Overview
The purpose of the Forum is to promote the discussion of frontier research on empirical and theoretical issues in international finance, global banking, and open economy macroeconomics, with a focus on relevance for monetary policy and financial stability. This year’s Forum will focus on the challenges facing central banks, including paths of recovery from the COVID-19 pandemic, geopolitical tensions, elevated inflation, and addressing climate change risks.
watch the event
Day 1
Day 2
Audience
This event is by invitation only and open to members of the press.
Media
All remarks will be on-the-record, with a recording to be made available afterward. Media who wish to register should contact Mariah Measey at mariah.measey@ny.frb.org.
Event Details
Location
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045
CONTACT
For logistical inquiries, please contact ny.researchconference@ny.frb.org
Organizing committee
Ozge Akinci, Federal Reserve Bank of New York
Julian di Giovanni, Federal Reserve Bank of New York
Linda Goldberg, Federal Reserve Bank of New York
Juan M. Londono, Federal Reserve Board
Arnaud Mehl, European Central Bank
Friederike Niepmann, Federal Reserve Board
Georg Strasser, European Central Bank
Isabel Vansteenkiste, European Central Bank
Agenda
| Thursday, November 17, 2022 |
|
| 8:30am | Continental Breakfast |
| 8:50am | Welcoming Remarks Beverly Hirtle, Federal Reserve Bank of New York |
| SESSION 1: Exchange Rates Chair: Ozge Akinci, Federal Reserve Bank of New York |
|
| 9:10am | Sanctions and the Exchange Rate Oleg Itskhoki, University of California, Los Angeles Dmitry Mukhin, London School of Economics Discussant: Laura Castillo-Martinez, Duke University Presentation |
| 10:10am | Exchange Rate Disconnect Redux Ryan Chahrour, Cornell University Vito Cormun, Santa Clara University, Leavey School of Business Pierre De Leo, University of Maryland Pablo Guerron, Boston College Rosen Valchev, Boston College Discussant: Andreas Stathopoulos, UNC Kenan-Flagler Business School Presentation |
| 11:10am | Coffee Break |
| 11:30am | Monetary Policy during Unbalanced Global Recoveries Luca Fornaro, CREI, Universitat Pompeu Fabra, Barcelona School of Economics Federica Romei, University of Oxford Discussant: Veronica Guerrieri, University of Chicago, Booth School of Business Presentation |
| 12:30pm | Lunch |
| SESSION 2: Trade and the International Banking System Chair: Isabel Vansteenkiste, European Central Bank |
|
| 1:30pm | Capital Controls and Free-Trade Agreements Simon P. Lloyd, Bank of England Emile Marin, University of California, Davis Discussant: Laura Alfaro, Harvard Business School Presentation |
| 2:30pm | Trade Uncertainty and U.S. Bank Lending Ricardo Correa, Federal Reserve Board Linda Goldberg, Federal Reserve Bank of New York Julian di Giovanni, Federal Reserve Bank of New York Camelia Minoiu, Federal Reserve Bank of Atlanta Discussant: Ralf Meisenzahl, Federal Reserve Bank of Chicago Presentation |
| 3:30pm | Coffee Break |
| 3:50pm | FX Transaction and Translation Risk Patrick Adams, MIT Sloan School of Management Adrien Verdelhan, MIT Sloan School of Management Discussant: Peter Hoffmann, European Central Bank Presentation |
| 4:50pm | The Dominant Currency Financing Channel of External Adjustment Camila Casas, International Monetary Fund Sergii Meleshchuk, International Monetary Fund Yannick Timmer, Federal Reserve Board Discussant: Gian Maria Milesi-Ferretti, Brookings Institution Presentation |
| 5:50pm | Reception |
| 6:30pm | Dinner (By Invitation) |
| Friday, November 18 |
|
| 8:00am | Continental Breakfast |
| SESSION 3: Capital Flows and the International Role of the U.S. Dollar Chair: Friederike Niepmann, Federal Reserve Board |
|
| 8:30am | Flight to Climatic Safety: Local Natural Disasters and Global Portfolio
Reallocation Fabrizio Ferriani, Bank of Italy Andrea Gazzani, Bank of Italy Filippo Natoli, Bank of Italy Discussant: Francis Warnock, Federal Reserve Board, UVA Darden School of Business Presentation |
| 9:30am | Dash for Dollars Ambrogio Cesa-Bianchi, Bank of England Robert Czech, Bank of England Fernando Eguren-Martin, SPX Capital Discussant: Iñaki Aldasoro., Bank for International Settlements Presentation |
| 10:30am | Coffee Break |
| 10:50am | Global Risk and the Dollar Georgios Georgiadis, European Central Bank Gernot J. Müller, University of Tübingen Ben Schumann, DIW Berlin Discussant: Valentina Bruno, American University, Kogod School of Business Presentation |
| 11:50am | Panel: Drivers and Prospects for Inflation Elaine Buckberg, General Motors Matteo Ciccarelli, European Central Bank Mark Gertler, New York University Ṣebnem Kalemli-Özcan, University of Maryland Steven B. Kamin, American Enterprise Institute Moderator: Linda Goldberg, Federal Reserve Bank of New York |
| 1:15pm | Adjourn |
Speakers
PhD student in Finance
MIT Sloan School of Management
Research Economist
Federal Reserve Bank of New York
Senior Economist
Bank for International Settlements
Warren Alpert Professor of Business Administration
Harvard Business School
Professor of Finance and Kogod Research Professor
American University
Chief Economist
General Motors
Assistant Professor
Duke University
Senior Economist
Bank of England
Head of Division
European Central Bank
Financial Research Advisor
Federal Reserve Bank of New York
Senior Economist
Bank of Italy
Principal Economist
European Central Bank
Henry & Lucy Moses Professor; Professor of Economics
New York University
Financial Research Advisor
Federal Reserve Bank of New York
Professor
University of Chicago, Booth School of Business
Economist
European Central Bank
Professor of Economics
University of California, Los Angeles
Neil Moskowitz Professor of Economics
University of Maryland
Senior Fellow
American Enterprise Institute
Senior Research Economist
Bank of England
Senior Economic Project Manager
Federal Reserve Board
Adviser
European Central Bank
Senior Economist & Economic Advisor
Federal Reserve Bank of Chicago
Senior Fellow
Brookings Institution
Chief
Federal Reserve Board
Associate Professor in Economics
University of Oxford
Assistant Professor of Finance
Federal Reserve Board
Principal Economist
European Central Bank
Senior Economist
Federal Reserve
Assistant Professor
Boston College
Director General
European Central Bank
Research Advisor
UVA Darden, Federal Reserve Board
