Milano candidata unica a ospitare la 132esima sessione del Cio nel 2019 per le Olimpiadi

Dinner speech Fabio Panetta, Governor, Banca d'Italia

Session 5 – Business cycles, monetary policy and long-run effects Session chair: María T. Valderrama, Oesterreichische Nationalbank Non-Essential Business Cycles • Michele Andreolli*, Boston College • Natalie Rickard, London Business School • Paolo Surico, London Business School Discussant: Peter Karadi, European Central Bank

Session 5 – Business cycles, monetary policy and long-run effects Session chair: María T. Valderrama, Oesterreichische Nationalbank Do Recessions Slow Technology Growth? Evidence from the Firm Level • Michaela Elfsbacka-Schmöller*, Suomen Pankki – Finlands Bank • Olga Goldfayn-Frank, Deutsche Bundesbank • Tobias Schmidt, Deutsche Bundesbank Discussant: Paloma López-García, European Central Bank

Session 4 – Monetary policy transmission through non-banks • Samuel Earnest, University of Chicago • Isil Erel*, The Ohio State University • Jack Liebersohn, University of California, Irvine • Constantine Yannelis, University of Chicago Discussant: Ralf Meisenzahl, Federal Reserve Bank of Chicago

Session 4 – Monetary policy transmission through non-banks Session chair: Laura Moretti, Central Bank of Ireland 14:15 Quantitative Easing, the Repo Market, and the Term Structure of Interest Rates • Ruggero Jappelli*, Goethe University Frankfurt • Loriana Pelizzon, Leibniz Institute for Financial Research SAFE • Marti G. Subrahmanyam, New York University Discussant: Refet S. Gürkaynak, Bilkent University

Policy panel: Current issues for monetary policy transmission in Europe Chair: Katrin Assenmacher, European Central Bank Panellists: • Silvia Ardagna, Managing Director and Head of European Economics Research, Barclays • Mario Centeno, Governor, Banco de Portugal • Benoit Mojon, Head of Economic Analysis, Bank for International Settlements • Ricardo Reis, Professor of Economics, London School of Economics

The New Keynesian Climate model • Jean-Guillaume Sahuc, Banque de France • Frank Smets, European Central Bank • Gauthier Vermandel*, École Polytechnique Discussant: Philipp Pfeiffer, European Commission

Climate Risk, Bank Lending and Monetary Policy • Carlo Altavilla, European Central Bank • Miguel Boucinha, European Central Bank • Marco Pagano*, University of Naples Federico II • Andrea Polo, Luiss University Discussant: Vasso Ioannidou, City University of London, Bayes Business School