Event dates: 18 - 19 May 2017
The topic for the Workshop this year was “The distributional effect of central banks policies”
- How does central bank policy – including monetary, macro prudential and micro prudential policies - affect the distribution of income and wealth? What are the lessons for the optimal policy mix of central bank policies – and for broader macroeconomic policy?
- What is the evidence on the distributional effects of conventional and unconventional monetary policies?
- Does income and wealth distribution matter for the transmission of monetary policy and for the effectiveness of macro-prudential regulation?
As usual the programme also featured presentations from several delegates.
Resources from the event
We heard insights from our distinguished Keynote speakers, Professors Wendy Carlin (UCL), John Hills (LSE) and Haroon Mumtaz (Queen Mary University of London) and Paul Johnson, Director of the Institute for Fiscal studies.
Jakob de Haan, Netherlands Bank
Finance and income inequality: a review and new evidence
Wendy Carlin, Department of Economics, University College London
Paul Johnson, Director, Institute for Fiscal Studies
Fiscal policy, monetary policy and intergenerational inequality in the UK
Haroon Mumtaz, Professor of Economics, Queen Mary University London
The impact of monetary policy on inequality in the UK. An empirical analysis
Oreste Tristani, European Central Bank
Wealth inequality in the euro area: micro-facts and implications for monetary policy
Alejandrina Salcedo Cisneros, Bank of Mexico
Hans Genberg, South East Asian Central Banks Research and Training Centre
Financial cycles in emerging markets
Mauro Alessandro, Central Bank of Argentina
Oscar Arce, Bank of Spain
Agent heterogeneity and monetary policy: the recent experience of the Banco de España
Michal Brzoza-Brzezina, National Bank of Poland
The demographic transition and monetary policy in a small open economy