September 8, 2025
Time	Location	Event
11:00 to 12:00	HBS Lobby	Arrivals and Registration
12:00 to 13:00	HBS Lobby	Lunch
13:00 to 13:10	HBS G11	Opening by Adrian Bell (Associate Pro-Vice-Chancellor Research, Prosperity and Resilience, University of Reading) and Paul Mizen (King's College London, MMF Chairman)
13:10 to 14:40	HBS G11	Keynote 1: Loriana Pelizzon (SAFE - Goethe University Frankfurt and Ca’ Foscari University of Venice)
14:40 to 15:00	HBS Lobby	Coffee Break
15:00 to 16:30		Special Session 1 (Bank of England) and Parallel Sessions 1
16:30 to 16:50	HBS Lobby	Coffee Break
16:50 to 18:20		Parallel Sessions 2
18:30 to 19:30	HBS Lobby	Bank of England's Drinks Reception with welcome words by Robert Van de Noort (Vice-Chancellor, University of Reading) and Simon Lloyd (Bank of England)
September 9, 2025
Time	Location	Event
09:00 to 10:30		Parallel Sessions 3
10:30 to 10:50	HBS Lobby	Coffee Break
10:50 to 12:20	HBS G11	Keynote 2: Olivier Coibion (University of Texas at Austin)
12:20 to 13:20	HBS Lobby	Lunch
12:25 to 13:15	HBS G15	Annual General Meeting (for the MMF leadership)
13:20 to 14:50		Special Session 2 (CHASM - University of Birmingham) and Parallel Sessions 4
14:50 to 15:10	HBS Lobby	Coffee Break
15:10 to 16:40		Parallel Sessions 5
16:40 to 17:00	HBS Lobby	Coffee Break
17:00 to 18:30	HBS G11	Keynote 3: Ufuk Akcigit (University of Chicago)
19:00 to 21:30	Meadows Suite	Conference Dinner
September 10, 2025
Time	Location	Event
08:45 to 10:15		Special Session 3 (NIESR) and Parallel Sessions 6
10:15 to 10:30	HBS Lobby	Coffee Break
10:30 to 12:00	HBS G11	Keynote 4: Tommaso Monacelli (Bocconi University Milan)
12:15 to 13:15	Park House	Lunch
13:30 to 14:30	Harris Garden	Walk through the Harris Garden (on campus): optional

Summary of All Sessions
Click here for an index of all participants

#	Date/Time	Type	Title/Location	Papers	Organizer
1	September 8, 2025 13:10-14:40	invited	Keynote 1: Loriana Pelizzon (SAFE - Goethe University Frankfurt and Ca’ Foscari University of Venice)     Location: HBS G11	1	Paul Mizen
2	September 8, 2025 15:00-16:30	contributed	The Yield Curve, Lending Decisions and Corporate Liquidity     Location: HBS 108	3	Elisa Faraglia
3	September 8, 2025 15:00-16:30	contributed	Risk Sharing, Trade Credit and Productivity Growth     Location: HBS 208	3	Miguel Leon-Ledesma
4	September 8, 2025 15:00-16:30	contributed	Environmental Risk, Debt and Liquidity     Location: HBS G10	3	Christos Mavrodimitrakis
5	September 8, 2025 15:00-16:30	contributed	Financial Econometrics     Location: HBS 201	3	Shixuan Wang
6	September 8, 2025 15:00-16:30	contributed	Oil-Exporting Nations, Safe Assets and Money     Location: HBS G15	3	Alexander Mihailov
7	September 8, 2025 15:00-16:30	invited	Special Session 1 - Bank of England: New Developments in the Analysis of Housing Markets for Monetary and Macroprudential Policy     Location: HBS G11	3	Paul Mizen
8	September 8, 2025 16:50-18:20	contributed	Brexit: Barriers to Trade, Banking and Corporate Structure     Location: HBS 108	3	Alexander Mihailov
9	September 8, 2025 16:50-18:20	contributed	Optimal Taxation     Location: HBS G15	3	Tatiana Damjanovic
10	September 8, 2025 16:50-18:20	contributed	Corporate Credit, FDI and QE     Location: HBS G10	3	Claudia Girardone
11	September 8, 2025 16:50-18:20	contributed	Fossil Fuels, Climate Risk and Climate Policy     Location: HBS G11	3	Alexander Mihailov
12	September 8, 2025 16:50-18:20	contributed	Macro-Finance Shocks and Inequalities     Location: HBS 208	3	Gulcin Ozkan
13	September 8, 2025 16:50-18:20	contributed	Monetary Policy: Phillips Curves, Balance Sheets and Consumption Patterns     Location: HBS 201	3	Paul Mizen
14	September 9, 2025 9:00-10:30	contributed	Climate News, Banking Pass-Through and Contract Suspensions     Location: HBS 108	3	Sophie Zhou
