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Eleventh BIS Consultative Council of the Americas Research Conference on "The Economics of the Covid-19 Pandemic"

16–18 November 2021 | Virtual conference

About this conference

Under the auspices of the Consultative Council for the Americas (CCA), the Americas Office organises Annual Research Conferences, workshops and conferences for the research networks.

Virtual Conference, 16-18 November 2021.

Day 1 - 16 November

09:00 - 09:05

Alexandre Tombini, Chief Representative of the BIS for the Americas and Césaire Meh, Chair of the BIS CCA Scientific Committee

09:05 - 11:30

Chair: Césaire Meh (BIS CCA Scientific Committee and Bank of Canada)

COVID-19 and Local Market Power in Credit Markets

Thiago Christiano Silva, Sergio Rubens de Souza and Solange Maria Guerra (Central Bank of Brazil) | Presentation (later published as BIS Working Papers, no 1017)

Discussant: Vasso Ioannidou (Bayes Business School, University of London) | Presentation

Anatomy of Firms' Margins of Adjustment: Evidence from the COVID Pandemic

Elías Albagli, Andrés Fernández, Juan Guerra and Federico Huneeus (Central Bank of Chile) | Presentation

Discussant: Ryan Banerjee (Bank for International Settlements) | Presentation

Nowcasting during the Pandemic: Lessons from Argentina

Emilio Blanco, Fiorella Dogliolo and Lorena Garegnani (Central Bank of Argentina) | Presentation

Discussant: Esther Ruiz-Ortega (Universidad Carlos III de Madrid) | Presentation

Day 2 - 17 November

09:00 - 11:30

Chair: Ana Aguilar (Bank for International Settlements)

COVID-19 and Implications for Automation

Alex Chernoff and Casey Warman (Bank of Canada) | Presentation

Discussant: Ayşegül Şahin (University of Texas at Austin) | Presentation

Is the pandemic Fast-Tracking Automation in Developing Countries? Preliminary Evidence from Colombia

Leonardo Bonilla, Luz Flórez, Didier Hermida, Francisco Lasso, Leonardo Morales, Juan Ospina, and José Pulido (Central Bank of Colombia) | Presentation (later published as BIS Working Papers, no 1048)

Discussant: Sylvain Leduc (FRBSF) | Presentation 

Informal Labor Markets in Times of Pandemic: Evidence for Latin America and Policy Options

Gustavo Leyva and Carlos Urrutia (Bank of Mexico) | Presentation

Discussant: Alan Finkelstein (Tufts University) | Presentation

Day 3 - 18 November

09:00 - 10:30

Chair: Fabrizio Zampolli (Bank for International Settlements)

The Limited Power of Monetary Policy in a Pandemic

Antoine Lepetit and Cristina Fuentes-Albero (Board of Governors of the Federal Reserve System) | Presentation (later published as BIS Working Papers, no 1018)

Discussant: Mathias Trabandt (Goethe University Frankfurt) | Presentation

Unconventional Credit Policy in an Economy under Zero Lower Bound

Jorge Pozo and Youel Rojas (Central Reserve Bank of Peru) | Presentation (later published as BIS Working Papers, no 1019)

Discussant: Fiorella De Fiore (Bank for International Settlements) | Presentation

10:30 - 11:30

Chair: Alexandre Tombini (Bank for International Settlements)

Participants: Laura Alfaro (Harvard Business School) | Presentation, Paul Beaudry (Bank of Canada) | Presentation, Hyun Song Shin (Bank for International Settlements) | Presentation, and Hernando Vargas (Central Bank of Colombia) | Presentation.

 

N.B. Paper presentations: 20 minutes - Discussion: 15 minutes - Open discussion: 10 minutes. The presenters of the papers are underlined.