12th BIS Annual Conference

20-21 June 2013, Palace Hotel, Lucerne, Switzerland


The proceedings of the conference were published in December 2013. 


Thursday 20 June
12:15-13:30 Informal buffet lunch
13:45-14:00 Opening remarks: Stephen Cecchetti (BIS) (Remarks, Presentation)
14:00-15:30 Session 1: The Great Recession: what recovery?
  Chair: Amando Tetangco (Bangko Sentral ng Pilipinas)
  Author: Philip Aghion (Harvard University) (Paper, Presentation)
  Discussants: Robert Hall (Stanford University) (Presentation)
Lucrezia Reichlin (London Business School) (Presentation)
Coffee break (30 min)
16:00-17:30 Session 2: Getting the policy mix right: is monetary policy overburdened?
  Chair: Graeme Wheeler (Reserve Bank of New Zealand)
  Author: Athanasios Orphanides (MIT) (Paper, Presentation)
  Discussants: Charles Bean (Bank of England) (Comments)
Niall Ferguson (Harvard University) (Presentation)
19:00 Departure from the Palace Hotel for dinner venue



Keynote lecture:

Finn Kydland (University of California, Santa Barbara) (Speech, Presentation)

Friday 21 June
09:00-10:30 Session 3: Global spillovers and domestic monetary policy challenges
  Chair: Fahad Almubarak (Saudi Arabian Monetary Agency)
  Author: Menzie Chinn (University of Wisconsin) (Paper, Presentation)
  Discussants: Leszek Balcerowicz (Warsaw School of Economics) (Written comments)
Rakesh Mohan (IMF) (Presentation)
Coffee break (30 min)
11:00-12:30 Session 4: Monetary policy cooperation in the decade ahead
  Chair: Erkki Liikanen (Bank of Finland)
  Author: John Taylor (Stanford University) (Paper, Presentation)
  Discussants: Arminio Fraga (Gávea Investimentos) (Comments)
Kenneth Rogoff (Harvard University) (Comments)
12:30 Lunch
14:00-15:30 Governors Panel
  Chair: Jaime Caruana (BIS)

Zeti Akhtar Aziz (Bank Negara Malaysia) (Remarks)
Thomas Jordan (Swiss National Bank) (Remarks)
Glenn Stevens (Reserve Bank of Australia) (Remarks)                                                                               

15:30 End of the Conference