About the conference
Date: Thursday 9 January 2020
Location: Bank of England, Threadneedle Street
The Bank hosted an invite-only, off-the-record research workshop. The aim of the workshop was to identify the most important areas of research for the design and operation of monetary policy frameworks.
For any queries please email stakeholderrelations@bankofengland.co.uk.
Programme Opens in a new window
Opening remarks by Mark Carney
A framework for all seasons? - speech by Mark Carney
The constituency for low inflation
- The case for low and stable inflation - Klaus Adam (pdf) Opens in a new window
- Remarks on the constituency for low inflation - Argia M. Sbordone (pdf) Opens in a new window
Monetary policy in a digital world
Monetary policy in the broader macroeconomic framework
- The fiscal footprint of central bank actions: immediate and far future - Ricardo Reis (pdf) Opens in a new window
- The political economy of monetary/fiscal cooperation - Simon Wren-Lewis (pdf) Opens in a new window
Challenges of a 'low-for-long' interest rate environment
- The optimal inflation target and the natural rate of interest - Andrade, Gali, Le Bihan, Matheron (pdf) Opens in a new window
- Exiting a liquidity trap and the neo fisher effect - Stephanie Schmitt-Grohe and Martin Uribe (pdf) Opens in a new window
Policy frameworks and strategies for an open economy
- The future of inflation targeting: policy frameworks and strategies for open economics - Pierre-Oliver Gourinchas (pdf) Opens in a new window
- Policy Frameworks and the Strategies for an Open Economy slides - Philip R Lane Opens in a new window