manuel Buchholz (Halle Institute for Economic Research) and Julian Berner (University of Halle),

Unconventional Monetary Policy and Funding Liquidity Risk

Quentin Vandeweyer (European Central Bank and Sciences Po), Matthieu Darracq Pariès (European Central Bank) and Adrien d’Avernas (Stockholm School of Economics),

16:45

Panel: Addressing the Impact of Brexit

Moderator: Jean Lemierre, Chairman, BNP Paribas

Minouche Shafik, Director, London School of Economics

Sharon Donnery, Deputy Governor, Central Bank of Ireland

David T. Llewellyn, Professor, Loughborough University, former President of SUERF

Cecilia Skingsley, Deputy Governor, Riksbank

17:45

General Discussion

18:15

End of first day’s proceedings and SUERF General Assembly

Time

Friday, 29 March 2019

09:00

SUERF 2019 Marjolin Lecture

Hélène Rey, Professor, London Business School

Chair: Jean-Claude Trichet, former President, European Central Bank