ESCB Challenges for Monetary Policy Transmission in a Changing World (ChAMP) Research Network
2nd Workshop of Workstream 1: Transmission through banks and non-banks
Wednesday, 24 April 2024
European Central Bank
Frankfurt am Main
Programme
* indicates the presenter
- 9:00
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Registration
- 9:15
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Welcome
Diana Bonfim, European Central Bank and Banco de Portugal
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Session 1
Chair: Diana Bonfim, European Central Bank and Banco de Portugal
- 9:20
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Regional loan market structure, bank lending rates and monetary transmission
Sebastian Bredl*, Deutsche Bundesbank
Discussant: Hans Degryse, KU Leuven
- 10:10
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The transmission of monetary policy to credit supply in the euro area
Miguel García-Posada* and Peter Paz, both Banco de España
Discussant: Björn Imbierowicz, Deutsche Bundesbank
- 11:00
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Coffee break
- 11:15
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Corporate lending in face of domestic and foreign monetary policy: Insights from AnaCredit
Zuzana Gric, Jan Janků and Simona Malovaná*, all Česká národní banka
Discussant: Laura Moretti, Central Bank of Ireland
- 12:05
-
Buffet lunch and poster session, together with Workstream 2
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The heterogeneous effects of mortgage rate shocks: evidence from the Irish counties
Filippo Arigoni and Emil Bandoni*, both Central Bank of Ireland
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The original sin: Fragmentation in the money market and its transmission to the credit market
Caterina Forti Grazzini and Carla Soares, both European Central Bank
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The impact of monetary surprises on exchange rates: Insights from a textual analysis approach on a panel of countries
Jean-Charles Bricongne, Banque de France, and Louis Marolleau*
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The response of households to credit supply shocks
Massimiliano Affinito*, David Loschiavo, Mirko Moscatelli and Alfonso Rosolia, all Banca d’Italia
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Banks’ interest rate pass-through: Frictions and heterogeneity
Victoria Böhnke, Lotta Heckmann-Draisbach* and Helge Littke, all Deutsche Bundesbank
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Central bank liquidity shocks
- Martina Jasova, Barnard College
- Caterina Mendicino*, European Central Bank
- Ivan Petrella, Warwick Business School
- Federico Puglisi, Banca d’Italia
- Dominik Supera, Columbia Business School
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Session 2
Chair: Margherita Bottero, Banca d’Italia
- 13:30
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Monetary policy shocks and firms’ bank loan expectations
Annalisa Ferrando and Caterina Forti Grazzini*, both European Central Bank
- 14:10
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Firm liquidity and the transmission of monetary policy
Margherita Bottero and Stefano Schiaffi*, both Banca d’Italia
- 14:50
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Coffee break
- 15:05
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Quantitative easing and preferred habitat investors in the euro area bond market
Martijn Boermans, Tomas Carrera de Souza and Robert Vermeulen*, all De Nederlandsche Bank
- 15:45
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Determinants of bank performance: Evidence from replicating portfolios
- Carlo Altavilla, European Central Bank
- Juliane Begenau, Stanford University
- Lorenzo Burlon, European Central Bank
- Franziska Hünnekes*, European Central Bank
- 16:25
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General discussion and way forward
- 16:55
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End of workshop
- 18:30
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Drinks followed by networking dinner
This programme may be subject to change without notice.
This meeting will not be recorded.
General information
European Central Bank
C3.08/09
Sonnemannstrasse 20
60314 Frankfurt am Main
English
Participants are requested to arrange their own transfers, unless indicated otherwise.
- Diana Bonfim, European Central Bank and Banco de Portugal
- Margherita Bottero, Banca d’Italia
- Philipp Hartmann, ChaMP Chairman and European Central Bank
- Melina Papoutsi, European Central Bank
Melina Papoutsi
Raquel Gil-Antona