15	September 9, 2025 9:00-10:30	contributed	Optimal Design of Monetary and Fiscal Policy     Location: HBS G15	3	Tatiana Damjanovic
16	September 9, 2025 9:00-10:30	contributed	Partisan Central Banking, Excess Liquidity and Reforms     Location: HBS 201	3	Anne Pass
17	September 9, 2025 9:00-10:30	contributed	Ambiguity Aversion, Belief Distortions and Inflation Perceptions     Location: HBS G10	3	Li Tang
18	September 9, 2025 9:00-10:30	contributed	Theory of Monetary Policy     Location: HBS 208	3	Paul Mizen
19	September 9, 2025 9:00-10:30	contributed	Open-Economy Modelling and Optimal Policies     Location: HBS G11	3	Christoph Thoenissen
20	September 9, 2025 10:50-12:20	invited	Keynote 2: Olivier Coibion (UT Austin), Expectations Matter: The New Causal Macroeconomics of Surveys and Experiments     Location: HBS G11	0	Paul Mizen
21	September 9, 2025 13:20-14:50	contributed	Bank Failures, Ottoman Prices and the Rise of Flexible Jobs     Location: HBS 208	3	Alexander Mihailov
22	September 9, 2025 13:20-14:50	contributed	Monetary Policy History: Growth, Transmission, Frameworks     Location: HBS G15	3	Alexander Mihailov
23	September 9, 2025 13:20-14:50	contributed	Finance     Location: HBS 108	3	Laura Coroneo
24	September 9, 2025 13:20-14:50	contributed	Monetary Policy and Banking     Location: HBS G10	3	Claudia Girardone
25	September 9, 2025 13:20-14:50	invited	Special Session 2 - CHASM University of Birmingham: Financial Literacy, Gender Dynamics, and Sustainable Investing     Location: HBS G11	3	Paul Mizen
26	September 9, 2025 13:20-14:50	contributed	Tax Incentives under Sanctions, Nowcasting and the FTPL     Location: HBS 201	3	Alexander Mihailov
27	September 9, 2025 15:10-16:40	contributed	Monetary-Fiscal Policy Interactions     Location: HBS G15	3	Alexander Mihailov
28	September 9, 2025 15:10-16:40	contributed	International Finance     Location: HBS 108	3	Alexander Mihailov
29	September 9, 2025 15:10-16:40	contributed	(In)Stability, Price-Setting and Tariffs     Location: HBS G10	3	Alexander Mihailov
30	September 9, 2025 15:10-16:40	contributed	International Macroeconomics and Optimal Monetary Policy     Location: HBS G11	3	Alexander Mihailov
31	September 9, 2025 15:10-16:40	contributed	Wealth Dynamics, Inflation Uncertainty Shocks and Inflation Expectations     Location: HBS 208	3	Oleksandr Talavera
32	September 9, 2025 15:10-16:40	contributed	Imperfect Knowledge, Heterogeneity, Banking and the Business Cycle     Location: HBS 201	3	Alexander Mihailov
33	September 9, 2025 17:00-18:30	invited	Keynote 3 / Harry Johnson Lecture: Ufuk Akcigit (Chicago)     Location: HBS G11	0	Paul Mizen
34	September 10, 2025 8:45-10:15	contributed	Asset Prices, Credit Constraints and Firm Dynamics     Location: HBS 108	3	Sara Eugeni
35	September 10, 2025 8:45-10:15	contributed	Monetary Policy, Labour and Gender     Location: HBS G15	3	Stephen Millard
36	September 10, 2025 8:45-10:15	contributed	Firm Heterogeneity, Dual-Pillar Policy and Risky Jobs and Assets     Location: HBS G10	3	Ricardo Nunes
37	September 10, 2025 8:45-10:15	contributed	Adaptive Expectations, Regulatory Uncertainty and Inflation Risk     Location: HBS 201	3	Ivan Petrella
38	September 10, 2025 8:45-10:15	contributed	The Credit Channel, Intertemporal Pass-Through and Pricing     Location: HBS 208	3	Paul Mizen
39	September 10, 2025 8:45-10:15	invited	Special Session 3 - NIESR: The Move to Net Zero     Location: HBS G11	3	Stephen Millard
40	September 10, 2025 10:30-12:00	invited	Keynote 4 / Charles Goodhart Lecture: Tommaso Monacelli (Bocconi), Triple Shock, One Global Economy     Location: HBS G11	1	Paul Mizen

 

40 sessions, 110 papers, and 0 presentations with no associated papers

Money, Macro and Finance Society Annual Conference 2025
Detailed List of Sessions

