European Central Bank
Conference on Money Markets: Welcome Address by Fabio Panetta
- Title
- Conference on Money Markets: Welcome Address by Fabio Panetta
- Runtime
- 25:32
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Welcome address
Mind the step: calibrating monetary policy in a volatile environment
Fabio Panetta, Member of the Executive Board, European Central Bank
- Title
- Conference on Money Markets: Keynote Teaser by Marcin Kacperczyk
- Runtime
- 1:17
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Keynote speech "teaser"
Marcin Kacperczyk, Imperial College London
- Title
- Conference on Money Markets: Keynote speech by Marcin Kacperczyk
- Runtime
- 56:23
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Keynote speech
Marcin Kacperczyk, Imperial College London
- Title
- Conference on Money Markets: Session 1 – The role of collateral in financial markets (Part 2)
- Runtime
- 46:00
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Session 1 – The role of collateral in financial markets
Chair: Thomas Vlassopoulos, European Central Bank
“Real effects of financial market integration: evidence from an ECB collateral framework change”
Pia Hüttl, DIW Berlin
Discussant: Loriana Pelizzon, Goethe-Universität Frankfurt am Main
- Title
- Conference on Money Markets: Session 1 – The role of collateral in financial markets (Part 1)
- Runtime
- 48:30
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Session 1 – The role of collateral in financial markets
Chair: Thomas Vlassopoulos, European Central Bank
“Securities lender of last resort: on the causal effects of central banks’ securities lending facilities”
Stefan Greppmair, Deutsche Bundesbank
Discussant: Jean-David Sigaux, European Central Bank
- Title
- Conference on money market: Session 2 – Repo markets (Part 1)
- Runtime
- 47:39
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Session 2 – Repo markets
Chair: Marie Hoerova, European Central Bank
“Liquid assets and financial fragility”
Toni Ahnert, European Central Bank
Discussant: Puriya Abbassi, Deutsche Bundesbank
- Title
- Conference on Money Markets: Session 2 – Repo markets (Part 2)
- Runtime
- 42:18
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Session 2 – Repo markets
Chair: Marie Hoerova, European Central Bank
“Money market disconnect”
Hannah Winterberg, University of St.Gallen
Discussant: Sebastian Infante, Board of Governors of the Federal Reserve System
- Title
- Conference on Money Markets: Session 3 – Central bank tiering systems and cryptocurrencies (Part 2)
- Runtime
- 44:17
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Session 3 – Central bank tiering systems and cryptocurrencies
Chair: Katrin Assenmacher, European Central Bank
“The coming battle of digital currencies”
Simon Mayer, University of Chicago, and William Cong Lin, Cornell University
Discussant: Morten Bech, Bank for International Settlements
- Title
- Conference on Money Markets: Market participants panel
- Runtime
- 1:03:19
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Market participants panel
Chair: Imène Rahmouni-Rousseau, European Central Bank
Panellists:
Camille de Courcel, Head of Strategy for G10 Rates Europe, BNP Paribas
Fabio Natalucci, Deputy Director of the Monetary and Capital Markets Department, International Monetary Fund
Mikaël Pacot, Head of Money Markets and Euro Rates, Axa Investment Managers
Eric Scotto di Rinaldo, Head of Liquidity Management Utrecht, Rabobank
- Title
- Conference on Money Markets: Session 3 – Central bank tiering systems and cryptocurrencies (Part 1)
- Runtime
- 44:40
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Session 3 – Central bank tiering systems and cryptocurrencies
Chair: Katrin Assenmacher, European Central Bank
“Money markets and bank lending: evidence from the tiering adoption”
Mariassunta Giannetti, Stockholm School of Economics
Discussant: Diana Bonfim, Banco de Portugal
- Title
- Conference on Money Markets: Session 4 – Banking and safe assets (Part 1)
- Runtime
- 46:48
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Session 4 – Banking and safe assets
Chair: Christophe Kamps, European Central Bank
“The geography of bank deposits and the origins of aggregate fluctuations”
Shohini Kundu, University of California
Discussant: Saleem Bahaj, University College London
- Title
- Conference on Money Markets: Session 4 – Banking and safe assets (Part 2)
- Runtime
- 45:45
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Session 4 – Banking and safe assets
Chair: Christophe Kamps, European Central Bank
“Fragility of safe asset markets”
Thomas Eisenbach, Federal Reserve Bank of New York
Discussant: Cyril Monnet, University of Bern
- Title
- Conference on Money Markets: Wrap-up of conference
- Runtime
- 11:43
- Date posted
- 4 years ago
- Description
- ECB Conference on Money Markets 2022
Wrap-up of conference
- Title
- Civil Society Seminar Series: Climate risks - banks' preparedness to weather the storm
- Runtime
- 58:22
- Date posted
- 4 years ago
- Description
- Supervisory Board Vice-Chair Frank Elderson, together with Patrick Amis, Director General in ECB Banking Supervision, met with civil society organisations to discuss how the ECB helps European banks detect, manage and disclose climate risks. The seminar was moderated by Irene Heemskerk, head of the ECB’s Climate Change Centre.
