Agenda
| Thursday, December 1, 2016 | |
| Registration and continental breakfast | |
| 8:50 | Welcome |
| 9:00 | QE and the Bond Market Chair: Nikolay Gospodinov, Federal Reserve Bank of Atlanta "The Federal Reserve's Portfolio and Its Effect on Interest Rates"  Alex Boote, Jeff Huther, Jane Ihrig, Beth Klee, and Richard Sambasivam, Federal Reserve Board "Transmission of Quantitative Easing: The Role of Central Bank Reserves" Jens H.E. Christensen, Federal Reserve Bank of San Francisco Signe Krogstrup, International Monetary Fund |
| 11:00 | Break |
| 11:30 | "QE Auctions of Treasury Bonds" Zhaogang Song, Johns Hopkins University Haoxiang Zhu, Massachusetts Institute of Technology |
| 12:30 p.m. | Lunch |
| 1:30 | Impact on Banks and Insurers Chair: Glenn W. Harrison, Georgia State University "The Effect of Central Bank Liquidity Injections on Bank Credit Supply" Luisa Carpinelli, Bank of Italy Matteo Crosignani, Federal Reserve Board "A Stochastic Forward-Looking Model to Assess the Profitability and Solvency of European Insurers" Elia Berdin, International Center for Insurance Regulation Cosimo Pancaro, European Central Bank Christoffer Kok, European Central Bank |
| 3:30 | Break |
| 4:00 | Extraordinary Impact on Countries and Financial Markets
"FX Interventions in Brazil: A Synthetic Control Approach" Marcos Chamon, International Monetary Fund Márcio Garcia, Pontifical Catholic University of Rio de Janeiro Laura Souza, Itaú Unibanco "Collateral Flows and Balance Sheet(s) Space" Manmohan Singh, International Monetary Fund |
| 5:00 | Reception |
| 5:45 | Dinner |
| Friday, December 2, 2016 | |
| 8:30 a.m. | Continental breakfast |
| 9:00 | Interaction of monetary policy and financial sector Chair: Larry Wall, Federal Reserve Bank of Atlanta "Optimal Monetary Policy in a Collateralized Economy" Gary Gorton, Yale University Ping He, Tsinghua University "Credit Expansion and Credit Misallocation" Alexander Bleck, University of British Columbia Xuewen Liu, Hong Kong University of Science and Technology |
| 11:00 | Break |
| 11:30 | Bank Lending Chair: John C. Robertson, Federal Reserve Bank of Atlanta "Monetary Stimulus and Bank Lending" Indraneel Chakraborty, University of Miami Itay Goldstein, University of Pennsylvania Andrew MacKinlay, Virginia Polytechnic Institute and State University |
| 12:30 p.m. | Lunch |
| 1:30 | Bank Lending (continued) "Does a Larger Menu Increase Appetite? Collateral Eligibility and Bank Risk-Taking" Sjoerd Van Bekkum, Erasmus School of Economics Marc Gabarro, Erasmus School of Economics Rustom M. Irani, University of Illinois at Urbana-Champaign "Life below Zero: Bank Lending under Negative Policy Rates" Florian Heider, European Central Bank Farzad Said, Stockholm School of Economics Glenn Schepens, European Central Bank |
| 3:30 | Adjournment |