ECB/CEPR WE_ARE_IN
Macroeconomics and finance conference
Thursday, 4 and Friday, 5 November 2021
Online event
We bring together female experts to present and discuss new research on macroeconomics and finance of particular interest to central banks.
Special focus on:
- monetary policy
- financial stability
- international finance
WE_ARE_IN stands for Women in Economics: Advancing Research in Economics Internationally.
It brings together two initiatives the european WE_ARE and the american WiM.
WiM is an annual conference that features the work of Women in Macro and creates opportunities to strengthen their research and build their network.
Programme
Times are Central European Time (UTC+1)
* indicates the presenter
- 13:55
Welcome
Hélène Rey, London Business School and CEPR
- 14:00
Opening remarks
Christine Lagarde, President, European Central Bank
- 14:15
Session 1: Macroeconomics
Chair: Silvana Tenreyro, London School of Economics and CEPR
Measuring TFP: The Role of Profits, Adjustment Costs, and Capacity Utilization
- Diego Comin, Dartmouth and CEPR
- Javier Quintana, Banco de España
- Tom Schmitz, Bocconi University and CEPR
- Antonella Trigari*, Bocconi University and CEPR
Discussant: Ozge Akinci, Federal Reserve Bank of New York and CEPR
Falling Interest Rates and Misallocation: Lessons from General Equilibrium
- Vladimir Asriyan, CREI, Universitat Pompeu Fabra, Barcelona School of Economics and CEPR
- Luc Laeven, European Central Bank
- Alberto Martin, CREI, Universitat Pompeu Fabra, Barcelona School of Economics and CEPR
- Alejandro Van der Ghote, European Central Bank
- Victoria Vanasco*, CREI, UPF, Barcelona GSE and CEPR
Discussant: Isabel Correia, Católica Lisbon School of Business and Economics and CEPR
- 16:15
- Break
- 16:45
-
Session 2: International finance
Chair: Isabel Vansteenkiste, European Central Bank
-
Capital Flows in Risky Times: Risk-On/Risk-Off and Emerging Market Tail Risk
- Anusha Chari*, University of North Carolina at Chapel Hill and CEPR
- Karlye Dilts Stedman, Federal Reserve Bank of Kansas City
- Christian Lundblad, University of North Carolina at Chapel Hill
Discussant: Kathy Yuan, London School of Economics and CEPR
-
A Fundamental Connection: Exchange Rates and Macroeconomic Expectations
- Vania Stavrakeva*, London Business School and CEPR
- Jenny Tang, Federal Reserve Bank of Boston
Discussant: Liliana Varela, London School of Economics and CEPR
- 18:45
- Break
- 19:15
-
Policy panel - Rebuilding after COVID: Central banking in support of society and a new social contract
Moderator: Stephanie Flanders, Bloomberg
Panellists:
- Carmen Reinhart, World Bank, Harvard Kennedy School and CEPR
- Isabel Schnabel, European Central Bank and CEPR
- Minouche Shafik, London School of Economics and CEPR
- 20:30
-
End of first day
- 14:10
-
Welcome
Luc Laeven, European Central Bank
- 14:15
Session 3: Monetary policy transmission and redistribution
Chair: Anna Kovner, Federal Reserve Bank of New York
-
Monetary Policy and Racial Inequality
- Alina Bartscher*, Danmarks Nationalbank
- Moritz Kuhn, University of Bonn and CEPR
- Moritz Schularick, Federal Reserve Bank of New York, University of Bonn and CEPR
- Paul Wachtel, New York University Stern School of Business
Discussant: Anna Rogantini Picco, Sveriges Riksbank
-
Risk-Taking and Monetary Policy Transmission: Evidence from Loans to SMEs and Large Firms
- Cecilia Caglio, Board of Governors of the Federal Reserve System
- R. Matthew Darst, Board of Governors of the Federal Reserve System
- Şebnem Kalemli-Özcan*, University of Maryland and CEPR
Discussant: Mariassunta Giannetti, Stockholm School of Economics and CEPR
-
Monetary Policy, Labor Income Redistribution and the Credit Channel: Evidence from Matched Employer-Employee and Credit Registers
- Martina Jasova*, Barnard College, Columbia University
- Caterina Mendicino, European Central Bank
- Ettore Panetti, Banco de Portugal, UECE-REM and SUERF
- José-Luis Peydró, Imperial College London, Universitat Pompeu Fabra, CREI, Barcelona School of Economics and CEPR
- Dominik Supera, Wharton School, University of Pennsylvania
Discussant: Claudia Ruiz Ortega, World Bank
- 17:15
- Break
- 17:45
-
Session 4: Central banking
Chair: Caterina Mendicino, European Central Bank
-
Words Speak as Loudly as Actions: Central Bank Communication and the Response of Equity Prices to Macroeconomic Announcements
- Ben Gardner, Board of Governors of the Federal Reserve System
- Chiara Scotti*, Board of Governors of the Federal Reserve System
- Clara Vega, Board of Governors of the Federal Reserve System
Discussant: Silvia Miranda-Agrippino, Bank of England and CEPR
-
How unconventional is green monetary policy?
- Melina Papoutsi, European Central Bank
- Monika Piazzesi*, Stanford University and CEPR
- Martin Schneider, Stanford University
Discussant: Hélène Rey, London Business School and CEPR
- 19:45
- End of conference
Please note that this programme may be subject to change without notice.
Audiovisual notice: Images and video recordings may be published online.
Conference organisers
- Caterina Mendicino, European Central Bank
- Hélène Rey, London Business School and CEPR
WE_ARE_IN Committee
- Marina Azzimonti, Stony Brook University and CEPR
- Alessandra Fogli, Federal Reserve Bank of Minneapolis and CEPR
- Veronica Guerrieri, Chicago Booth School of Business and CEPR
- Caterina Mendicino, European Central Bank
- Hélène Rey, London Business School and CEPR