- Title
- The ECB Podcast – Are banks walking the talk on climate?
- Runtime
- 32:46
- Date posted
- 4 years ago
- Description
- We’ve looked at how banks are taking climate and environmental risks into account in their business. What did we find? Are banks meeting our supervisory expectations?
Our host Katie Ranger discusses the results of our thematic review with Executive Board member and Supervisory Board Vice-Chair Frank Elderson on The ECB Podcast.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 2 November 2022 and recorded on 21 October 2022.
In this episode:
01:10 – The results of our thematic review
How banks are managing climate and environmental risks, and what happens if they don’t meet our supervisory expectations.
11:20 – Zooming in on bank strategies
What steps banks have taken to understand how climate-related risks might impact their business model, and how they intend to adjust their strategy, such as through transition plans, plus ...
- Title
- ECB Governing Council Press Conference - 27 October 2022
- Runtime
- 56:35
- Date posted
- 4 years ago
- Description
- ECB President Christine Lagarde explained the Governing Council's monetary policy decisions and answered questions from journalists at the Governing Council press conference held on 27 October 2022 at 14:45 CET in Frankfurt am Main.
Photos from the press conference can be found via this link: https://www.flickr.com/photos/europeancentralbank/albums/72177720303075468
- Title
- President Lagarde presents the latest monetary policy decisions – 27 October 2022
- Runtime
- 13:11
- Date posted
- 4 years ago
- Description
- Today our Governing Council decided on monetary policy, determining what’s needed to achieve stable prices in the euro area.
Listen to President Christine Lagarde present today’s decisions. The statement also covers:
- how the economy is performing
- how we expect prices to develop
- the risks to the economic outlook
- the dynamics behind financial and monetary conditions
Published and recorded during our press conference on 27 October 2022.
Our monetary policy statement at a glance, 27 October 2022
https://www.ecb.europa.eu/press/pressconf/visual-mps/2022/html/mopo_statement_explained_october.en.html
Christine Lagarde, Luis de Guindos: Monetary policy statement (with Q&A), https://www.ecb.europa.eu/press/pressconf/2022/html/ecb.is221027~358a06a35f.en.html
Monetary policy decisions, 27 October 2022
https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.mp221027~df1d778b84.en.h...
- Title
- The ECB Podcast - A digital euro: what, why, when? (part 2)
- Runtime
- 11:32
- Date posted
- 4 years ago
- Description
- Would people’s privacy be safe with a digital euro? What could a digital euro mean for Europe? And what’s next in the digital euro project?
Our host Katie Ranger continues her conversation with expert Evelien Witlox.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 19 October 2022 and recorded on 7 October 2022.
In this episode:
00:47 – Privacy and the use of data with a digital euro
How we will take people’s privacy concerns into account when we start to design a digital euro.
03:20 – European monetary sovereignty
Why it’s important to develop a European autonomy and sovereignty in payments and which other central banks are currently looking at developing a digital currency.
06:31 – Next steps in the digital euro project
How the investigation phase is going and when we would potentially issue a digital euro.
09...
- Title
- The ECB Podcast - A digital euro: what, why, when? (part 1)
- Runtime
- 14:18
- Date posted
- 4 years ago
- Description
- Do we need a digital euro, and why? What might it look like? And how would it differ from other means of payment?
Our host Katie Ranger puts these questions to digital euro expert Evelien Witlox.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 15 October 2022 and recorded on 7 October 2022.
In this episode:
1:11 – Commercial versus central bank money
What a digital euro is, how paying with it might work and how it would differ from the money in people’s bank accounts.