Session 1: Keynote 1: Loriana Pelizzon (SAFE - Goethe University Frankfurt and Ca’ Foscari University of Venice) September 8, 2025 13:10 to 14:40 Location: HBS G11
Session Organizer: Paul Mizen, Kings College London
Session Chair: Laura Coroneo, University of York
Session type: invited
Keynote 1
Presented by: Loriana Pelizzon, Leibniz Institute for Financial Research
Session 2: The Yield Curve, Lending Decisions and Corporate Liquidity September 8, 2025 15:00 to 16:30 Location: HBS 108
Session Organizer: Elisa Faraglia, University of Cambridge
Session Chair: Turalay Kenc, INCEIF
Session type: contributed
How Interest Rate Swaps Reshape the Yield Curve: Evidence from China's Derivative Market Liberalization
Presented by: Xuewen Fu, University College London
“Who’s the boss?” The role of dividend clienteles in banks’ lending decisions
Presented by: Petros Katsoulis, Bank of England
How Does Debt Support Corporate Liquidity Management?
Presented by: Turalay Kenc, INCEIF
Session 3: Risk Sharing, Trade Credit and Productivity Growth September 8, 2025 15:00 to 16:30 Location: HBS 208
Session Organizer: Miguel Leon-Ledesma, University of Exeter
Session Chair: Isabelle Roland, Bank of England
Session type: contributed
Intra-National Convergence and Risk Sharing
Presented by: Keisuke Otsu, Keio University
Trade credit in a developing country: the role of large suppliers in the production network
Presented by: Pierluca Pannella, Sao Paulo School of Economics - FGV
Finance and Productivity Growth: The Role of Intangibles
Presented by: Isabelle Roland, Bank of England
Session 4: Environmental Risk, Debt and Liquidity September 8, 2025 15:00 to 16:30 Location: HBS G10
Session Organizer: Christos Mavrodimitrakis, King's College London
Session Chair: Jonathan Swarbrick, University of St Andrews
Session type: contributed
Climate and Environmental Risk Integration in EU Banks
Presented by: Michele Costola, Ca' Foscari University of Venice
Debt, Inflation, and Government Reputation
Presented by: Alberto Ramirez de Aguilar, University of Pennsylvania
Monetary Policy and the Credit Rationing Effects of Liquidity
Presented by: Jonathan Swarbrick, University of St Andrews
Session 5: Financial Econometrics September 8, 2025 15:00 to 16:30 Location: HBS 201
Session Organizer: Shixuan Wang, University of Reading
Session Chair: Bruce Morley, University of Bath
Session type: contributed
Fused LASSO as Non-Crossing Quantile Regression
Presented by: Tibor Szendrei, Heriot-Watt University
Identifying Credit Supply Shocks: A New Approach and Evidence from the Eurozone
Presented by: Esra Ugurlu, University of Leeds
Interactions between Housing, Credit and Monetary Policy
Presented by: Bruce Morley, University of Bath
Session 6: Oil-Exporting Nations, Safe Assets and Money September 8, 2025 15:00 to 16:30 Location: HBS G15
Session Organizer: Alexander Mihailov, University of Reading
Session Chair: Jane Binner, University of Birmingham
Session type: contributed
The effect of US monetary policy on the wealth of oil exporting nations
Presented by: Szilard Benk, Corvinus University Budapest
Safe Assets in Emerging Market Economies
Presented by: Cristian Cuevas, Universidad de los Andes, Chile
Specialization in the Functions of Money and the Moneyness of Cash
Presented by: Jane Binner, University of Birmingham
Session 7: Special Session 1 - Bank of England: New Developments in the Analysis of Housing Markets for Monetary and Macroprudential Policy September 8, 2025 15:00 to 16:30 Location: HBS G11
Session Organizer: Paul Mizen, Kings College London
Session Chair: Simon Lloyd, Bank of England
Session type: invited
The aggregate and distributional implications of credit shocks on housing and rental markets
Presented by: Juan Castellanos, Bank of England
Developing a House Price at Risk framework for the UK
Presented by: Tihana Škrinjarić, Bank of England
