The ECB and Its Watchers XI

Registration and Coffee

Welcome 

Volker Wieland, Center for Financial Studies

President’s Address

Jean-Claude Trichet, President, European Central Bank

Debate 1: Deflationary Versus Inflationary Risks: When and How to Exit Quantitative Easing and Credit Support?

Chair:
Volker Wieland, Center for Financial Studies

Speakers:
Jürgen Stark, European Central Bank
Vincent Reinhart, American Enterprise Institute
Eric Nielsen, Goldman Sachs

Coffee Break

Debate 2: Macro-Prudential Supervision: Does the ECB Have the Appropriate Instruments? Is There a Trade-off Between Monetary and Financial Stability?

Chair:
Volker Wieland, Center for Financial Studies

Speakers:
Lucas Papademos, European Central Bank
Markus Brunnermeier, Princeton University
Michael Dooley, University of California

Lunch

Debate 3: Government Bail-Outs in the Euro Area: Much-Needed Rescue From Fiscal Collapse or Deadly Threat to Long-Run Stability of EMU?

Chair:
Michael Binder, Center for Financial Studies

Speakers:
José Manuel González-Páramo, European Central Bank
Paul De Grauwe, Universiteit Leuven
Michael Burda, Humboldt University Berlin

Coffee Break

Some Lessons From the Financial Market Crisis

Otmar Issing, Center for Financial Studies

Closing Remarks