17th BIS Annual Conference
Ten years after the Great Financial Crisis: what has changed?
Friday 22 June 2018, Dolder Grand Hotel, Zurich, Switzerland
Overview
| Welcome | Hyun Song Shin, Bank for International Settlements |
| Session 1: What are the characteristics of the new financial system? | |
| Chair | Erkki Liikanen, Bank of Finland |
| Author | Asli Demirgüç-Kunt, World Bank |
| Paper | "Are international banks different? Evidence on bank performance and strategy" |
| Presentation | |
| Discussants | Tobias Adrian, International Monetary Fund Discussion paper |
| Bengt Holmström, Massachusetts Institute of Technology Discussion paper |
|
| Session 2: Has the inflation process changed? | |
| Chair | Philip Lowe, Reserve Bank of Australia |
| Author | Kristin Forbes, MIT Sloan School of Management |
| Paper | "Has globalization changed the inflation process?" |
| Presentation | |
| Discussants |
Carlos Viana de Carvalho, Central Bank of Brazil |
| Simon Gilchrist, New York University Discussion paper |
|
| Session 3: Is the financial system more resilient? | |
| Chair | Stefan Ingves, Sveriges Riksbank |
| Author | Paul Tucker, Harvard Kennedy School |
| Paper | "Is the financial system sufficiently resilient: a research programme and policy agenda" |
| Discussants | Gary Gorton, Yale School of Management Discussion paper |
| Nellie Liang, The Brookings Institution Discussion paper |
|
| Session 4: What are main challenges for international policy coordination? | |
| Chair | Karnit Flug, Bank of Israel |
| Author | Pierre-Olivier Gourinchas, University of California, Berkeley |
| Paper | "Global real rates: a secular approach" |
| Presentation | Global real rates: a secular approach |
| Discussants | Şebnem Kalemli-Özcan, University of Maryland, College Park Discussion paper |
| Gianluca Benigno, London School of Economics and Political Science Discussion paper |
|
| Wrap-up panel: Lessons from the Great Financial Crisis | |
| Chair | Agustín Carstens, Bank for International Settlements |
| Panellists | Mervyn King, former Governor, Bank of England |
| Anne Le Lorier, former First Deputy Governor, Bank of France | |