There is consensus among the economics profession that r* - the equilibrium rate of interest at which inflation is stable - has strongly declined over past decades – more so in Europe than in the US. While r* in itself is not a policy goal, its currently estimated low level is widely perceived...

Preliminary Programme: Session 1 - Monetary policy modelling in low interest rate and low inflation environment ; Session 2 - Models for macroprudential analysis ; Session 3 - Forecasting models – Nowcasting with rich datasets.

The conference deliberations will deal with the following themes: - Cash: inefficient, outdated and a facilitator of crime? - Cash: still used vastly, not at the heart of current low inflation rates and keeper of civil rights? - Central Bank Digital Money and e-Krona: the future?

Conference Programme: - Keynote Speech "Moving forward with macroprudential frameworks" Stijn Claessens, Head of Financial Stability Policy and Deputy Head of the Monetary and Economic Department, BIS; - Session I - Policy Interactions: Different points of view; - Session II - Macroprudential...

Programme: Panel 1: Scars or scratches: how damaging is the fall-out from the crisis for the real economy and the natural rate of interest? Panel 2: The financial sector and prudential policies in the new normal. Panel 3: Monetary policy beyond normalisation: objectives and instruments.