About the conference
Date: Thursday 9 January 2020
Location: Bank of England, Threadneedle Street
The Bank hosted an invite-only, off-the-record research workshop. The aim of the workshop was to identify the most important areas of research for the design and operation of monetary policy frameworks.
For any queries please email stakeholderrelations@bankofengland.co.uk.
ProgrammeOpening remarks by Mark Carney
A framework for all seasons? - speech by Mark Carney
The constituency for low inflation
- The case for low and stable inflation - Klaus Adam (pdf)
- Remarks on the constituency for low inflation - Argia M. Sbordone (pdf)
Monetary policy in a digital world
Monetary policy in the broader macroeconomic framework
- The fiscal footprint of central bank actions: immediate and far future - Ricardo Reis (pdf)
- The political economy of monetary/fiscal cooperation - Simon Wren-Lewis (pdf)
Challenges of a 'low-for-long' interest rate environment
- The optimal inflation target and the natural rate of interest - Andrade, Gali, Le Bihan, Matheron (pdf)
- Exiting a liquidity trap and the neo fisher effect - Stephanie Schmitt-Grohe and Martin Uribe (pdf)
Policy frameworks and strategies for an open economy
- The future of inflation targeting: policy frameworks and strategies for open economics - Pierre-Oliver Gourinchas (pdf)
- Policy Frameworks and the Strategies for an Open Economy slides - Philip R Lane