European Central Bank
Inflation: Drivers and Dynamics Conference 2021 - Session 3: Empirical models
- Title
- Inflation: Drivers and Dynamics Conference 2021 - Session 3: Empirical models
- Runtime
- 1:00:25
- Date posted
- 5 years ago
- Description
- Session 3: Empirical models
Chair: Ed Knotek, Federal Reserve Bank of Cleveland
Inflation at risk
Francesca Loria, Federal Reserve Board
David Lopez-Salido, Federal Reserve Board
Long-run Phillips curve is... a curve: the long-run output gap, inflation and monetary policy
Guido Ascari, University of Oxford
Paolo Bonomolo, De Nederlandsche Bank
Qazi Haque, The University of Adelaide
- Title
- Ask Andrea Enria at the online European Youth Event 2021
- Runtime
- 52:31
- Date posted
- 5 years ago
- Description
- Why are healthy banks essential for a strong Europe? How did we as banking supervisors respond to the pandemic? Supervisory Board Chair Andrea Enria answered these questions and more on 9 October during an online Q&A at the European Youth Event 2021 of the European Parliament.
- Title
- 2021 Edition of the Ieke van den Burg Prize
- Runtime
- 1:43:57
- Date posted
- 5 years ago
- Description
- Title
- Inflation: Drivers and Dynamics Conference 2021 - Policy panel
- Runtime
- 50:12
- Date posted
- 5 years ago
- Description
- Chair: Christiane Nickel, European Central Bank / Ed Knotek, Federal Reserve Bank of Cleveland
• Philip R. Lane, Member of the Executive Board, European Central Bank
• Loretta J. Mester, President and Chief Executive Officer, Federal Reserve Bank of Cleveland
Moderator: Sabrina Marggraf, ntv
- Title
- Highlights ECB Forum on Central Banking 2021
- Runtime
- 2:55
- Date posted
- 5 years ago
- Description
- The ECB held its Forum on Central Banking on 28 and 29 September 2021 in Frankfurt am Main, Germany. Claire Jones presents us with some highlights of the two-day forum, and invites us to find out more on the ECB website:
https://www.ecb.europa.eu/pub/conferences/ecbforum/html/index.en.html
- Title
- The ECB Podcast - What is behind current inflation spikes?
- Runtime
- 14:51
- Date posted
- 5 years ago
- Description
- What is causing the rise in inflation we are seeing at the moment? And which trends could have an impact on prices in the future?
In this episode of The ECB Podcast, our host Katie Ranger looks for answers to these questions in the discussions held at the 2021 ECB Forum on Central Banking.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 6 October 2021 and recorded on 4 October 2021.
In this episode:
01:32 – The economic recovery after the pandemic
How the world economy is doing after the slump in economic activity caused by the coronavirus pandemic and how this is affecting prices.
03:11 – Why has inflation been persistently low over the last ten years?
Different factors have contributed to low inflation, including more people entering the job market, slower wage growth and a reluctance to put up prices.
4:32 – Reasons ...