Monetary Transmission Through the Housing Sector
Presented by: Thomas Lazarowicz,
Session 8: Brexit: Barriers to Trade, Banking and Corporate Structure September 8, 2025 16:50 to 18:20 Location: HBS 108
Session Organizer: Alexander Mihailov, University of Reading
Session Chair: Elisa Faraglia, University of Cambridge
Session type: contributed
Brexit and Non-Tariff Barriers: Effects on UK Business Investment and Productivity
Presented by: Ahmet Kaya, NIESR
Impact of barriers to trade in banking services: Evidence from the UK
Presented by: Shania Bhalotia, London School of Economics
Adapting to Brexit: corporate structure response to Brexit
Presented by: Elisa Faraglia, University of Cambridge
Session 9: Optimal Taxation September 8, 2025 16:50 to 18:20 Location: HBS G15
Session Organizer: Tatiana Damjanovic, Durham University
Session Chair: Patrick Macnamara, University of Manchester
Session type: contributed
Towards a fairer taxation system: Distributional effects of a progressive consumption tax in the UK
Presented by: Arnab Bhattacharjee, Heriot-Watt University
Optimal Taxation with Borrowing Constraints and Entrepreneurial Heterogeneity
Presented by: Lorenzo Carbonari, Università di Roma Tor Vergata
Practical Consumption Tax Reforms in Life-Cycle Economies
Presented by: Patrick Macnamara, University of Manchester
Session 10: Corporate Credit, FDI and QE September 8, 2025 16:50 to 18:20 Location: HBS G10
Session Organizer: Claudia Girardone, University of Essex
Session Chair: Anna Carruthers, University of Oxford
Session type: contributed
Household Macroprudential Policies, Corporate Credit, and Macro Shocks
Presented by: Inci Gumus, Sabanci University
How Monetary Policy Framework Choice Impacts FDI in Emerging and Developing Countries
Presented by: Megan Sullivan, University of Brighton
Why doesn’t Quantitative Easing work in the same way everywhere? Evidence from the Covid-19 pandemic.
Presented by: Anna Carruthers, University of Oxford
Session 11: Fossil Fuels, Climate Risk and Climate Policy September 8, 2025 16:50 to 18:20 Location: HBS G11
Session Organizer: Alexander Mihailov, University of Reading
Session Chair: Neil Rickman,
Session type: contributed
Fuel Subsidy Removal and Monetary Policy Adjustments in an Oil-Producing Emerging Economy
Presented by: Bo Yang, Swansea University
Climate Risk and Corporate Bond Returns: Decomposing Firm-Level Risk Using 10-K Filings
Presented by: Seyed Mojtaba Mousavi, Queen Mary University of London
Grow Baby Grow: Climate Policy and the Transition to Sustainable Growth
Presented by: Neil Rickman,
Session 12: Macro-Finance Shocks and Inequalities September 8, 2025 16:50 to 18:20 Location: HBS 208
Session Organizer: Gulcin Ozkan, King's College London
Session Chair: Berrak Bahadir, Florida International University
Session type: contributed
Unemployment Insurance and Macro-Financial (In)Stability
Presented by: Yavuz Arslan, University of Liverpool Management School
The Economic Effects of Shocks to Bank Capital Regulation: Evidence from the United Kingdom
Presented by: Federico D'Amario, Sapienza University of Rome
Inequality, Household Credit Shocks, and House Price Dynamics
Presented by: Berrak Bahadir, Florida International University
Session 13: Monetary Policy: Phillips Curves, Balance Sheets and Consumption Patterns September 8, 2025 16:50 to 18:20 Location: HBS 201
Session Organizer: Paul Mizen, Kings College London
Session Chair: Alexandra Stevens, Heinrich-Heine University Düsseldorf
Session type: contributed
Monetary policy in the Euro Area: When the Phillips curves ... are curves
Presented by: Alexandre Carrier, European Central Bank
Watching paint dry? Monetary policy conditions and balance sheet policies
Presented by: Phurichai Rungcharoenkitkul, Bank for International Settlements
