About the conference
The 10th BIS Annual Conference focused on "Fiscal policy and its implications for monetary and financial stability". The conference proceedings will be published in the BIS Papers No 59 in December 2011.
Conference materials
Stephen Cecchetti, Bank for International Settlements | paper, presentation
Chair
Øystein Olsen, Central Bank of Norway
Speaker
Alan Auerbach, University of California, Berkeley | presentation
Paper
Long-term fiscal sustainability in major economies
Discussants
- Pier Carlo Padoan, OECD | presentation
- Ray Barrell, NIESR | presentation
Chair
Stefan Ingves, Sveriges Riksbank
Speaker
Roberto Perotti, Universitá Bocconi | presentation
Paper
The 'Austerity Myth': Gain without pain?
Discussants
- Carlo Cottarelli, IMF | paper
- Harald Uhlig, University of Chicago | presentation
Martin Feldstein, Harvard University/NBER | paper
Chair
Patrick Honohan, The Central Bank of Ireland
Speaker
Carmen Reinhart, Peterson Institute for International Economics | presentation
Paper
The Liquidation of Government Debt
Discussants
- Ignazio Visco, Bank of Italy | presentation
- Alan Taylor, Morgan Stanley
Chair
Prasarn Trairatvorakul, Bank of Thailand
Speaker
Eric Leeper, Indiana University | presentation
Paper
Perceptions and misperceptions of fiscal inflation
Discussants
- Christopher Sims, Princeton University | presentation
- Michael Bordo, Rutgers University | presentation
Chair
Axel Weber, The University of Chicago Booth School of Business
Speaker
Andrés Velasco, Harvard Kennedy School | presentation
Paper
Was this time different? - Fiscal policy in commodity republics
Discussants
- Choongsoo Kim, Bank of Korea | presentation
- Guillermo Calvo, Columbia University | presentation