The ECB and Its Watchers XIX

March 14, 2018
Hörsaalzentrum, Campus Westend
Goethe University Frankfurt (map)


8:30 – 8:55

Registration and Coffee

8:55 – 9:00

Volker Wieland (Institute for Monetary and Financial Stability) (speech)

9:00 – 9:40

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

9:45 – 11:15

Debate 1: Assessment of Quantitative Easing and Challenges of Policy Normalization

Chair: Volker Wieland (Institute for Monetary and Financial Stability)


Peter Praet (Member of the Executive Board of the ECB) (speech)
Elga Bartsch (Morgan Stanley) (presentation)
Daniel Gros (Centre for European Policy Studies) (presentation)

Lead questions:

Ulrich Kater (Deka)
Claudia Broyer (Allianz SE)
Casper de Vries (Erasmus University Rotterdam)

11:15 – 11:45 Coffee Break

11:45 – 13:15

Debate 2: The Pursuit of Financial Stability and Tasks for Monetary, Regulatory, and Macro-Prudential Policies

Chair: Luisa Lambertini (Ecole Polytechnique Federale de Lausanne)


Vítor Constâncio (European Central Bank) (speech)
Elena Carletti (Bocconi University) (presentation)
Poul Thomsen (International Monetary Fund) (speech)

Lead questions:

Frank Engels (Union Investment)
Natacha Valla (European Investment Bank)
Hermann Remsperger (Institute for Monetary and Financial Stability) (PDF)

13:15 – 14:30


14:30 – 16:00

Debate 3: The Sustainability of European Monetary Union and Institutional Reform

Chair: Michael Binder (Goethe University)


Francois Villeroy de Galhau (Banque de France) (presentation)
Varadarajan V. Chari (University of Minnesota) (presentation)
Lars Feld (German Council of Economic Experts) (presentation)

Lead questions:

Ester Faia (Goethe University)
Dirk Schumacher (Natixis)
David Marsh (OMFIF)

16:00 – 16:10

Closing Remarks