ECB

Programme overview

ECB Forum on Central Banking

Inflation and Unemployment in Europe

 

 

Thursday, 21 May 2015


6.30 p.m.

 

 

 

 

 

 

 

 

 

Opening reception and dinner

Welcome address

Mario Draghi, President, European Central Bank

Dinner hosted by the Executive Board of the European Central Bank

Dinner speech - Past, Present, and Future Challenges for the Euro Area

Stanley Fischer, Vice Chair, Board of Governors of the Federal Reserve System

Speech

Video

 

 

Friday, 22 May 2015


9 a.m.

 

Introductory speech

Mario Draghi, President, European Central Bank

Speech

Presentation

Video

9.30 a.m.

 

Session 1: Current perspectives on inflation and unemployment in the euro area and advanced economies

 

Chair: Peter Praet, Member of the Executive Board, European Central Bank

Inflation and activity - two explorations, and their monetary policy Implications

Olivier Blanchard, Economic Counsellor and Director of the Research Department, International Monetary Fund (with Eugenio Cerutti, Senior Economist, International Monetary Fund and Lawrence H. Summers, Professor, Harvard University)

Paper

Presentation

Discussant: Laurence Ball, Professor, Johns Hopkins University

Presentation

Video

Hysteresis and the European unemployment problem revisited

Jordi Galí, Professor, Pompeu Fabra University, CREI

Paper

Presentation

Discussant: Robert J. Gordon, Professor, Northwestern University

Presentation

Video

11.30 a.m.

Coffee break

12 a.m.

 

 

 

 

 

 

Panel: Current perspectives on inflation and unemployment in the euro area and advanced economies

Willem Buiter, Chief Economist, Citi

Mark Carney, Governor, Bank of England

Dennis Snower, President, Kiel Institute for the World Economy

Presentation

Lawrence H. Summers, Professor, Harvard University

Video

1.30 p.m

Lunch

7.30 p.m.

Reception and dinner

 

 

Saturday, 23 May 2015


9 a.m.

 

 

 

Session 2: Structural perspectives on European employment, productivity and growth in a global context

Chair: Vítor Constâncio, Vice-President, European Central Bank

 

 

 

 

 

 

 

 

 

 

 

11 a.m.

Unemployment in Europe: what does it take to bring it down?

Tito Boeri, Professor, Bocconi University (with Juan-Francisco Jimeno, Head of Research Division, Banco de España)

Paper

Presentation

Discussant: Gilles Saint-Paul, Professor, Paris School of Economics

Presentation

Video

Innovation and growth

Sir Christopher Pissarides, Professor, London School of Economics

Paper

Presentation

Discussant: John Fernald, Senior Research Advisor, Federal Reserve Bank of San Francisco

Presentation

Video

Coffee break

 

11.30 a.m.

 

 

 

 

 

Panel: Structural perspectives on European employment, productivity and growth in a global context

Patrick Honohan, Governor, Central Bank of Ireland

Catherine Mann, Chief Economist, Organisation for Economic Co-operation and Development

Presentation

Jean Pisani-Ferry, Commissioner General, France Stratégie

Christoph M. Schmidt, Chairman, German Council of Economic Experts

Video

 

1 p.m.

Lunch

2.30 p.m.

 

 

 

 

Policy panel

Mario Draghi, President, European Central Bank

Stanley Fischer, Vice Chair, Board of Governors of the Federal Reserve System

Haruhiko Kuroda, Governor, Bank of Japan

Presentation

Video

 

 

Moderator: Zanny Minton Beddoes, Editor-in-Chief, The Economist

4 p.m.

Award ceremony – young economists’ posters

 

Closing remarks
Family photo

7 p.m.

Dinner hosted by the Banco de Portugal

 

 


Young economists’ poster session - posters by young economists about their research work will be on display until 1.30 p.m. on Saturday, 23 May 2015*

 

*Participants are invited to talk to the students individually about their research and to rate their posters using the electronic facility provided. Participants’ ratings will serve as input for the selection of the best paper, which will be awarded a prize at the end of the Forum.

 

Please note that this programme may be subject to change without notice.

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