12th Annual BCC Conference 2024 – Monetary Policy in a Changed Environment

DAY 1 - October 3, 2024


POSTER session

- An implementation of mixed-frequency approaches and forecast-combination techniques for nowcasting Mongolia’s GDP growth. Enkhbayar Jambaldorj & Erkhembayar Batbaatar. Bank of Mongolia  - Are Albanian households financially fragile? Elona Dushku. Bank of Albania - Interest rate pass-through under a currency-board regime: Evidence from Bosnia & Herzegovina. Emina Milišić & Emina Žunić-Dželihodžić. Central Bank of Bosnia and Herzegovina - Natural rate of interest, monetary policy & shocks. Ramzi Salem & Rached Bouaziz. Central Bank of Tunisia  - The estimation of non-accelerating inflation rate of unemployment in Uzbekistan. Jamshid Mamasalaev, Nuriddin Avazov & Azizjon Toshnazarov. Central Bank of the Republic of Uzbekistan - Uncertainty and nonlinear macroeconomic effects of monetary policy in Tunisia: a SEIVAR-based analysis1 Zied Jaidi. Central Bank of Tunisia

WORKSHOP 1: Macroeconomic and financial modelling

- Exploring the presence of non-linearities in the Peruvian economy: Monetary policy implications. Fernando Pérez. Central Reserve Bank of Peru  - The predictive power of the yield curve: Evidence from Tunisia. Chokri Khalfaoui. Central Bank of Tunisia - The role of financial literacy in anchoring inflation expectations: The case of Ukraine. Andriy Tsapin & Oleksandr Faryna. National Bank of Ukraine Comments by: Marko Mlikota, the Geneva Graduate Institute

WORKSHOP 2: Economic impact of climate change

- Climate-transition risks and bank lending: Evidence from Colombia. Camilo Bohórquez, Joëlle Noailly & Naël Shehadeh. Banco de la República of Colombia - Implications of extreme weather events for macroeconomic and financial imbalances in CESEE countries. Meri Papavangjeli. Bank of Albania - The economic footprint of natural disasters: Demand-side or supply-side forces? Jorge Pozo & Youel Rojas. Central Reserve Bank of Peru Comments by: Cédric Tille, BCC

DAY 2 - October 4, 2024


Setting the stage: An overview of recent research

KEYNOTE PRESENTATION: William ENGLISH, Yale School of Management POLICY PRESENTATION: The Future of Inflation, Boris VUJCIC, Governor - Croatian National Bank

POLICY PANEL 1: Have the nature and magnitude of economic cycles changed?

Chair: Nathan Sussman, Geneva Graduate Institute - Belma Čolaković, Central Bank of Bosnia and Herzegovina - Boris Hofmann, Bank of International Settlements (BIS) - Byadran Lkhagvasuren, Governor of the Bank of Mongolia - Francesca Caselli, International Monetary Fund (IMF) - Mohamed Salim Mouha, Central Bank of Tunisia - Ramiz Rahmanov, Central Bank of the Republic of Azerbaijan

 

POLICY PANEL 2: Do the analytical tools of central banks need to be adjusted, and how?

Chair: Paul Mathieu, International Monetary Fund (retiree) - Diego Comin, Dartmouth College - Olga Lucía Acosta, Banco de la República of Colombia - Silvia Albrizio, International Monetary Fund (IMF)

POLICY PANEL 3: Are adjustments needed for the policy process?

Chair: Robert Sheehy, International Monetary Fund (retiree) - Christian Hepenstrick, Swiss National Bank (SNB) - Luis Felipe Céspedes, University of Chile - Paul Castillo, Central Reserve Bank of Peru - Rustem Makhammadiev, Central Bank of the Republic of Uzbekistan - Volodymyr Lepushynskyi, National Bank of Ukraine