The ECB and Its Watchers XI

Organization

Volker Wieland (Goethe University Frankfurt and CFS)

Program

September 4, 2009

08:15 a.m. - <br>08:45 a.m. <b>Registration and Coffee</b>
08:45 a.m. - <br>08:50 a.m. <b>Welcome</b><br><br><LINK www.volkerwieland.com/><i>Volker Wieland</i></LINK> (Center for Financial Studies)<br>
08:50 a.m. - <br>09:30 a.m. <b>President's Address: The ECB's Exit Strategy</b><br><br><LINK www.ecb.int/ecb/orga/decisions/html/cvtrichet.en.html><i>Jean-Claude Trichet</i></LINK> (European Central Bank)<br>
<b>Morning Session </b><br><i>Chair: Volker Wieland</i> (Center for Financial Studies)
09:30 a.m. - <br>11:00 a.m. <b>1st Debate: Monetary Policy in the Financial Crisis: How to deal with the threats of deflationary spiral or re-bounding inflation?</b><br><br><LINK www.ecb.int/ecb/orga/decisions/html/cvstark.en.html><i>Jürgen Stark</i></LINK> (European Central Bank)<br><LINK http://www.aei.org/scholar/129><i>Vincent Reinhart </i></LINK> (American Enterprise Institute)<br><i>Erik Nielsen</i> (Goldman Sachs)<br>
11:00 a.m. - <br>11:30 a.m. <b>Coffee Break</b>
11:30 a.m. - <br>01:00 p.m. <b>2nd Debate: Macro-prudential supervision: Does the ECB have the appropriate instruments? Is there a trade-off between monetary and financial stability?</b><br><br><LINK http://www.ecb.int/ecb/orga/decisions/html/cvpapademos.en.html><i>Lucas Papademos</i></LINK> (European Central Bank)<br><LINK http://www.princeton.edu/~markus/> <i>Markus Brunnermeier</i></LINK> (Princeton University)<br><LINK http://people.ucsc.edu/~mpd/><i>Michael Dooley</i></LINK> (University of California)<br>
01:00 p.m. - <br>02:15 p.m. <b>Lunch Break</b>
<b>Afternoon Session</b><br> <i>Chair: <LINK http://www.wiwi.uni-frankfurt.de/profs/binder/staff/bios/profbio/index.html>Michael Binder</LINK></i> (Center for Financial Studies)
02:15 p.m. - <br>03:45 p.m. <b>3rd Debate: Government bail-outs in the euro area: Much-needed rescue from fiscal collapse or deadly threat to long-run stability of EMU?</b><br><br><LINK http://www.ecb.int/ecb/orga/decisions/html/cvgonzalez-paramo.en.html> <i>José Manuel González-Páramo</i></LINK> (European Central Bank)<br><LINK http://www.econ.kuleuven.be/eng/fetew/medewerker/userpage.aspx?PID=55> <i>Paul De Grauwe</i></LINK> (Universiteit Leuven)<br> <LINK http://lehre.wiwi.hu-berlin.de/Professuren/vwl/wtm2> <i>Michael Burda </i></LINK>(Humboldt University Berlin)<br>
03:45 p.m. - <br>04:15 p.m. <b>Coffee Break</b>
04:15 p.m. - <br>05:00 p.m. <b>Some lessons from the financial market crisis</b><br><br><LINK http://www.ifk-cfs.de/index.php?id=120&L=0><i> Otmar Issing</i></LINK> (Center for Financial Studies)<br>
05:00 p.m. - <br>05:05 p.m. <b>Closing Remarks</b><br>

Presentations for Download

Summary of the Conference

Summary "The ECB and Its Watchers XI"