CentralBank_Progr3.qxd 19.09.2006 11:46 Uhr Seite 1
general information
Friday, 10 November 2006, continued Conference dates 9-10 November 2006 Conference location Marriott Frankfurt Hotel 12.45 p.m. Lunch Hamburger Allee 2 2.45 p.m. Session V: 60486 Frankfurt am Main Panel: money and monetary policy – a policymaker’s view Germany Tel.:+49 69 7955 2222 Introduction: Fax: +49 69 7955 2432 Lucrezia Reichlin Director General Research, European Central Bank Dinner venue Palais im Zoo Alfred-Brehm-Platz 16 Fourth ECB Central Banking Conference Panellists: 60316 Frankfurt am Main Ben Bernanke Germany Chairman, Board of Governors of the Federal Reserve System Tel.:+49 69 943 5080 Kazumasa Iwata Fax: +49 69 943 50 822 Deputy Governor, Bank of Japan A shuttle service will be provided to and from the The role of money: Jean-Claude Trichet dinner venue. money and monetary policy in President, European Central Bank Dress code: dark suit the twenty-first century Zhou Xiaochuan Conference language English Governor, People’s Bank of China A general discussion of approximately 30 minutes will follow Hotel accommodation Accommodation is available at a special rate at the Marriott Frankfurt Hotel. Participants are asked to Thursday, 9 and Friday, 10 November 2006 4.30 p.m. Closing address: confirm their own room reservations using the Room Jean-Claude Trichet Reservation form sent with the invitation. President, European Central Bank Transport Participants are asked to organise their own transport 4.45 p.m. End of conference from and to the airport, unless indicated otherwise.
Programme The conference programme is subject to change without notice.
Useful numbers ECB Press and Information Division Tel.:+49 69 1344 7457 Fax: +49 69 1344 7404 programme Fourth ECB Central Banking Conference Organisation Office c/o Maleki Group Wiesenau 1 60323 Frankfurt am Main Germany Tel.:+49 69 9717 6220 Fax: +49 69 9717 6455 E-mail: [email protected]
Internet www.ecb.int CentralBank_Progr3.qxd 19.09.2006 11:46 Uhr Seite 4
programme
Thursday, 9 November 2006 Thursday, 9 November 2006, continued Friday, 10 November 2006, continued
2.30 p.m. Opening address: Money and monetary policy: ECB 1999-2006 Discussants: Jürgen Stark Authors: Michael Bordo Member of the Executive Board, European Central Bank Björn Fischer, Michele Lenza, Huw Pill, Lucrezia Reichlin Professor, Rutgers University 2.45 p.m. Session I: European Central Bank Christian de Boissieu How important is the role of money in the monetary Discussants: Professor, Université de Paris-I transmission mechanism? Philipp M. Hildebrand A general discussion of approximately 30 minutes will follow Chair: Member of the Governing Board, Swiss National Bank Gertrude Tumpel-Gugerell 10.30 a.m. Honorary address: Jordí Galí Member of the Executive Board, European Central Bank The ECB’s monetary policy strategy: why did we choose a Professor, Universitat Pompeu Fabra and Massachusetts Institute of two-pillar approach? Monetary policy and stock market boom-bust cycle Technology Speaker: Authors: A general discussion of approximately 30 minutes will follow Otmar Issing Lawrence Cristiano Former Member of the Executive Board, European Central Bank Professor, Northwestern University 7.00 p.m. Shuttle service to the dinner venue from the main entrance of the Marriott 10.45 a.m. Coffee break Roberto Motto & Massimo Rostagno European Central Bank 7.30 p.m. Reception and dinner 11.15 a.m. Session IV: Palais im Zoo Panel: money and monetary policy – an academic view Is money important for monetary policy? Introduction: Author: Keynote speech: Volker Wieland Michael Woodford Lucas Papademos Professor, Goethe University of Frankfurt and Center for Financial Professor, Columbia University Vice-President, European Central Bank Studies Discussants: Panellists: Christian Noyer Friday, 10 November 2006 Ricardo Caballero Governor, Banque de France Professor, Massachusetts Institute of Technology Harald Uhlig 9.00 a.m. Session III: Jean-Pierre Danthine Professor, Humboldt University What are the benefits of responding to monetary Professor, HEC, Université de Lausanne developments? A general discussion of approximately 30 minutes will follow Chair: Mark Gertler 4.45 p.m. Coffee break Lorenzo Bini Smaghi Professor, New York University 5.00 – 6.30 p.m. Session II: Member of the Executive Board, European Central Bank Hyun Song Shin How useful are monetary and credit aggregates in the A history of monetary targets 1815-2006 Professor, Princeton University conduct of monetary policy? Author: A general discussion of approximately 30 minutes will follow Chair: Marc Flandreau José Manuel González-Páramo Professor, Institut d’Etudes Politiques de Paris Member of the Executive Board, European Central Bank CentralBank_Progr3.qxd 19.09.2006 11:46 Uhr Seite 4
