PROGRAM 

Thursday 1 September

8.30 Registration and coffee

Part I: Debt and monetary policy 

9.00 Arellano, Cristina (Federal Reserve Bank of Minneapolis): Monetary Policy and Sovereign Risk

10.15 La’O, Jennifer (Columbia University): Monetary Policy in Supply Chain Network Economies

11.30 Panel discussion on credit regulation and inequality
Participants: Cristina Arellano, Enrique G. Mendoza, Kari Elisabeth Kaski (SV), and Jon Gunnar Pedersen (Arctic Securities)
Moderator:  Bård Bjerkholt, DN

12.30 Lunch

Part II:  Monetary policy  

13.30 Heise, Sebastian (NY Fed): Inflation Strikes Back: The Return of Wage to Price Pass-Through

14.15 Swanson, Eric (UC Irvine): A Reassessment of Monetary Policy Surprises and High-Frequency Identification

Part III:  Debt  

15.15 Wold, Ella Getz (BI):  The leverage-liquidity tradeoff of mortgage regulation

16.00 Ragot, Xavier (Sciences Po):  Should we increase or decrease public debt? Optimal fiscal policy with heterogeneous agents

16.45 Adjourn 

Friday 2 September

8.30 Coffee and pastries

Part III: Capital controls 

9.00 Mendoza, Enrique G. (University of Pennsylvania): Beware the Side Effects: Capital Controls, Misallocation and Welfare

Part IV:  Revolver session 

10.15 Hale, Galina (UC Santa Cruz):  Fiscal support measures during COVID and inflation.

10.35 Larkin, Kieran (IIES):  Robust Consumption Inference: extracting recession expectations from a restricted consumption basket

10.55 Nord, Lukas (European University Institute):  Distributive Effects of Banking Sector Losses

11.15 Coffee break

11.30 Kramer, John (Copenhagen University): The Cyclicality of Earnings Growth along the Distribution – Causes and Consequences

11.50 Karlman, Markus (NHH):  Why has house prices diverged? The role of interest rates

12.10 Lorentzen, Linnea (BI): The Domino Effects: Understanding Sectoral Reallocation and its Wage Implications

12.30 Lunch

Part V Stabilization policies  

13.30 Kaas, Leo (Goethe) Rescue Policies for Small Businesses in the COVID-19 Recession

14.30 Manea, Cristina (BIS):  Big Techs and the credit channel of monetary policy.

15.15 Rendahl, Pontus (CBS) Unexpected Effects: Uncertainty, Unemployment, and Inflation 

16.00 Adjourn