- Title
- ECB Forum on Central Banking 2021: Part 8 - Policy Panel
- Runtime
- 1:11:11
- Date posted
- 5 years ago
- Description
- Policy panel
Andrew Bailey, Governor, Bank of England
Haruhiko Kuroda, Governor, Bank of Japan
Christine Lagarde, President, European Central Bank
Jerome H. Powell, Chair, Board of Governors of the Federal Reserve System
Moderator: Alessandra Galloni, Editor-in-Chief, Reuters
- Title
- ECB Forum on Central Banking 2021: Part 7 - Panel 2: Monetary policy, employment and inequality
- Runtime
- 1:08:57
- Date posted
- 5 years ago
- Description
- Panel 2: Monetary policy, employment and inequality
Juan Dolado, Professor, Universidad Carlos III de Madrid
Antonella Trigari, Professor, Bocconi University
Gianluca Violante, Professor, Princeton University
Chair: Philip Lane, Member of the Executive Board, European Central Bank
- Title
- ECB Forum on Central Banking 2021: Part 6 - Climate policies and monetary policies in the euro area
- Runtime
- 1:06:19
- Date posted
- 5 years ago
- Description
- Climate policies and monetary policies in the euro area. With Warwick McKibbin, Professor, Australian National University (together with Beatrice Weder di Mauro, Professor, Graduate Institute, Geneva and Maximilian Konradt, PhD Student, Graduate Institute, Geneva)
Discussant: Anna Breman, Deputy Governor, Sveriges Riksbank
Chair: Frank Elderson, Member of the Executive Board, European Central Bank
- Title
- ECB Forum on Central Banking 2021: Part 5 - Productivity and business dynamics
- Runtime
- 1:03:24
- Date posted
- 5 years ago
- Description
- Productivity and business dynamics through the lens of COVID-19: the shock, risks and opportunities with Chiara Criscuolo, Head of Productivity Innovation and Entrepreneurship Division, Organisation for Economic Co-operation and Development
Discussant: John Van Reenen, Professor, London School of Economics
Chair: Luis de Guindos, Vice-President, European Central Bank
- Title
- Focus Session (virtual)
- Runtime
- 2:08:34
- Date posted
- 5 years ago
- Description
- TARGET2/T2S consolidation project. Status and actions ahead.
- Title
- President Christine Lagarde and Vice-President Luis de Guindos at the ECB marking #IDPD 2019
- Runtime
- 0:38
- Date posted
- 5 years ago
- Description
- President Christine Lagarde and Vice-President Luis de Guindos were delighted to join many colleagues in marking the International Day of Persons with Disabilities at an event hosted by the ECB’s DiversAbility Network on December 3rd, 2020.
The Network’s key message: together we need to create a working environment that is inclusive for all, and we need to involve persons with disabilities in decisions that affect them.
Many thanks to the Network for organising the event and to para table tennis players Beate Kopf and Laurence Taburet for visiting us and showing us how it’s done!
- Title
- ECB Forum on Central Banking 2021: Part 4 - Panel 1: The future of inflation
- Runtime
- 1:07:04
- Date posted
- 5 years ago
- Description
- Panel 1: The future of inflation
Charles Goodhart, Professor Emeritus, London School of Economics
Gita Gopinath, Economic Counsellor and Director of the Research Department, International Monetary Fund
Francesco Lippi, Professor, Luiss Guido Carli University
Chair: Isabel Schnabel, Member of the Executive Board, European Central Bank
- Title
- ECB Forum on Central Banking 2021: Part 3 - Corporate indebtedness and macroeconomic stabilisation
- Runtime
- 58:39
- Date posted
- 5 years ago
- Description
- Corporate indebtedness and macroeconomic stabilisation from a long-term perspective with Moritz Schularick, Professor of Economics, Sciences Po and University of Bonn
Discussant: Egon Zakrajšek, Senior Adviser, Monetary and Economic Department, Bank for International Settlements
Chair: Fabio Panetta, Member of the Executive Board, European Central Bank
- Title
- ECB Forum on Central Banking 2021: Part 2 - Corporate Insolvency Rules and Zombie Lending
- Runtime
- 1:01:23
- Date posted
- 5 years ago
- Description
- Corporate Insolvency Rules and Zombie Lending with Victoria Ivashina, Professor, Harvard Business School (together with Bo Becker, Professor, Stockholm School of Economics)
Discussant: Simeon Djankov, Director, Financial Markets Group, London School of Economics
Chair: Luis de Guindos, Vice-President, European Central Bank
- Title
- ECB Forum on Central Banking 2021: Part 1 - Introductory Speech by Christine Lagarde
- Runtime
- 31:27
- Date posted
- 5 years ago
- Description
- Christine Lagarde, President of the European Central Bank, opens up the ECB Forum on Central Banking with her introductory speech on 28 September, 2021.
