DAY 1 September 27, 2018
- A pseudo-panel approach in measuring the marginal propensity to consume out of income and housing wealth for Albanian households.
- Elona Dushku, Ola Çami; Bank of Albania
- Are capital controls effective at reestablishing monetary policy independence? Evidence from Colombia.
- Daniel Dias, Yi Huang, Hélène Rey, Miguel Sarmiento; Central Bank of Colombia.
- Foreign Direct Investment in Western Balkans: What is the Right Approach to The Puzzling Panel?
- Bojan Baškot; Central Bank of Bosnia and Herzegovina.
- Is foreign lending by local financial institutions affected by monetary policy changes in source countries?
- Paola Morales-Acevedo; Central Bank of Colombia.
- Measuring sensitivity of exports to Global Value Chains and to exchange rate in emerging and developing economies.
- Dorsaf El Bir; Central Bank of Tunisia.
- Spillovers from USA monetary policy shocks.
- Marcia Murillo, Marco Vega; Central Reserve Bank of Peru.
- The effects of external shocks on Azerbaijan economy.
- Nijat Guliyev; Central Bank of the Republic of Azerbaijan.
WORKSHOP PANEL 1: Drivers of bank profitability
- Determinants of bank profitability in emerging markets.
- Emanuel Kohlscheen, Andrés Murcia, Julieta Contreras; Central Bank of Colombia.
- The influence of monetary policy on net interest margins: evidence from Albania.
- Meri Papavangjeli, Adela Bode, Besa Vorpsi; Bank of Albania.
- Comments by: Cédric Tille, the Graduate Institute
WORKSHOP PANEL 2: Transmission channel
- Assessing the effect of US monetary policy normalization on Latin American economies.
- Fernando Pérez; Central Reserve Bank of Peru.
- Has the crisis changed the monetary transmission mechanism in Albania? An application of kernel density estimation technique.
- Altin Tanku, Kliti Ceca; Bank of Albania
- Comments by: Matthieu Bussière, Bank of France
WORKSHOP PANEL 3: Macroprudential tools
- Impulse responses to the “Normalization of Monetary Policy” on Mediterranean region: DSGE and FAVAR analysis.
- Hager Ben Romdhane; Central Bank of Tunisia
- Reserve requirements as a financial stability instrument.
- Carlos Cantu, Rocio Gondo, Berenice Martinez; Central Reserve Bank of Peru.
- Comments by: Eric Jondeau, University of Lausanne
Gian Maria Milesi-Ferretti, IMF
Day 2 September 28, 2018
Marcel Fratzscher, German Institute for Economic Research (DIW)
POLICY PANEL 1: How do rising rates in advanced economies impact emerging countries?
- Chair: Ugo Panizza, the Graduate Institute
- Gianluca Benigno, London School of Economics & Political Sciences
- Jorge Toro, Central Bank of Colombia
- Livio Stracca, European Central Bank
- Renzo Rossini, Central Reserve Bank of Peru
POLICY PANEL 2: What tools can emerging economies use in an environment of rising rates?
- Chair: Cédric Tille, BCC & the Graduate Institute
- Gian Maria Milesi-Ferretti, International Monetary Fund (IMF)
- Khagani Karimov, Central Bank of the Republic of Azerbaijan
- Matthieu Bussière, Bank of France
- Rym Kolsi, Central Bank of Tunisia
POLICY PANEL 3: How should monetary, fiscal and financial policies be coordinated?
- Chair: Alexandre Swoboda, the Graduate Institute
- Belma Čolaković, Central Bank of Bosnia and Herzegovina
- Dubravko Mihaljek, Bank for International Settlements (BIS)
- Hynek Hrebicek, Economist OGResearch
- Thomas Moser, Swiss National Bank