About the conference
The theme of the 22nd BIS Annual Conference was "Central banks, macro-financial stability and the future of the financial system". The sessions focused on monetary-fiscal interactions, the asset allocation decisions of banks and non-bank financial institutions as well as on bond market functioning. The two panel discussions were devoted to the future of crypto and the remit of central banks.
Conference materials
Hyun Song Shin, Bank for International Settlements
Chair
Lesetja Kganyago, South African Reserve Bank
Speaker
John Cochrane, Hoover Institution, Stanford University | presentation
Paper
Expectations and the neutrality of interest rates
Discussants
- Lucrezia Reichlin, London Business School | presentation
- Pablo Andrés Neumeyer, Universidad Torcuato Di Tella | presentation
Chair
Philip Lowe, Reserve Bank of Australia
Speaker
Wenxin Du, University of Chicago, Booth School of Business | presentation
Paper
International portfolio frictions
Discussants
- Robin Greenwood, Harvard Business School | presentation
- Dimitri Vayanos, London School of Economics and Political Science | presentation
Esther L George, Former President and CEO, Federal Reserve Bank of Kansas City
Chair
Chang Yong Rhee, Bank of Korea
Speaker
Darrell Duffie, Graduate School of Business, Stanford University | presentation
Paper
Dealer capacity and US Treasury market functionality
Discussants
- Imène Rahmouni-Rousseau, European Central Bank | presentation
- Andrew Metrick, Yale School of Management
Moderator
Cecilia Skingsley, BIS Innovation Hub
Panellists
- Hilary J Allen, American University Washington College of Law
- Markus K Brunnermeier, Princeton University | presentation
- Jón Daníelsson, London School of Economics and Political Science
- Fabio Panetta, European Central Bank | presentation
Moderator
Agustín Carstens, Bank for International Settlements
Panellists
- Ida Wolden Bache, Central Bank of Norway
- Shaktikanta Das, Reserve Bank of India
- Tiff Macklem, Bank of Canada
Daron Acemoğlu, Massachusetts Institute of Technology | book, presentation