- Title
- The ECB Podcast - Making monetary policy fit for today and beyond: the ECB strategy review
- Runtime
- 21:44
- Date posted
- 5 years ago
- Description
- Our inflation objective and how price changes are measured, employment, climate change… These are just some of the topics we’ve looked at during our strategy review, the outcome of which we revealed in July.
In this episode of The ECB Podcast, our host Katie Ranger discusses the review with Chief Economist Philip R. Lane.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 25 September 2021 and recorded on 20 September 2021.
In this episode:
00:10 – Our strategy review
What is behind our recent strategy review and why we carried it out now.
02:26 – The new price stability objective
Why we have adopted the new price stability objective of 2% and why it’s important that it is symmetrical, clear and understandable.
07:20 – How to measure inflation
Who measures inflation and how, and why home ownership costs should ...
- Title
- The ECB Podcast - Time to act now: results of the economy-wide climate stress test
- Runtime
- 29:28
- Date posted
- 5 years ago
- Description
- We at the ECB conducted our first economy-wide climate stress test this year. What are the results? And what do they mean for people, companies, and banks?
In this episode of The ECB Podcast, our host Katie Ranger discusses these questions with Vice-President Luis de Guindos and Irene Heemskerk, the head of our climate change centre.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 22 September 2021 and recorded on 9 September and 15 September 2021.
In this episode:
01:11 – Our first economy-wide climate stress test
How climate risks affect people, companies and banks in the euro area, how our climate stress test was carried out, and its main results.
11:24 – Our role as a central bank against climate change
How climate change affects both financial and price stability, and the actions foreseen in the climate action plan we revealed in...
- Title
- ECB Forum on Central Banking 2021
- Runtime
- 0:58
- Date posted
- 5 years ago
- Description
- This year’s ECB Forum on Central Banking takes place next week, on 28 and 29 September. Discussions will focus on future challenges for monetary policy.
The Forum will be webcast live – check out the programme: https://www.ecb.europa.eu/pub/conferences/html/20210928_ecb_forum_on_central_banking.en.html
- Title
- ECB Governing Council Press Conference - 10 June 2021
- Runtime
- 1:01:31
- Date posted
- 5 years ago
- Description
- ECB President Christine Lagarde explains the Governing Council's monetary policy decisions and answers questions from journalists at the Governing Council press conference held on 10 June 2021 at 14:30 CEST in Frankfurt am Main.
- Title
- ECB Strategy review press conference - 08 July 2021
- Runtime
- 59:41
- Date posted
- 5 years ago
- Description
- ECB President Christine Lagarde explains the Governing Council's decisions and answers questions from journalists at the Strategy Review press conference held on 8 July 2021 at 14:30 CET in Frankfurt am Main.
- Title
- ECB Governing Council Press Conference - 22 July 2021
- Runtime
- 56:49
- Date posted
- 5 years ago
- Description
- ECB President Christine Lagarde explains the Governing Council's monetary policy decisions and answers questions from journalists at the Governing Council press conference held on 22 July 2021 at 14:30 CEST in Frankfurt am Main.
- Title
- ECB Governing Council Press Conference - 09 September 2021
- Runtime
- 58:07
- Date posted
- 5 years ago
- Description
- ECB President Christine Lagarde explains the Governing Council's monetary policy decisions and answers questions from journalists at the Governing Council press conference held on 09 September 2021 at 14:30 CEST in Frankfurt am Main.
- Title
- Jean Monnet Lecture - Good economics for hard times | Sixth ECB Annual Research Conference
- Runtime
- 1:19:01
- Date posted
- 5 years ago
- Description
- by Esther Duflo, Massachusetts Institute of Technology
Chair: Isabel Schnabel, Member of the Executive Board, European Central Bank
- Title
- The ECB Podcast - A walk around the central banking wildlife park!
