About the conference
For 19 years, the BIS Annual Conference has brought together central bank governors and leading academics to discuss topical issues in central banking, macroeconomics and finance. The 19th Annual Conference took the shape of a series of four webinars on different challenges faced by central banks in the wake of the pandemic.
The fiscal-monetary policy nexus
Ricardo Reis speaks about fiscal and monetary policy in a post Covid-19 world, followed by a discussion with John Taylor.
Central banks and the macroeconomy
Lucrezia Reichlin speaks about the macroeconomic effects of monetary policy and fiscal-monetary interactions, followed by a discussion with Otmar Issing.
The future of money
Markus Brunnermeier speaks about the digitalisation of money, followed by a discussion with Bruno Biais.
Global financial system and exchange rates
Matteo Maggiori speaks about FX policy when financial markets are imperfect, followed by a discussion with Laura Alfaro and Linda Tesar.
Per Jacobsson Lecture 2020 and panel discussion
This year's Per Jacobsson Lecture was given by Professor Catherine Schenk on "Central bank cooperation and US dollar liquidity: what can we learn from the past?", followed by an academic panel discussion moderated by Guillermo Ortiz. Organised in partnership with the International Monetary Fund, the Per Jacobsson Lecture is held at the BIS every two years to commemorate the BIS's first Economic Adviser, Per Jacobsson (1894-1963).
Conference materials
Ricardo Reis, London School of Economics and Political Science | working paper
Lucrezia Reichlin, London Business School | working paper
Markus Brunnermeier, Princeton University | working paper
Matteo Maggiori, Stanford Graduate School of Business | working paper