Consumption Patterns Matter: Monetary Policy Transmission in a HANK Model with Inflation Heterogeneity
Presented by: Alexandra Stevens, Heinrich-Heine University Düsseldorf
Session 14: Climate News, Banking Pass-Through and Contract Suspensions September 9, 2025 9:00 to 10:30 Location: HBS 108
Session Organizer: Sophie Zhou, University of Reading
Session Chair: Luigi Dante Gaviano, University of Cambridge
Session type: contributed
The Dynamic Effect of Climate News on Financial Markets: Evidence from France
Presented by: Hamza Bennani, Nantes University
Banks Funding Structure and Pass-Through in the Euro Area
Presented by: Guido Spano, University College London
Unfinished Business: Climate-driven Contract Suspensions as Firm Liquidity Shocks
Presented by: Luigi Dante Gaviano, University of Cambridge
Session 15: Optimal Design of Monetary and Fiscal Policy September 9, 2025 9:00 to 10:30 Location: HBS G15
Session Organizer: Tatiana Damjanovic, Durham University
Session Chair: Ricardo Nunes, University of Surrey
Session type: contributed
Optimal indexation of GDP-linked debt
Presented by: Juyi Lyu, Loughborough University
Adding Macroprudential Policy to the Mix: When Monetary, Fiscal and Macroprudential Authorities Interact
Presented by: Richard Dennis, University of Glasgow
Optimal Credit Market Policy
Presented by: Ricardo Nunes, University of Surrey
Session 16: Partisan Central Banking, Excess Liquidity and Reforms September 9, 2025 9:00 to 10:30 Location: HBS 201
Session Organizer: Anne Pass, University of Reading
Session Chair: Etienne Farvaque, University of Lille
Session type: contributed
Partisan central bank: evidence from the Fed
Presented by: Andrea Pagliuca, London Business School
Reserve requirements, excess liquidity and bank lending: Evidence from the Caribbean and Central America
Presented by: Michael Brei, University of Lille
Do central bank reforms lead to more monetary discipline?
Presented by: Etienne Farvaque, University of Lille
Session 17: Ambiguity Aversion, Belief Distortions and Inflation Perceptions September 9, 2025 9:00 to 10:30 Location: HBS G10
Session Organizer: Li Tang, University of Reading
Session Chair: Volker Hahn, University of Konstanz
Session type: contributed
Ambiguity Aversion, Portfolio Choices, and Life Expectancy
Presented by: Alistair Macaulay, University of Surrey
Belief Distortions and Disagreement about Inflation
Presented by: Stefano Fasani, Lancaster University
Inflation Perceptions and Monetary Policy
Presented by: Volker Hahn, University of Konstanz
Session 18: Theory of Monetary Policy September 9, 2025 9:00 to 10:30 Location: HBS 208
Session Organizer: Paul Mizen, Kings College London
Session Chair: Michael Kumhof, Bank of England
Session type: contributed
Stock Market Bubbles and Monetary Policy: A Bayesian DSGE Analysis
Presented by: Arthur Galichere, University of Warwick
The role of mortgage interest fixation periods for macro-prudential and monetary policies
Presented by: Stephen Millard, National Institute of Economic and Social Research
The Chicago Plan Revisited - Debt-free Money, Growth, and Stability
Presented by: Michael Kumhof, Bank of England
Session 19: Open-Economy Modelling and Optimal Policies September 9, 2025 9:00 to 10:30 Location: HBS G11
Session Organizer: Christoph Thoenissen, University of Sheffield
Session Chair: Tatiana Damjanovic, Durham University
Session type: contributed
Exchange Rate Disconnect and the Trade Balance
Presented by: Martin Bodenstein, Federal Reserve Board
Managing Financial Crises
Presented by: Aliaksandr Zaretski, University of Surrey
Macroprudential Policy and Bank Capital in Open Economies
Presented by: Tatiana Damjanovic, Durham University
Session 20: Keynote 2: Olivier Coibion (UT Austin), Expectations Matter: The New Causal Macroeconomics of Surveys and Experiments September 9, 2025 10:50 to 12:20 Location: HBS G11