5:52 – Why are we looking into a digital euro now?
What made the ECB start exploring a digital euro in October 2021 and why we need one.
8:45 – What a digital euro might look like
What benefits a digital euro would have as a means of payment and how people would pay with it.
13:35 – Keep an eye out for the next episode!
The...
- Title
- The difference between the digital euro and crypto-assets
- Runtime
- 0:48
- Date posted
- 4 years ago
- Description
- Will the digital euro be a crypto-asset issued by the ECB?
The answer is no.
Our colleague Georgina explains why people can trust the digital euro in the same way they trust cash.
To find out more, tap the 🔗 below and read our explainer!
#digitaleuro #eurozone #singlecurrency #europeancentralbank #euro #europe #ecb
🎥 by ECB
https://www.ecb.europa.eu/paym/digital_euro/html/index.en.html
- Title
- Why the digital euro?
- Runtime
- 0:56
- Date posted
- 4 years ago
- Description
- Our colleague Georgina talks about the possibilities that the digital euro would offer as a safe electronic form of money issued by the ECB.
To find out more, tap the 🔗 below and read our explainer!
#digitaleuro #eurozone #singlecurrency #europeancentralbank #euro #europe #ecb
🎥 by ECB
https://www.ecb.europa.eu/paym/digital_euro/html/index.en.html
- Title
- ECB Conference on Monetary Policy – Interview with Carmen Reinhart
- Runtime
- 2:58
- Date posted
- 4 years ago
- Description
- Carmen Reinhart, Harvard Kennedy School
- Title
- ECB Conference on Monetary Policy – Day Two | Keynote speech session II
- Runtime
- 57:26
- Date posted
- 4 years ago
- Description
- Learning and the long run
Chair: Massimo Rostagno, European Central Bank
by Emi Nakamura, University of California, Berkeley
- Title
- ECB Conference on Monetary Policy – Day Two | Session III -2
- Runtime
- 50:30
- Date posted
- 4 years ago
- Description
- Managing monetary policy normalization
Chair: Isabel Vansteenkiste, European Central Bank
by Pierpaolo Benigno, University of Bern (with Gianluca Benigno, Federal Reserve Bank of New York and CEPR)
Discussant: Elisa Rubbo, The University of Chicago Booth School of Business
- Title
- ECB Conference on Monetary Policy – Day Two | Session III -1
- Runtime
- 59:32
- Date posted
- 4 years ago
- Description
- Trust and monetary policy
Chair: Isabel Vansteenkiste, European Central Bank
by Paul De Grauwe, London School of Economics (with Yuemei Ji, University College London)
Discussant: Natacha Valla, Sciences Po Paris (Paris Institute of Political Studies)
- Title
- ECB Conference on Monetary Policy – Day Two | Keynote speech session I
- Runtime
- 1:04:21
- Date posted
- 4 years ago
- Description
- Challenges faced by central banks in normalising their policy and the related international dimension
Chair: Oscar Arce, European Central Bank
by Carmen Reinhart, Harvard Kennedy School
- Title
- ECB Conference on Monetary Policy – Day One | Session II -2
- Runtime
- 45:51
- Date posted
- 4 years ago
- Description
- Information spillovers in sovereign debt markets. Theory meets the eurozone crisis
Chair: Cornelia Holthausen, European Central Bank
by Guillermo Ordoñez, University of Pennsylvania (with Harold Cole, University of Pennsylvania, Daniel Neuhann, University of Texas at Austin)
Discussant: Federica Romei, University of Oxford
- Title
- ECB Conference on Monetary Policy – Day One | Session II -1
- Runtime
- 46:41
- Date posted
- 4 years ago
- Description
- Bond convenience yields in the eurozone currency union
Chair: Cornelia Holthausen, European Central Bank
by Stijn Van Nieuwerburgh, Columbia University (with Zhengyang Jiang, Kellogg School of Management, Northwestern University, Hanno N. Lustig, Stanford Graduate School of Business, Mindy Z. Xiaolan, McCombs School of Business, the University of Texas at Austin)
Discussant: Andrea Vedolin, Boston University
- Title
- ECB Conference on Monetary Policy – Day One | Session I-2
- Runtime
- 38:59
- Date posted
- 4 years ago
- Description
- Reserves were not so ample after all
Chair: Christophe Kamps, European Central Bank
by Darrell Duffie, Stanford University (with Adam Copeland, Federal Reserve Bank of New York and Yilin Yang, City University of Hong Kong)
Discussant: Tara Rice, Bank for International Settlements
- Title
- ECB Conference on Monetary Policy – Day One | Session I-1
- Runtime
- 54:00
- Date posted
- 4 years ago
- Description
- Let the worst one fail: a credible solution to the too-big-to-fail conundrum
Chair: Christophe Kamps, European Central Bank
by Thomas Philippon, New York University (with Olivier Wang, New York University Stern School of Business)
Discussant: Michaela Pagel, Columbia Business School
- Title
- ECB Conference on Monetary Policy: bridging science and practice – Day one
- Runtime
- 5:29
- Date posted
- 4 years ago
- Description
- Welcome address by Philip Lane.