- Runtime
- 22:24
- Date posted
- 5 years ago
- Description
- Hawks, doves, owls, swans, bulls and bears … even ostriches. What connects these animals to central banking? How can they help us find our way around the world of economics and finance?
Our host Katie Ranger talks about these questions with communications advisor Gabriel Glöckler on The ECB Podcast.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 16 August 2021 and recorded on 29 June 2021.
In this episode:
1:40 – Why animal metaphors are used in central banking
How animal metaphors can help make central banking more accessible, what they mean and why they are used so often.
4:01 Hawks, doves and owls in monetary policy
How these two animal metaphors are used to describe policymakers’ attitudes towards monetary policy, what it means to make a hawkish or a dovish comment, and where the owl comes in.
9:22 – Black swans, green swans and unexpected even...
- Title
- ECB Financial Stability Review – May 2021
- Runtime
- 0:55
- Date posted
- 5 years ago
- Description
- The Financial Stability Review provides an overview of potential risks to financial stability in the euro area. It aims to promote awareness in the financial industry and among the public of euro area financial stability issues. It is published twice a year.
- Title
- The ECB Podcast - A conversation about female empowerment, an inclusive recovery and cooperation
- Runtime
- 56:59
- Date posted
- 5 years ago
- Description
- How can we foster the economic empowerment of women after the coronavirus crisis? And what role does transatlantic cooperation play in shaping a more inclusive recovery? Listen to ECB President Christine Lagarde, EU Commission President Ursula von der Leyen and US Secretary of the Treasury Janet Yellen talk about this and more in the latest episode of the ECB Podcast, hosted by Katie Ranger.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 15 July 2021 and recorded on 12 July 2021.
In this episode:
01:25 – Economic empowerment of women
Why economic empowerment of women is vital, where we stand in Europe and the United States on economic empowerment and gender equality, and what needs to be done to foster economic empowerment.
20:59 – Women amid the coronavirus crisis
How the coronavirus crisis has affected women and gender equality, how we can make the economic recove...
- Title
- How are people’s needs changing traditional banks?
- Runtime
- 1:16
- Date posted
- 5 years ago
- Description
- How is online user behaviour changing traditional banks?
Digitalisation in the banking sector has gained momentum since the coronavirus crisis started, and the pandemic has acted as a catalyst to speed up this process.
Banks are undergoing a digital transformation and we, as banking supervisors, make sure banks’ digital services are reliable and well governed.
- Title
- What should banks focus on in 2021 and beyond?
- Runtime
- 1:27
- Date posted
- 5 years ago
- Description
- Banks have weathered the first shock of the pandemic well, but what measures should they take once it is over?
- Title
- Civil Society Seminar Series: The outcome of the ECB’s strategy review
- Runtime
- 50:51
- Date posted
- 5 years ago
- Description
- In this seminar with civil society organisations, Director General Economics Frank Smets discusses the outcome of the ECB’s strategy review and why it matters for all European citizens.
- Title
- The ECB podcast-Bicycles, bitcoin and zombie firms:financial stability in the wake of the third wave
- Runtime
- 24:19
- Date posted
- 5 years ago
- Description
- What does financial stability have to do with cycling and zombies? How has the third wave of the pandemic affected the financial system? What risks lie ahead?
Our host Katie Ranger discusses these questions with our financial stability experts Tamarah Shakir and John Fell on The ECB Podcast.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 16 June 2021 and recorded on 1 June 2021.
In this episode:
00:58 – How the financial system has fared during the third wave
How the financial stability bicycle is doing, how stabilisers have helped to preserve financial stability, what the risks are that lie ahead during the recovery.
06:30 – Economic divergence across sectors and countries
Why countries and sectors were affected differently during the pandemic, why economic divergence is an issue for financial stability and why fiscal policy ...
- Title
- Financial constraints and spillovers | Symposium on “Climate change, finance and green growth”
- Runtime
- 11:21
- Date posted
- 5 years ago
- Description
- Real effects of climate policy: Financial constraints and spillovers at the ECB DG-Research Symposium “Climate change, financial markets and green growth”, on the 15th of June 2021.
