JOINT LUNCHTIME SEMINAR SERIES

Joint Lunchtime Seminar Special Event
6th Bundesbank-CFS-ECB Workshop on Macro and Finance
Friday, April 17, 2015
Goethe University Frankfurt (Campus Westend)
House of Finance
E.20 / DZ Bank
60323 Frankfurt am Main
Organizers:
Pooyan Amir Ahmadi (Goethe University Frankfurt and CFS)
Peter Hoffmann (European Central Bank)
Peter Karadi (European Central Bank)
Alexander Ludwig (Goethe University Frankfurt and CFS)
Norbert Metiu (Deutsche Bundesbank)
09:15-09:30
Registration and Coffee
09:30-11:00
Session I
Chair: Alexander Ludwig (Goethe University Frankfurt)
09:30-10:15 Stefano Corradin (European Central Bank)
“Limits to Arbitrage: Empirical Evidence from the Euro Area Sovereign
Market” (joint with Maria Rodriguez)
Discussant: Christian Schlag (Goethe University Frankfurt)
10:15-11:00 Tilman Bletzinger (IMFS, Goethe University Frankfurt)
“Asymmetric bond purchases as a monetary policy instrument in a
currency area with heterogeneous shocks” (joint with Martina Jancokova)
Discussant: Fiorella de Fiore (European Central Bank)
11:00-11:30
Coffee Break
11:30-12:30
Keynote Speech:
Emanuel Mönch (Deutsche Bundesbank)
“Fundamental Disagreement” (joint with Philippe Andrade, Richard
K. Crump, and Stefano Eusepi)
12:30-13:30
Lunch
13:30-15:00
Session II
Chair: Peter Karadi (European Central Bank)
13:30-14:15 Ivan Jaccard (European Central Bank)
“Structural asymmetries and financial imbalances in the eurozone”
(joint with Frank Smets)
Discussant: Mathias Hoffmann (Deutsche Bundesbank)
14:15-15:00 Spyros Palligkinis (SAFE, Goethe University Frankfurt)
“The Luxury of Bequest”
Discussant: Tobias Schmidt (Deutsche Bundesbank)
15:00-15:30
Coffee Break
15:30-17:00
Session III
Chair: Norbert Metiu (Deutsche Bundesbank)
15:30-16:15 Dominik Thaler (European University Institute)
“Monetary policy effects on bank risk taking” (joint with Angela Abbate)
Discussant: Elena Afanasyeva (Goethe University Frankfurt)
16:15-17:00 Jochen Mankart (Deutsche Bundesbank)
“A Dynamic Model of Banking with Uninsurable Risks and Regulatory
Constraints” (joint with Alexander Michaelides and Spyros Pagratis)
Discussant: Philippe Andrade (European Central Bank)
Each presenter has 30 minutes, each discussant has 10 minutes, and there are 5 minutes for general discussion.