The ECB and Its Watchers XIX

April 6, 2017
Hörsaalzentrum, Campus Westend
Goethe University Frankfurt (map)


Program

8:30 – 8:55

Registration and Coffee

8:55 – 9:00

Welcome
Günter W. Beck (CFS and IMFS)

9:00 – 9:30

President's Address (Speech)
Mario Draghi (President of the European Central Bank)

9:30 – 11:00

Debate 1: Assessment of the expanded asset purchase programme

Chair: Natacha Valla (European Investment Bank)

Speakers:

Peter Praet (Member of the Executive Board of the ECB) (Speech)
John B. Taylor (Stanford University) (Blog Economics One)
Jan Hatzius (Goldman Sachs)

Lead questions:

Frank Seitz (Stiftung Geld und Währung, OTH Amberg-Weiden)
Julian Callow (Element Capital)
Claudia Broyer (Allianz SE)
11:00 – 11:30 Coffee Break

11:30 – 13:00

Debate 2: Macroeconomic adjustment in the euro area: the role of monetary policy, fiscal policy and structural reforms

Chair:

Michalis Haliassos (Goethe University Frankfurt)

Speakers:

Vitor Gaspar (International Monetary Fund)
Christoph Schmidt (German Council of Economic Experts) (PDF)
Marco Buti (European Commission)

Lead questions:

Sylvain Broyer (Natixis)
Stefan B. Schneider (Deutsche Bank)

13:00 – 14:00

 Lunch

14:00 – 15:30

Debate 3: International challenges for monetary policy - a need for coordination?

Chair:

Hans-Helmut Kotz (CFS)

Speakers:

Philip R. Lane (Central Bank of Ireland)
Thomas Laubach (Board of Governors of the Federal Reserve System)
Hiroshi Nakaso (Bank of Japan) (Presentation, PDF)

Lead questions:

Frank Engels (Union Investment)
Gerhard Illing (LMU Munich)
15:30 – 16:30

Moderated Debate: Do monetary policy frameworks need to be adjusted in a world of (potentially) low natural real interest rates? If so, how?

Moderator: Sam Fleming (Financial Times)

Participants:

John C. Williams (Federal Reserve Bank of San Francisco)
Volker Wieland (IMFS and German Council of Economic Experts)

16:30 – 16:40

Closing Remarks
Günter W. Beck (CFS and IMFS)

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