Tercera Conferencia Anual de Investigación del Banco de España

Ponentes

16 Septiembre

• • 09:00h - 09:30h
  • Registration and Welcome Coffee
• • 09:30h - 09:45h
  • Welcome Remarks: Pablo Hernández de Cos (Governor of the Banco de España) ( 165 KB )
• • 09:45h - 10:55h
  • Chair: Oscar Arce (Director General Economics, Statistics and Research, Banco de España)

    “Labor Mobility Within Currency Unions”
    Emmanuel Farhi  (4 MB) (Harvard University) and Iván Werning

    Discussant: Tano Santos  (716 KB) (Columbia University)

• • 10:55h - 11:25h
  • Coffee Break
• • 11:25h - 12:35h
  • Chair: Carlos Thomas (Banco de España)

    “Why is the Euro punching below its weight?”
    Carmen Reinhart  (2 MB) (Harvard Kennedy School), Kenneth Rogoff and Ethan Ilzetzki

    Discussant: Fernando Broner  (861 KB) (CREI)

• • 12:35h - 13:45h
  • “Answering the Queen: Machine Learning and Financial Crises”

    Jérémy Fouliard, Michael Howell and Hélène Rey (London Business School)

    Discussant: Luc Laeven (ECB)

• • 13:45h - 15:15h
  • Lunch
• • 15:15h - 16:25h
  • Chair: Eva Ortega (Banco de España)

    “Does a Currency need a Capital Market Union?”
    Joseba Martinez, Thomas Philippon, and Markus Sihvonen  (377 KB) (Bank of Finland)

    Discussant: Jordi Galí (CREI)

• • 16:25h - 16:40h
  • Coffee Break
• • 16:40h - 17:45h
  • Chair: Eva Ortega (Banco de España)

    “Interest Rates, Market Power, and Financial Stability”
    David Martínez-Miera and Rafael Repullo  (819 KB) (CEMFI)

    Discussant: Xavier Vives  (994 KB) (IESE Business School)

17 Septiembre

• • 08:30h - 09:00h
  • Coffee
• • 09:00h - 10:10h
  • Chair: Javier J. Pérez García (Banco de España)

    “Debt Sustainability and the Terms of Official Support”
    Giancarlo Corsetti  (1 MB) (University of Cambridge), Aitor Erce and
    Timothy Uy

    Discussant: Philippe Bacchetta (University of Lausanne)

• • 10:10h - 11:20h
  • "Macroprudential Policies with Financial Intermediaries and Extrapolative Expectations"

    Emmanuel Farhi and Iván Werning  (7 MB) (MIT)

    Discussant: James Costain (ECB)
    

• • 11:20h - 11:50h
  • Coffee Break
• • 11:50h - 13:00h
  • Chair: Ángel Estrada (Banco de España)

    “On the Design of a European Unemployment Insurance System”
    Arpad Abraham, João Brogueira de Sousa, Ramon Marimon  (1 MB) (European University Institute, UPF - Barcelona GSE, CEPR & NBER) and Lukas Mayr

    Discussant: Roel Beetsma  (152 KB) (University of Amsterdam)

• • 13:00h - 14:00h
  • Chair: Jeannette Neumann (Bloomberg)

    Vítor Constâncio  (391 KB) (University of Navarra)
    Ashoka Mody (Princeton University)
    Athanasios Orphanides  (1 MB) (MIT Sloan)

• • 14:00h - 15:30h
  • Lunch