The conference will feature once more an impressive academic line-up and, as last year, will be in virtual format. The three conference sessions will tackle issues related to monetary policy, credit and financial crises, the role of financial markets in monetary policy transmission as well as current questions for monetary policy strategy.
- Title
- What is the digital euro?
- Runtime
- 0:49
- Date posted
- 4 years ago
- Description
- We are exploring what a digital euro might look like and how people might use it.
Our colleague Georgina highlights three features of the digital euro and explains why it is different from the money in your bank account 💳
To find out more, just click the link below and read our explainer!
https://www.ecb.europa.eu/paym/digital_euro/html/index.en.html
- Title
- Isabel Schnabel goes behind the scenes of ECB's Market Operations
- Runtime
- 0:54
- Date posted
- 4 years ago
- Description
- Today we go behind the scenes in market operations here at the ECB.
The market floor is where our colleagues put our monetary policy decisions into practice.
In the last two Governing Council meetings we raised our key interest rates to bring inflation back to our 2% target [target emoji] Banks can deposit or borrow money at the ECB at those interest rates.
We also buy bonds. When we buy a bond from a bank, the bank in turn receives money on their ECB account.
Higher rates make it more expensive for banks to borrow from us, which in turn raises the rates people and firms have to pay on their loans.
This is one of the ways Isabel Schnabel and our colleagues in market operations contribute to our main task – keeping prices stable in the euro area.
Find out more info on this and other topics by visiting our website:
https://www.ecb.europa.eu/home/html/index.en.html
- Title
- ECB Annual Research Conference 11 Closing remarks
- Runtime
- 1:42
- Date posted
- 4 years ago
- Description
- Title
- Seventh ECB Annual Research Conference - day two | Debate
- Runtime
- 1:02:26
- Date posted
- 4 years ago
- Description
- Debate: The outlook for inflation in the euro area
Paul R. Krugman, Graduate Center, City University of New York
Lawrence H. Summers, Kennedy School of Government, Harvard University
Moderator: Beatrice Weder Di Mauro, Geneva Graduate Institute, President of the Centre for Economic Policy Research
- Title
- What did we decide in our latest monetary policy decisions? – September 2022 #shorts
- Runtime
- 1:00
- Date posted
- 4 years ago
- Description
- What is the ECB doing to tackle inflation?
We raised our key interest rates by 0.75 percentage points earlier this week. It is the biggest rate hike in our history. And more steps will follow to bring inflation back to our 2% target.
Our colleague Tom talks about the decision and explains what’s going on in the economy at the moment.
If you want to know more, click the link below:
https://www.ecb.europa.eu/press/pressconf/visual-mps/2022/html/mopo_statement_explained_september.en.html
- Title
- Concluding remarks and closing of the conference
- Runtime
- 27:19
- Date posted
- 4 years ago
- Description
- Chiara Zilioli, Director General Legal Services, European Central Bank
- Title
- Welcome address – day 2
- Runtime
- 1:47
- Date posted
- 4 years ago
- Description
- Chiara Zilioli, Director General Legal Services, European Central Bank
- Title
- Welcome address and opening of the Conference | day 1
- Runtime
- 34:17
- Date posted
- 4 years ago
- Description
- Chiara Zilioli, Director General Legal Services, European Central Bank
- Title
- Seventh ECB Annual Research Conference - day two | Session IV-2
- Runtime
- 59:51
- Date posted
- 4 years ago
- Description
- The effect of macroeconomic uncertainty on household spending
Chair: Philipp Hartmann, European Central Bank
Dimitris Georgarakos, European Central Bank (together with Olivier Coibion, University of Texas at Austin, Yuriy Gorodnichenko, University of California, Berkeley, Geoff Kenny, European Central Bank, and Michael Weber, Booth School of Business, University of Chicago)
Discussant: Jeanne Commault, Sciences Po
- Title
- Seventh ECB Annual Research Conference - Day Two
- Runtime
- 7:17:16
- Date posted
- 4 years ago
- Description
- This is the seventh edition of the Annual Research Conference, the ECB’s flagship research event. The conference features research paper presentations by leading economists on topics relevant for a central bank. The highlight is the Jean Monnet Lecture, delivered this year by Nobel laureate Jean Tirole.
