Economics serving society

(September 23-24) Annual Conference Chair Banque de France at Paris School of Economics

PSE is glad to organize ans host the Annual Conference of the Chair Banque de France. The event will take place on the Jourdan campus on September 23-24, 2019, and it will feature 3 major keynote lectures by Barry Eichengreen (UC Berkeley), Pierre-Olivier Gourinchas (UC Berkeley) and Guido Lorenzoni (Northwestern University).

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Annual Conference Chair Banque de France at the Paris School of Economics

September 23-24, 2019
Campus Jourdan, 48 boulevard Jourdan, 75014 Paris

The conference will be held in English. Please find below the full programme.


Monday September 23

09:15-09:30 Welcome address

Session I : Foreign shocks and local heterogeneity

09:30-10:10 The Aggregate and Distributional Effects of Financial Globalization : Evidence from Macro and Sectoral Data
Davide Furceri (International Monetary Fund)
Prakash Loungani (International Monetary Fund)
Jonathan D. Ostry* (International Monetary Fund and CEPR)

10:10-10:50 Foreign Shocks as Granular Fluctuations
Julian di Giovanni (ICREA-UPF, CREI and CEPR)
Andrei A. Levchenko (University of Michigan, NBER and CEPR)
Isabelle Mejean* (CREST-Ecole Polytechnique and CEPR)

10:50-11:30 Real Interest Rates and Productivity in Small Open Economies
Tommaso Monacelli* (Bocconi University, IGIER, and CEPR)
Luca Sala (Bocconi University and IGIER)
Daniele Siena (Banque de France)

11:30-12:00 Coffee break

12:00-13:00 Keynote Lecture - Thick vs. Thin-Skinned : Technology, News, and Financial Market Reaction
Barry Eichengreen (University of California Berkeley)

13:00-14:20 Lunch

Session II : Monetary policy transmission, spillovers and capital flows

14:20-15:00 Interest Rates and Foreign Spillovers
Roberto A. De Santis* (European Central Bank)
Srecko Zimic (European Central Bank)

15:00-15:40 The Global Transmission of U.S. Monetary Policy
Riccardo Degasperi (University of Warwick)
Seokki Simon Hong (University of Warwick)
Giovanni Ricco* (U. Warwick, CEPR, OFCE-SciencesPo, Now-Casting Economics)

15:40-16:00 Coffee break

16:00-17:00 Keynote Lecture - The Dollar Hegemon ? Evidence and Implications for Policy Makers
Pierre-Olivier Gourinchas (University of California Berkeley)

Tuesday September 24

09:00-09:30 Address by the Governor of the Banque de France, Francois Villeroy de Galhau

Session III : Monetary policy and debt crises in open economy

09:30-10:10 The Phillips Curve : a Relation between Real Exchange Rate Growth and Unemployment
François Geerolf* (UCLA)

10:10-10:50 Global Banks and Systemic Debt Crises
Juan M. Morelli (New York University)
Pablo Ottonello (University of Michigan)
Diego J. Perez* (New York University)

10:50-11:30 Monetary Independence and Rollover Crises
Javier Bianchi* (Federal Reserve Bank of Minneapolis and NBER)
Jorge Mondragon (University of Minnesota)

11:30-12:00 Coffee break

12:00-13:00 Keynote Lecture - Tariffs and the trade deficit
Guido Lorenzoni (Northwestern University)

13:00-14:00 Lunch

14:00-15:30 Policy Panel - Challenges and opportunities of issuing an international currency
Barry Eichengreen (University of California Berkeley)
Pierre-Olivier Gourinchas (University of California Berkeley)
Guido Lorenzoni (Northwestern University)
Lucrezia Reichlin (London Business School)
Helene Rey (London Business School)


Organizers :
Olivier de Bandt (BdF)
Agnes Benassy-Quere (PSE)
Axelle Ferriere (PSE and CNRS)
Francesco Pappadà (PSE and ΒdF)