Sohnke Bartram*, University of Warwick and CEPR
Kewei Hou, Ohio State University
Sehoon Kim, University of Florida
Discussant: Steven Ongena, University of Zurich
- Title
- On the effectiveness of climate policies | Symposium on “Climate change, finance and green growth”
- Runtime
- 40:28
- Date posted
- 5 years ago
- Description
- On the effectiveness of climate policies at the ECB DG-Research Symposium “Climate change, financial markets and green growth”, on the 15th of June 2021.
John Hassler, Institute for International Economic Studies, Stockholm University
Per Krussell, Institute for International Economic Studies, Stockholm University
Conny Olovsson*, Sveriges Riksbank
Michael Reiter, Institute for Advanced Studies (IHS), Vienna
Discussant: Emanuel Moench, Deutsche Bundesbank
- Title
- Adaptation in global supply-chain networks | Symposium on “Climate change, finance and green growth”
- Runtime
- 45:51
- Date posted
- 5 years ago
- Description
- Climate change and adaptation in global supply-chain networks at the ECB DG-Research Symposium “Climate change, financial markets and green growth”, on the 15th of June 2021.
Nora Pankratz, Maastricht University
Christoph Schiller*, Arizona State University
Discussant: Michael Koetter, Halle Institute for Economic Research (IWH)
- Title
- Macro effects of climate policy uncertainty |Symposium on “Climate change, finance and green growth”
- Runtime
- 43:24
- Date posted
- 5 years ago
- Description
- The macro effects of climate policy uncertainty at the ECB DG-Research Symposium “Climate change, financial markets and green growth”, on the 14th of June 2021.
Stephie Fried, Arizona State University
Discussant: Lena Boneva, European Central Bank
- Title
- Civil Society Seminar Series: The ECB’s retail payments strategy
- Runtime
- 46:44
- Date posted
- 5 years ago
- Description
- In this seminar with civil society organisations, Iddo de Jong from the ECB’s market infrastructure and payments team discusses the ECB’s retail payments strategy, including how the ECB ensures that payment services remain safe, reliable, quick, and easy to use.
Recording of the event that took place online on 15 June 2021.
- Title
- Pricing Poseidon | Symposium on “Climate change, finance and green growth”
- Runtime
- 39:26
- Date posted
- 5 years ago
- Description
- Pricing Poseidon: Extreme weather uncertainty and firm return dynamics at the ECB DG-Research Symposium “Climate change, financial markets and green growth”, on the 14th of June 2021.
Mathias Kruttli, Federal Reserve Board
Brigitte Roth Tran, Federal Reserve Board
Sumudu Watugala*, Cornell University
Discussant: Zacharias Sautner, Frankfurt School of Finance & Management
- Title
- Sustainable investing in equilibrium | Symposium on “Climate change, finance and green growth”
- Runtime
- 47:03
- Date posted
- 5 years ago
- Description
- Sustainable investing in equilibrium at the ECB DG-Research Symposium “Climate change, financial markets and green growth”, on the 14th of June 2021.
Lubos Pastor, University of Chicago
Robert Stambaugh, University of Pennsylvania
Lucian Taylor*, University of Pennsylvania
Discussant: Eugenie Dugoua, London School of Economics
- Title
- Focus session (virtual): TARGET2/T2S consolidation project
- Runtime
- 2:57:05
- Date posted
- 5 years ago
- Description
- https://www.ecb.europa.eu/paym/intro/events/html/fs11.en.html
- Title
- Moderated discussion | Symposium on “Climate change, finance and green growth"
- Runtime
- 1:15:54
- Date posted
- 5 years ago
- Description
- Moderated discussion on Climate change, climate policies and sustainable growth at the ECB DG-Research Symposium “Climate change, financial markets and green growth”, on the 14th of June 2021.