Session Organizer: Paul Mizen, Kings College London
Session Chair: Paul Mizen, Kings College London
Session type: invited
Session 21: Bank Failures, Ottoman Prices and the Rise of Flexible Jobs September 9, 2025 13:20 to 14:50 Location: HBS 208
Session Organizer: Alexander Mihailov, University of Reading
Session Chair: Federico Pilla, University of Surrey
Session type: contributed
Bank Failures Still Matter: Evidence from U.S. Branch Network Shocks
Presented by: Sam Deegan, University College Dublin
500 Years of Ottoman Prices
Presented by: Sule Akkoyunlu, Rimini Centre for Economic Analysis
Home, Work, and the Space Between: the Rise of Flexible Jobs and the Couples' Labour Supply
Presented by: Federico Pilla, University of Surrey
Session 22: Monetary Policy History: Growth, Transmission, Frameworks September 9, 2025 13:20 to 14:50 Location: HBS G15
Session Organizer: Alexander Mihailov, University of Reading
Session Chair: David Cobham, Heriot-Watt University
Session type: contributed
Knowledge Generality, Competition and Growth
Presented by: Chenchuan Shi, University of Oxford
Monetary Policy Transmission in the Euro Area: Is this Time Different? Chapter I: Lags and Strength
Presented by: Andrejs Zlobins, Bank of Latvia
Monetary policy frameworks from 1999 to 2023: moins ça change, moins c’est la même chose
Presented by: David Cobham, Heriot-Watt University
Session 23: Finance September 9, 2025 13:20 to 14:50 Location: HBS 108
Session Organizer: Laura Coroneo, University of York
Session Chair: Alistair Milne, Loughborough University
Session type: contributed
Bond financing conditions and economic activity
Presented by: Eduardo Maqui, Bank of England
The yield curve impact of government debt issuance surprises and the implications for QT
Presented by: Michael Joyce, Bank of England
The Optimal Long-term Portfolio Share of Bitcoin is Negative (or Zero)
Presented by: Alistair Milne, Loughborough University
Session 24: Monetary Policy and Banking September 9, 2025 13:20 to 14:50 Location: HBS G10
Session Organizer: Claudia Girardone, University of Essex
Session Chair: Mauricio Calani, Central Bank of Chile
Session type: contributed
Banking Structures, Liquidity, and Macroeconomic Stability
Presented by: David Hong, The University of Edinburgh
The Effect of Monetary Policy on Banks’ Financial Fragility Empirical Evidence
Presented by: Abanob Shnouda, University of Southampton
Lending Standards, Granular Banks and Aggregate Fluctuations
Presented by: Mauricio Calani, Central Bank of Chile
Session 25: Special Session 2 - CHASM University of Birmingham: Financial Literacy, Gender Dynamics, and Sustainable Investing September 9, 2025 13:20 to 14:50 Location: HBS G11
Session Organizer: Paul Mizen, Kings College London
Session Chair: Haris Irshad, FCO
Session type: invited
When She Holds the Purse Strings...
Presented by: Yibo Zhang, University of Birmingham
Preferences for Sustainable Investing: The Role of Financial Literacy
Presented by: Noemi Oggero, University of Turin
Individual choice of the investment options offered by Private Pension Funds: The case of Italy
Presented by: Elisa Castagno, COVIP
Session 26: Tax Incentives under Sanctions, Nowcasting and the FTPL September 9, 2025 13:20 to 14:50 Location: HBS 201
Session Organizer: Alexander Mihailov, University of Reading
Session Chair: David Meenagh, Cardiff University
Session type: contributed
Tax Incentives under Sanctions: Evidence from Russian Tax Authorities
Presented by: Nam Vu, Miami University
Nowcasting Monthly UK GDP: Evidence from Bottom-Up Sectoral Modeling with Big Data Methods and Forecast Combination Algorithms
Presented by: Rory Macqueen, Birkbeck, University of London
Does the fiscal theory of the price level explain US postwar behaviour?