- Title
- Seventh ECB Annual Research Conference - day two | Session IV-1
- Runtime
- 1:00:31
- Date posted
- 4 years ago
- Description
- What can time-series regressions tell us about policy counterfactuals?
Chair: Philipp Hartmann, European Central Bank
Alisdair McKay, Federal Reserve Bank of Minneapolis (together with Christian K. Wolf, Massachusetts Institute of Technology)
Discussant: Daniel J. Lewis, University College London
- Title
- Seventh ECB Annual Research Conference - Day two | Session III-2
- Runtime
- 58:55
- Date posted
- 4 years ago
- Description
- A model of the data economy
Chair: Massimo Rostagno, European Central Bank
Maryam Farboodi, Sloan School of Management, Massachusetts Institute of Technology (together with Laura Veldkamp, Graduate School of Business, Columbia University)
Discussant: Edouard Schaal, CREI and Universitat Pompeu Fabra
- Title
- Seventh ECB Annual Research Conference - Day two - Session III-1
- Runtime
- 59:48
- Date posted
- 4 years ago
- Description
- Monetary policy in the age of automation
Chair: Massimo Rostagno, European Central Bank
Luca Fornaro, CREI and Universitat Pompeu Fabra (together with Martin Wolf, University of St. Gallen)
Discussant: Morten O. Ravn, University College London
- Title
- Seventh ECB Annual Research Conference - Interview Jean Tirole
- Runtime
- 2:29
- Date posted
- 4 years ago
- Description
- Jean Tirole, Toulouse School of Economics
- Title
- Seventh ECB Annual Research Conference - Day one | Jean Monnet Lecture
- Runtime
- 1:05:21
- Date posted
- 4 years ago
- Description
- Regulating the tech giants: Competition policy at a crossroad
Jean Tirole, Toulouse School of Economics
- Title
- Seventh ECB Annual Research Conference - Day one I Session II
- Runtime
- 57:17
- Date posted
- 4 years ago
- Description
- The reserve supply channel of unconventional monetary policy
Chair: Luc Laeven, European Central Bank
Yiming Ma, Graduate School of Business (together with William Diamond, Wharton School, University of Pennsylvania, and Zhengyang Jiang, Kellogg School of Management, Northwestern University)
Discussant: Agnese Leonello, European Central Bank
- Title
- Seventh ECB Annual Research Conference - Day one | Session I-2
- Runtime
- 58:40
- Date posted
- 4 years ago
- Description
- Temporary layoffs, loss-of-recall, and cyclical unemployment dynamics
Chair: Christiane Nickel, European Central Bank
Antonella Trigari, Bocconi University (together with Mark Gertler, New York University, and Christopher Huckfeldt, Cornell University)
Discussant: Fabien Postel-Vinay, University College London and Institute for Fiscal Studies
- Title
- Seventh ECB Annual Research Conference - Day one | Session I
- Runtime
- 1:01:04
- Date posted
- 4 years ago
- Description
- Price selection in the microdata
Chair: Christiane Nickel, European Central Bank
Peter Karadi, European Central Bank (together with Raphael Schoenle, Brandeis University, and Jesse Wursten, Katholieke Universiteit Leuven)
Discussant: Francesco Lippi, Einaudi Institute for Economics and Finance
- Title
- Seventh ECB Annual Research Conference - Day one | Welcoming remarks
- Runtime
- 15:08
- Date posted
- 4 years ago
- Description
- Isabel Schnabel, Member of the Executive Board, European Central Bank