programme
Thursday, 9 November 2006 Thursday, 9 November 2006, continued Friday, 10 November 2006, continued
2.30 p.m. Opening address: Money and monetary policy: ECB 1999-2006 Discussants: Jürgen Stark Authors: Michael Bordo Member of the Executive Board, European Central Bank Björn Fischer, Michele Lenza, Huw Pill, Lucrezia Reichlin Professor, Rutgers University 2.45 p.m. Session I: European Central Bank Christian de Boissieu How important is the role of money in the monetary Discussants: Professor, Université de Paris-I transmission mechanism? Philipp M. Hildebrand A general discussion of approximately 30 minutes will follow Chair: Member of the Governing Board, Swiss National Bank Gertrude Tumpel-Gugerell 10.30 a.m. Honorary address: Jordí Galí Member of the Executive Board, European Central Bank The ECB’s monetary policy strategy: why did we choose a Professor, Universitat Pompeu Fabra and Massachusetts Institute of two-pillar approach? Monetary policy and stock market boom-bust cycle Technology Speaker: Authors: A general discussion of approximately 30 minutes will follow Otmar Issing Lawrence Cristiano Former Member of the Executive Board, European Central Bank Professor, Northwestern University 7.00 p.m. Shuttle service to the dinner venue from the main entrance of the Marriott 10.45 a.m. Coffee break Roberto Motto & Massimo Rostagno European Central Bank 7.30 p.m. Reception and dinner 11.15 a.m. Session IV: Palais im Zoo Panel: money and monetary policy – an academic view Is money important for monetary policy? Introduction: Author: Keynote speech: Volker Wieland Michael Woodford Lucas Papademos Professor, Goethe University of Frankfurt and Center for Financial Professor, Columbia University Vice-President, European Central Bank Studies Discussants: Panellists: Christian Noyer Friday, 10 November 2006 Ricardo Caballero Governor, Banque de France Professor, Massachusetts Institute of Technology Harald Uhlig 9.00 a.m. Session III: Jean-Pierre Danthine Professor, Humboldt University What are the benefits of responding to monetary Professor, HEC, Université de Lausanne developments? A general discussion of approximately 30 minutes will follow Chair: Mark Gertler 4.45 p.m. Coffee break Lorenzo Bini Smaghi Professor, New York University 5.00 – 6.30 p.m. Session II: Member of the Executive Board, European Central Bank Hyun Song Shin How useful are monetary and credit aggregates in the A history of monetary targets 1815-2006 Professor, Princeton University conduct of monetary policy? Author: A general discussion of approximately 30 minutes will follow Chair: Marc Flandreau José Manuel González-Páramo Professor, Institut d’Etudes Politiques de Paris Member of the Executive Board, European Central Bank CentralBank_Progr3.qxd 19.09.2006 11:46 Uhr Seite 4
programme
Thursday, 9 November 2006 Thursday, 9 November 2006, continued Friday, 10 November 2006, continued
2.30 p.m. Opening address: Money and monetary policy: ECB 1999-2006 Discussants: Jürgen Stark Authors: Michael Bordo Member of the Executive Board, European Central Bank Björn Fischer, Michele Lenza, Huw Pill, Lucrezia Reichlin Professor, Rutgers University 2.45 p.m. Session I: European Central Bank Christian de Boissieu How important is the role of money in the monetary Discussants: Professor, Université de Paris-I transmission mechanism? Philipp M. Hildebrand A general discussion of approximately 30 minutes will follow Chair: Member of the Governing Board, Swiss National Bank Gertrude Tumpel-Gugerell 10.30 a.m. Honorary address: Jordí Galí Member of the Executive Board, European Central Bank The ECB’s monetary policy strategy: why did we choose a Professor, Universitat Pompeu Fabra and Massachusetts Institute of two-pillar approach? Monetary policy and stock market boom-bust cycle Technology Speaker: Authors: A general discussion of approximately 30 minutes will follow Otmar Issing Lawrence Cristiano Former Member of the Executive Board, European Central Bank Professor, Northwestern University 7.00 p.m. Shuttle service to the dinner venue from the main entrance of the Marriott 10.45 a.m. Coffee break Roberto Motto & Massimo Rostagno European Central Bank 7.30 p.m. Reception and dinner 11.15 a.m. Session IV: Palais im Zoo Panel: money and monetary policy – an academic view Is money important for monetary policy? Introduction: Author: Keynote speech: Volker Wieland Michael Woodford Lucas Papademos Professor, Goethe University of Frankfurt and Center for Financial Professor, Columbia University Vice-President, European Central Bank Studies Discussants: Panellists: Christian Noyer Friday, 10 November 2006 Ricardo Caballero Governor, Banque de France Professor, Massachusetts Institute