The ECB and Its Watchers XXI

September 30, 2020

Casino Festsaal
Campus Westend
Goethe University Frankfurt


Program

08:15 – 09:15

Registration

09:15 – 09:30

Welcome

Volker Wieland (Institute for Monetary and Financial Stability)
Birgitta Wolff (Goethe University Frankfurt)

09:30 – 10:15

President's Address

Christine Lagarde (President of the European Central Bank) (Speech)

10:15 – 11:45

Debate 1: The ECB's Mandate: Does It Need to Be Modified to Be Fit for the Future?

Chair: Jens Weidmann (Deutsche Bundesbank) (Remarks)

Speakers:

Christian Noyer (Banque de France) (Slides)
Jordi Galí (CREI and Universitat Pompeu Fabra) (Slides)
Helmut Siekmann (Institute for Monetary and Financial Stability) (Speech) (Slides)

Lead questions:

Thomas Möllers (University of Augsburg)
Elga Bartsch (BlackRock)
Jörg Zeuner (Union Investment)
11:45 – 12:00 Break

12:00 – 13:30

Debate 2: The ECB's Instruments for Crises and Normal Times

Chair: Pablo Hernández de Cos (Banco de España)

Speakers:

Lucrezia Reichlin (London Business School) (Slides)
Athanasios Orphanides (MIT Sloan School of Management) (Slides)
Claudio Borio (Bank for International Settlements) (Speech)

Lead questions:

Katharina Utermöhl (Allianz)
Ulrich Kater (DekaBank)
Jari Stehn (Goldman Sachs)

13:30 – 14:30

 Lunch

14:30 – 16:00

Debate 3: The ECB's Monetary Policy Strategy: Lessons From the Financial Crisis, Debt Crisis and Double Recession

Chair: François Villeroy de Galhau (Banque de France)

Speakers:

Otmar Issing (Center for Financial Studies)
Petra Geraats (University of Cambridge) (Slides)
John B. Taylor (Hoover Institution, Stanford University) (Slides)

Lead questions:

Dirk Schumacher (Natixis)
Julian Callow (Element Capital)
Sylvain Broyer (S&P Global Ratings)

16:00 – 16:30

Conference Wrap-Up

Philip Lane (European Central Bank)