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The annual Central Bank Business Survey Conference, organized in partnership with the Central Bank Business Survey and Liaison Programs, provides a forum for researchers, practitioners, and business liaisons to share their expertise in business survey administration and methodology and to discuss survey results and analysis. The conference is designed to promote open discussion and exchange of ideas on a range of topics, including but not limited to the collection and analysis of qualitative business intelligence, business survey results as an input into central bank decision-making processes, and innovations in survey administration and methodology.

For comments or questions, please email the CBBS conference mailbox.

Agenda

Tuesday, November 7
5:30 p.m. Opening reception and heavy hors d'oeuvres
 
Wednesday, November 8
8:00 a.m.
Breakfast
8:30 Opening Remarks
David Altig, Executive Vice President and Chief Economic Adviser, Federal Reserve Bank of Atlanta
8:45 Session 1: Using Surveys to Obtain Expectations
Chair: David Altig, Executive Vice President and Chief Economic Adviser, Federal Reserve Bank of Atlanta

Perceptions and expectations surveys with flexible questions: A way to generate experimental models, to know and understand the reality of companies
Ignacio Zapata, Senior Analyst, Central Bank of Chile

From convenience sample to representative sample: Can we improve the sampling of the Bureau for Economic Research (BER) inflation expectations survey?
Monique Reid, Lead Economist, South African Reserve Bank

Business expectations and uncertainty in developing and emerging economies
Jose Maria Barrero, Assistant Professor of Finance, Instituto Tecnológico Autónomo de México
10:15 Break
10:30 Session 2: Methods and Tools to Analyze Surveys
Chair: Brent Meyer, Assistant Vice President and Economist, Federal Reserve Bank of Atlanta

Matching business survey and administrative data to analyze the recent evolution of firm liquidity
Marco Bottone, Economist, Directorate General for Economics, Statistics and Research, Bank of Italy

Using natural language processing techniques to make the digitized history of liaison write-ups machine searchable
James Holloway, Deputy Head (State Offices & Liaison), Economic Analysis Department, Reserve Bank of Australia

Estimation of economic activity indexes from ordinal business survey data
Thomas Walstrum, Senior Business Economist, Federal Reserve Bank of Chicago
Noon Lunch
12:30 p.m. Lunch keynote
Ron S. Jarmin, Deputy Director and Chief Operating Officer, US Census Bureau
1:00 Session 3: Leveraging Survey Data to Obtain Actionable Insight
Chair: Daniel Weitz, Survey Director, Federal Reserve Bank of Atlanta

The pandemic and its aftermath through the lens of business opinion
María José Orraca Corona, Economist, Bank of Mexico

Using insights from business surveys for monetary policy decision-making
Emily Kerr, Senior Business Economist, Federal Reserve Bank of Dallas

Decoding central banks' practices: A closer look at inflation expectation surveys
Ignacio Zapata, Senior Analyst, Central Bank of Chile

Understanding labor market conditions by surveying those who recruit
Jason Kosakow, Survey Director, Federal Reserve Bank of Richmond

On the effects of the minimum wage increase: Evidence from the Bundesbank's Firm Survey
Pawel Smietanka, Senior Economist, Bundesbank
3:30 Depart for Vue Orleans (Transportation will be provided to venue and dinner.)
6:30 Reception and dinner at Arnaud's Restaurant
 
Thursday, November 9
8:00 a.m.
Breakfast
8:30 Fireside Chat
Raphael Bostic, President and Chief Executive Officer, Federal Reserve Bank of Atlanta
Thomas Barkin, President and Chief Executive Officer, Federal Reserve Bank of Richmond
9:30 Break
9:45 Session 4: The Determinants/Formation of Inflation and Inflation Expectations
Chair: Brent Meyer, Assistant Vice President and Economist, Federal Reserve Bank of Atlanta

The formation of long-term inflation expectations in Switzerland: The impact of short run shocks, current business conditions, and preferences
Jean-Marc Falter, Member of Senior Management, Swiss National Bank

CPI releases and inflation expectations: Evidence from the DMP
Ivan Yotzov, Lead Economic Analyst, Bank of England
10:45 Break
11:00 Does monetary policy matter? Inflation expectations of firms in the Business Leaders' Pulse survey
Kevin MacLean, Economist, Survey and Economic Intelligence Division, Bank of Canada

Supply chain disruptions, energy price shocks, and inflation in Poland
Łukasz Postek, Economist, Bank of Poland
Noon Lunch
1:00 p.m. Session 5: How Does Elevated Inflation Impact Firm Pricing Behavior?
Chair: Grace Guynn, Survey Manager, Federal Reserve Bank of Atlanta

Firms' inflation expectations and price-setting behaviour in Canada: Evidence from a business survey
Jane Voll, Regional Director, Bank of Canada

What is the connection between firms' inflation expectations and their own pricing plans? Evidence from one set of business surveys
Sonya Ravindranath Waddell, Vice President and Economist, Federal Reserve Bank of Richmond

Firms' price setting and inflation outlook from the Tankan survey
Kyosuke Shiotani, Economic Statistics Division, Bank of Japan
2:30 Break
2:45 Panel Discussion: Approaches to Gathering Intelligence across Regional Networks
Moderator: Rebekah Durham, Director, Regional Economic Information Network, Federal Reserve Bank of Atlanta New Orleans Branch
Discussants:
Anoop Mishra, Vice President and Regional Executive, Federal Reserve Bank of Atlanta
James Holloway, Deputy Head (State Offices & Liaison), Economic Analysis Department, Reserve Bank of Australia
Roland Scheurer, Delegate for Regional Economic Relations, Swiss National Bank
3:45 Adjournment