Presented by: David Meenagh, Cardiff University
Session 27: Monetary-Fiscal Policy Interactions September 9, 2025 15:10 to 16:40 Location: HBS G15
Session Organizer: Alexander Mihailov, University of Reading
Session Chair: Christoph Thoenissen, University of Sheffield
Session type: contributed
Transfer-Induced Debt Dynamics in Sovereign Default
Presented by: Liang Shi, University of Essex
Monetary Policy Normalization in the New Normal: The Role of Quantitative Tightening
Presented by: Martin Arazi, Washington University in St. Louis/ Bank of England
The Balance Sheet Channel of Fiscal Policy
Presented by: Christoph Thoenissen, University of Sheffield
Session 28: International Finance September 9, 2025 15:10 to 16:40 Location: HBS 108
Session Organizer: Alexander Mihailov, University of Reading
Session Chair: Ganesh Viswanath-Natraj, Warwick Business School
Session type: contributed
Deciphering CIP Deviation: Who Moves It and Why It Matters?
Presented by: Jihyun Kim, Bank of Korea
Foreign Exchange Regimes in (Normal Times and) Times of War: Insights from Ukraine
Presented by: Yevhenii Skok, University of Oxford (St Hugh's College), University of Liverpool
Foreign Exchange Interventions and Intermediary Constraints
Presented by: Ganesh Viswanath-Natraj, Warwick Business School
Session 29: (In)Stability, Price-Setting and Tariffs September 9, 2025 15:10 to 16:40 Location: HBS G10
Session Organizer: Alexander Mihailov, University of Reading
Session Chair: Nicolò Gnocato, European Central Bank
Session type: contributed
Ruling out unstable New Keynesian equilibria
Presented by: Michael Hatcher, University of Southampton
UK Firms’ Price-Setting Behaviour
Presented by: Aftab Chowdhury, Cardiff University
Tariffs across the supply chain
Presented by: Nicolò Gnocato, European Central Bank
Session 30: International Macroeconomics and Optimal Monetary Policy September 9, 2025 15:10 to 16:40 Location: HBS G11
Session Organizer: Alexander Mihailov, University of Reading
Session Chair: Jean-Bernard Chatelain, University Paris I Pantheon Sorbonne
Session type: contributed
Above and beyond risk-free rates: Monetary policy in the world of large central bank balance sheets
Presented by: Filippo Busetto, Bank of England
Inequality, Labour Market Dynamics and the policy mix: Insights from a FLANK
Presented by: Vasileios Karaferis, University of Edinburgh
Should central banks respond to the persistence of shocks?
Presented by: Jean-Bernard Chatelain, University Paris I Pantheon Sorbonne
Session 31: Wealth Dynamics, Inflation Uncertainty Shocks and Inflation Expectations September 9, 2025 15:10 to 16:40 Location: HBS 208
Session Organizer: Oleksandr Talavera, University of Birmingham
Session Chair: Bernd Hayo, Philipps-University Marburg
Session type: contributed
A Scrooge McDuck Theory of Wealth Dynamics
Presented by: Valentin Marchal, Sciences Po
Common inflation uncertainty shocks in the euro area
Presented by: Neil Lawton, European Central Bank
Drawbacks of Household Panel Data on Inflation Perceptions and Expectations: Non-Representativeness and Selectivity
Presented by: Bernd Hayo, Philipps-University Marburg
Session 32: Imperfect Knowledge, Heterogeneity, Banking and the Business Cycle September 9, 2025 15:10 to 16:40 Location: HBS 201
Session Organizer: Alexander Mihailov, University of Reading
Session Chair: Enzo Dia, Università degli Studi di Milano-Bicocca
Session type: contributed
Output Gap Estimation and Monetary Policy with Imperfect Knowledge
Presented by: Kaushik Mitra, University of Birmingham
Inflation Expectations and Consumption in New Keynesian Models: The Role of Heterogeneity
Presented by: Frantisek Masek, National Bank of Slovakia; Sapienza University of Rome
Loans, deposits, bank interest rates and productivity over the business cycle
Presented by: Enzo Dia, Università degli Studi di Milano-Bicocca
Session 33: Keynote 3 / Harry Johnson Lecture: Ufuk Akcigit (Chicago) September 9, 2025 17:00 to 18:30 Location: HBS G11
Session Organizer: Paul Mizen, Kings College London
Session Chair: Gulcin Ozkan, King's College London
Session type: invited
