This conference promotes recent advances in macroeconomics with heterogeneity. Particular attention will be devoted to production, firms, and taxation. Topics include, but are not limited to: - The role of firm heterogeneity for monetary and fiscal policy - Trends and business cycle variation in...

The meeting will be the fifth event in the annual conferences series "New Developments in Business Cycle Analysis" bringing together economists from academia and central banks focused on understanding the impact of cross-sectional heterogeneity on the macroeconomic environment, and its...

The conference will highlight evolutionary perspectives on central banks' responsibilities for price stability and financial stability. We seek high quality contributions which cover different aspects of central banks and central banking and how these tasks have been dealt with and developed...

Topics: - Credit, asset prices and the transmission mechanism of monetary policy - Interactions between monetary and macroprudential policy - DSGE models with an explicit role for financial intermediation - Potential tradeoffs between price stability and financial stability - Endogenous asset...

The event is a combination of lectures on the theory and methods of policy analysis and design, practical problems in modelling and forecasting, and computer-based exercises. The following topics will be covered: • unit roots, cointegration and error-correction mechanisms; • vector...

Empirical analysis of financial markets and the information contained therein is crucial for central banks. This analysis needs to take account of the latest developments in financial economics. For example, recent advances in techniques used to extract information from the prices of financial...

This event invites heads of internal audit departments in central banks to question, develop and deepen their understanding of the internal audit department’s role and to share successful practices and experience with peers. The event will have a number of themes, although the final content...

In this seminar we offer central bankers with expertise in this field the opportunity to deepen their knowledge of the theoretical and practical aspects of recent challenges to macroprudential policy and to share experience with their peers. The topics covered in the event will fit within the...

This seminar analyses the causes and consequences of both, stressing that they are inherently linked by the structure of the economy and the nature of the shocks. The following topics are likely to be covered: • an introduction to recent research on exchange rates, in particular market...

Financial regulation is usually justified by pointing to market imperfections that regulation seeks to address. Yet all real-world markets are imperfect and the welfare costs arising from these imperfections create strong incentives for market participants to devise their own solutions....