of Technology Harald Uhlig 9.00 a.m. Session III: Jean-Pierre Danthine Professor, Humboldt University What are the benefits of responding to monetary Professor, HEC, Université de Lausanne developments? A general discussion of approximately 30 minutes will follow Chair: Mark Gertler 4.45 p.m. Coffee break Lorenzo Bini Smaghi Professor, New York University 5.00 – 6.30 p.m. Session II: Member of the Executive Board, European Central Bank Hyun Song Shin How useful are monetary and credit aggregates in the A history of monetary targets 1815-2006 Professor, Princeton University conduct of monetary policy? Author: A general discussion of approximately 30 minutes will follow Chair: Marc Flandreau José Manuel González-Páramo Professor, Institut d’Etudes Politiques de Paris Member of the Executive Board, European Central Bank CentralBank_Progr3.qxd 19.09.2006 11:46 Uhr Seite 1
general information
Friday, 10 November 2006, continued Conference dates 9-10 November 2006 Conference location Marriott Frankfurt Hotel 12.45 p.m. Lunch Hamburger Allee 2 2.45 p.m. Session V: 60486 Frankfurt am Main Panel: money and monetary policy – a policymaker’s view Germany Tel.:+49 69 7955 2222 Introduction: Fax: +49 69 7955 2432 Lucrezia Reichlin Director General Research, European Central Bank Dinner venue Palais im Zoo Alfred-Brehm-Platz 16 Fourth ECB Central Banking Conference Panellists: 60316 Frankfurt am Main Ben Bernanke Germany Chairman, Board of Governors of the Federal Reserve System Tel.:+49 69 943 5080 Kazumasa Iwata Fax: +49 69 943 50 822 Deputy Governor, Bank of Japan A shuttle service will be provided to and from the The role of money: Jean-Claude Trichet dinner venue. money and monetary policy in President, European Central Bank Dress code: dark suit the twenty-first century Zhou Xiaochuan Conference language English Governor, People’s Bank of China A general discussion of approximately 30 minutes will follow Hotel accommodation Accommodation is available at a special rate at the Marriott Frankfurt Hotel. Participants are asked to Thursday, 9 and Friday, 10 November 2006 4.30 p.m. Closing address: confirm their own room reservations using the Room Jean-Claude Trichet Reservation form sent with the invitation. President, European Central Bank Transport Participants are asked to organise their own transport 4.45 p.m. End of conference from and to the airport, unless indicated otherwise.
Programme The conference programme is subject to change without notice.
Useful numbers ECB Press and Information Division Tel.:+49 69 1344 7457 Fax: +49 69 1344 7404 programme Fourth ECB Central Banking Conference Organisation Office c/o Maleki Group Wiesenau 1 60323 Frankfurt am Main Germany Tel.:+49 69 9717 6220 Fax: +49 69 9717 6455 E-mail: [email protected]
Internet www.ecb.int CentralBank_Progr3.qxd 19.09.2006 11:46 Uhr Seite 1
general information
Friday, 10 November 2006, continued Conference dates 9-10 November 2006 Conference location Marriott Frankfurt Hotel 12.45 p.m. Lunch Hamburger Allee 2 2.45 p.m. Session V: 60486 Frankfurt am Main Panel: money and monetary policy – a policymaker’s view Germany Tel.:+49 69 7955 2222 Introduction: Fax: +49 69 7955 2432 Lucrezia Reichlin Director General Research, European Central Bank Dinner venue Palais im Zoo Alfred-Brehm-Platz 16 Fourth ECB Central Banking Conference Panellists: 60316 Frankfurt am Main Ben Bernanke Germany Chairman, Board of Governors of the Federal Reserve System Tel.:+49 69 943 5080 Kazumasa Iwata Fax: +49 69 943 50 822 Deputy Governor, Bank of Japan A shuttle service will be provided to and from the The role of money: Jean-Claude Trichet dinner venue. money and monetary policy in President, European Central Bank Dress code: dark suit the twenty-first century Zhou Xiaochuan Conference language English Governor, People’s Bank of China A general discussion of approximately 30 minutes will follow Hotel accommodation Accommodation is available at a special rate at the Marriott Frankfurt Hotel. Participants are asked to Thursday, 9 and Friday, 10 November 2006 4.30 p.m. Closing address: confirm their own room reservations using the Room Jean-Claude Trichet Reservation form sent with the invitation. President, European Central Bank Transport Participants are asked to organise their own transport 4.45 p.m. End of conference from and to the airport, unless indicated otherwise.
Programme The conference programme is subject to change without notice.
Useful numbers ECB Press and Information Division Tel.:+49 69 1344 7457 Fax: +49 69 1344 7404 programme Fourth ECB Central Banking Conference Organisation Office c/o Maleki Group Wiesenau 1 60323 Frankfurt am Main Germany Tel.:+49 69 9717 6220 Fax: +49 69 9717 6455 E-mail: [email protected]
Internet www.ecb.int