Session 34: Asset Prices, Credit Constraints and Firm Dynamics September 10, 2025 8:45 to 10:15 Location: HBS 108
Session Organizer: Sara Eugeni, Durham University
Session Chair: Suleyman Gozen, University of Bristol
Session type: contributed
Asset Price, Wealth Inequality, and Portfolio Rebalancing for Welfare
Presented by: Xitong Hui, Chinese University of Hong Kong, Shenzhen
Bank Credit Constraints, Expectation, and Real Activities: Evidence from UK Small and Medium-sized Enterprises
Presented by: Yuying Wu, UNIVERSITY OF BIRMINGHAM
Intangible Capital, Heterogeneous Borrowing Types, and Firm Dynamics
Presented by: Suleyman Gozen, University of Bristol
Session 35: Monetary Policy, Labour and Gender September 10, 2025 8:45 to 10:15 Location: HBS G15
Session Organizer: Stephen Millard, National Institute of Economic and Social Research
Session Chair: Alessandro Di Nola, University of Birmingham
Session type: contributed
Participation Flows, Job Search and Labour Force Attachment
Presented by: Matthew McKernan, Bank of England
Gender Equality and the Impact of Monetary Policy on Employment
Presented by: Tereza Ranosova, Deutsche Bundesbank
Gendered Effects of the Minimum Wage
Presented by: Alessandro Di Nola, University of Birmingham
Session 36: Firm Heterogeneity, Dual-Pillar Policy and Risky Jobs and Assets September 10, 2025 8:45 to 10:15 Location: HBS G10
Session Organizer: Ricardo Nunes, University of Surrey
Session Chair: Andrew Preston, University College London
Session type: contributed
Macroprudential Policy with Firm Heterogeneity
Presented by: Emilio Zaratiegui, Columbia University
Dual-pillar policy frameworks and financial cycle fluctuation: Evidence from MS-VAR analysis
Presented by: Yanhao Ma, University of Leeds
Risky Jobs and Risky Assets
Presented by: Andrew Preston, University College London
Session 37: Adaptive Expectations, Regulatory Uncertainty and Inflation Risk September 10, 2025 8:45 to 10:15 Location: HBS 201
Session Organizer: Ivan Petrella, University of Warwick
Session Chair: Sebastian Werner, University of Bristol
Session type: contributed
Adaptive Expectations and Over-/Under-reaction to New Information
Presented by: Junyi Liao, University of Essex
In the dangerzone! Regulatory uncertainty and voluntary bank capital surpluses
Presented by: Aakriti Mathur, Bank of England
Inflation risks and monetary policy transmission since the GFC
Presented by: Sebastian Werner, University of Bristol
Session 38: The Credit Channel, Intertemporal Pass-Through and Pricing September 10, 2025 8:45 to 10:15 Location: HBS 208
Session Organizer: Paul Mizen, Kings College London
Session Chair: Craig Menzies, Bank of England
Session type: contributed
The Credit Channel of Monetary Policy: Direct Survey Evidence from UK firms
Presented by: Krishan Shah, Bank of England
Intertemporal pass-through
Presented by: Ivan Yotzov, Bank of England
State and Time-Dependent Pricing
Presented by: Craig Menzies, Bank of England
Session 39: Special Session 3 - NIESR: The Move to Net Zero September 10, 2025 8:45 to 10:15 Location: HBS G11
Session Organizer: Stephen Millard, National Institute of Economic and Social Research
Session Chair: Stephen Millard, National Institute of Economic and Social Research
Session type: invited
Productivity implications of the move to net zero
Presented by: Sandra Batten, Bank of England
Looking-forward to Net zero: How agent’s expectations and policy choices drive economic outcomes in climate scenarios.
Presented by: Patricia Sanchez Juanino, National Institute of Economic and Social Research
Assessing the materiality of nature-related financial risks for the UK
Presented by: Jimena Alvarez, Environmental Change Institute, University of Oxford
Session 40: Keynote 4 / Charles Goodhart Lecture: Tommaso Monacelli (Bocconi), Triple Shock, One Global Economy September 10, 2025 10:30 to 12:00 Location: HBS G11
Session Organizer: Paul Mizen, Kings College London
Session Chair: Alexander Mihailov, University of Reading
Session type: invited
Triple Shock, One Global Economy
Presented by: Tommaso Monacelli, Bocconi University

 

This program was last updated on 2025-09-07 11:05:21 EDT