6th Annual Research Conference

Ponentes

23 Noviembre

• • 09:30h - 10:00h
  • Welcome address

    Ángel Gavilán (Banco de España)

• • 10:00h - 11:00h
  • THE PHILLIPS CURVE

    Chair: Eva Ortega (Banco de España)

    It’s baaaack: The Surge in Inflation in the 2020s and the Return of the Non-Linear Phillips Curve

    Pierpaolo Benigno  (557 KB) (University of Bern) and G. Eggertsson (Brown University)

    Discussant: Stéphane Dupraz  (1 MB) (Banque de France)

• • 11:00h - 11:30h
  • Coffee break
• • 11:30h - 13:30h
  • INFLATION AND WAGES

    Chair: Pablo Burriel (Banco de España)

    The Pass-Through of Inflation Expectations into Prices and Wages: Evidence from an RCT Survey

    Sarah Lein  (1 MB) (University of Basel), K. Abberger, A. Funk, M. Lamla and S. Siegrist Discussant: Silvana Tenreyro  (576 KB) (LSE)

    Distributional aspects of inflation in the euro area

    Gianluca Violante  (1 MB) (Princeton), F. Pallotti, J. Slacalek, O. Tristani and G. Paz-Pardo

    Discussant: Kurt Mitman  (157 KB) (CEMFI)

• • 13:30h - 15:00h
  • Lunch break
• • 15:00h - 17:00h
  • MONETARY POLICY NORMALIZATION

    Chair: Carlos Thomas (Banco de España)

    Managing normalization

    Gianluca Benigno  (247 KB) (University of Lausanne) and P. Benigno

    Discussant: Fiorella de Fiore  (793 KB) (BIS)

    Balance Sheet Policy Above the ELB

    Annette Vissing-Jorgensen  (1 MB) (Federal Reserve Board)

    Discussant: Saki Bigio  (306 KB) (UCLA)

24 Noviembre

• • 10:00h - 11:30h
  • HETEROGENOUS IMPACT OF INFLATION

    Chair: Eva Ortega (Banco de España)

    Heterogenous Effects of Monetary Policy Across Income and Race: the Labour Mobility Channel

    Ester Faia  (1 MB) (Goethe University Frankfurt), E. Shabalina and D. Wiczer

    Discussant: Evi Pappa  (315 KB) (Universidad Carlos III Madrid)

• • 11:00h - 11:30h
  • Coffee break
• • 11:30h - 13:30h
  • MONETARY POLICY AND FINANCIAL STABILITY

    Chair: Jim Costain (Banco de España)

    Loose monetary policy and financial instability

    Grimm, Òscar Jordà  (4 MB) (FRB of San Francisco and UC Davis), M. Schularik and A. Taylor

    Discussant: Jose Luis Peydró  (926 KB) (UPF, CREI & BSE)

    Monetary policy and endogenous financial crisis

    Boissay, F. Collard, Jordi Galí  (1 MB) (CREI, UPF & BSE) and C. Manea

    Discussant: Alejandro Van der Ghote  (656 KB) (ECB)

• • 13:30h - 14:30h
  • End of conference and lunch