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International macro, price determination and policy cooperation

28 September 2017 | Basel, Switzerland

About the conference

Sixth BIS Research Network meeting

The sixth BIS Research Network meeting took place on 28 September 2017, bringing together researchers from academia and central banks on monetary and financial stability. With international policy cooperation as the first theme, participants also discussed mechanisms of price determination in the second session. Charles Engel gave a keynote lecture on "The exchange rate, price setting and financial markets: Consideration for monetary policy in an open economy".

Agenda

Luiz A Pereira da Silva, Bank for International Settlements

Chair   
Claudio Borio, Bank for International Settlements

The international dimensions of macroprudential policies
paper
presentation
discussion

Giovanni Lombardo (with Pierre-Richard Agénor, Enisse Kharroubi, Leonardo Gambacorta and Luiz Awazu Pereira da Silva)

Discussant

Tommaso Monacelli

Monetary and financial policies in emerging markets
paper
presentation
discussion

Gianluca Benigno (with K Aoki and N Kiyotaki)

Discussant

Philippe Bacchetta 

Monetary-fiscal interactions and the euro area's malaise
paper
presentation
discussion

Bartosz Maćkowiak (with M Jarociński)

Discussant

Michael Woodford

 

Chair   
Hyun Song Shin, Bank for International Settlements

Price and quantity responses to large exchange-rate shocks: evidence from the Great Appreciation in Switzerland
paper
presentation
discussion

Raphael Auer (with A Burstein and S Lein)

Discussant

Oleksiy Kryvtsov 

Dominant currency paradigm
paper
presentation
discussion

Pierre-Olivier Gourinchas (with C Casas, F Díez, G Gopinath)

Discussant

Daniel Samáno

 

 

The exchange rate, price setting and financial markets: Considerations for monetary policy in an open economy
keynoteCharles Engel