Diana Urge-Vorsatz, Central European University and Intergovernmental Panel on Climate Change
Michael Spence, Stanford University
Moderator: Martin Sandbu, Financial Times
- Title
- Welcome Address by Isabel Schnabel | Symposium on “Climate change, finance and green growth”
- Runtime
- 16:30
- Date posted
- 5 years ago
- Description
- From market neutrality to market efficiency
Welcome address by Isabel Schnabel, Member of the Executive Board of the ECB, at the ECB DG-Research Symposium “Climate change, financial markets and green growth”, on the 14th of June 2021
- Title
- Generation €uro Students' Award 2021
- Runtime
- 1:56:35
- Date posted
- 5 years ago
- Description
- The Generation €uro Students' Award is a competition open to secondary school students organised by the European Central Bank (ECB) and the euro area National Central Banks (NCBs). This year the European Award Event took place virtually for the first time, gathering students passionate about Economics and Finance from all over the euro area.
For further information, please visit the ECB website at:
https://www.ecb.europa.eu/ecb/educational/youth-initiatives/award/html/index.en.html
- Title
- The ECB podcast - Tackling climate change as a central bank
- Runtime
- 46:19
- Date posted
- 5 years ago
- Description
- How can we as a central bank contribute to tackling climate change? What's our role as a central bank and supervisor?
Our new host Katie Ranger discusses these questions with Executive Board members Isabel Schnabel and Frank Elderson in this episode of The ECB Podcast.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 12 May 2021 and recorded on 7 May 2021.
In this episode:
01:14 – Where we stand in the fight against climate change
What motivates our guests Isabel Schnabel and Frank Elderson to be vocal in the fight against climate change, what has been achieved so far and where we need to go from here.
13:10 – Legal aspects and the price stability mandate
What our price stability mandate tells us about our commitment to tackling climate change, and what our obligations and limitations are.
20:41 – What monetary po...
- Title
- ECB COVID-19 Webinar Series: Emily Oster - COVID & Schools: Short Term Risks, Long Term Consequences
- Runtime
- 57:08
- Date posted
- 5 years ago
- Description
- Emily Oster, Brown University, Thursday, 29 April, 16:00 CET
- Title
- ECB COVID 19 Webinars: John Van Reenen - The COVID Recovery and Beyond: Going for Growth
- Runtime
- 1:03:58
- Date posted
- 5 years ago
- Description
- John Van Reenen, MIT/LSE, Friday, 23 April, 15:00 PM CET.
- Title
- ECB Governing Council Press Conference - 22 April 2021
- Runtime
- 59:44
- Date posted
- 5 years ago
- Description
- ECB President Christine Lagarde explained the Governing Council's monetary policy decisions and answered questions from journalists during the Governing Council press conference held on 22 April 2021 at 14:30 CEST in Frankfurt am Main.
- Title
- ECB COVID 19 Webinars: Karestan Koenen (Harvard University) on COVID-19 and mental health
- Runtime
- 1:02:00
- Date posted
- 5 years ago
- Description
- Karestan Koenen, Professor of Psychiatric Epidemiology at Harvard University, talked about the impact of the COVID-19 pandemic and restrictions on mental health.
- Title
- ECB COVID 19 WEBINAR Peter Piot
- Runtime
- 1:00:09
- Date posted
- 5 years ago
- Description
- Title
- Climate change in Europe
- Runtime
- 5:17
- Date posted
- 5 years ago
- Description
- ECB President Christine Lagarde addresses in her speech at the conference “Investing in Climate Action – the make or break decade” organised by the European Investment Bank and the European Commission what steps are needed to support an orderly transition to a greener economy.
- Title
- Philip R. Lane in conversation with economics students
- Runtime
- 24:58
- Date posted
- 5 years ago
- Description
- Chief Economist Philip R. Lane received the Thomas Kettle Award from University College Dublin’s Economics Society on 22 March 2021. Mr Lane spoke with students about his work and offered advice for those interested in a career in economics.

