Programme for 28 August
Session one: Keynote 1
Session chair: Christie Smith (Electricity Authority)
Central bank mandates
Presented by: Jinill Kim (Korea University)
Session two: Understanding (wage) inflation
Session chair: Thomas Helbeing (International Monetary Fund)
Pass-through from short-term to long-term inflation expectations, and the anchoring of inflation expectations
Presented by: James Yetman (Bank for International Settlements)
Discussant: Karsten Chipeniuk (Reserve Bank of New Zealand)
Employer concentration and income growth in New Zealand
Presented by: Christopher Ball (Reserve Bank of New Zealand)
Discussant: Paul Cashin (International Monetary Fraud)
Session three: Frontiers in monetary policy modelling
Session chair: Odd Per Brekk (International Monetary Fund)
A demand theory of the price level
Presented by: Marcus Hagedorn (University of Oslo and CEPR)
Discussant: Yevgeniy Teryoshin (University of Nevada)
Inflation target uncertainty and monetary policy
Presented by: Yevgeniy Teryoshin (University of Nevada)
Discussant: Marcus Hagedorn (University of Oslo and CEPR)
Session four: Monetary - Fiscal interactions
Session chair: Murat Özbilgin (Reserve Bank of New Zealand)
Performance of simple interest rate rules subject to fiscal policy
Presented by: Nigel McClung (Bank of Finland)
Discussant: Joshua Aizenman (University of Southern California)
Inflation and exchange rate targeting challenges under fiscal dominance
Presented by: Joshua Aizenman (University of Southern California)
Discussant: Nigel McClung (Bank of Finland)
Programme for 29 August
Session five: Keynote two
Session chair: Chikahisa Sumi (International Monetary Fund)
Labour market
Presented by: Mary C. Daly (Federal Reserve Bank of San Francisco)
Session six: Inflation expectations
Session chair: Adam Richardson (Reserve Bank of New Zealand)
The impact of regime change on the influence of the central bank's inflation forecasts: Recent evidence from Japan
Presented by: Toshitaka Sekine (Bank of Japan)
Discussant: Thomas Helbling (International Monetary Fund)
Anchoring of Japanese inflation expectations
Presented by: Paul Cashin (International Monetary Fund)
Discussant: Christopher Ball (Reserve Bank of New Zealand)
Session seven: Panel discussion: Issues in monetary policy
Moderator: Yuong Ha (Reserve Bank of New Zealand)
Panelists: Christian Hawkesby (Reserve Bank of New Zealand), Marzunisham Bin Omar (Bank Negara Malaysia), James Yetman (Bank for International Settlements) and Michael D Patra (Reserve Bank of India)
Session eight: Panel discussion: Governance of central banks
Moderator: Odd Per Brekk (International Monetary Fraud)
Panelists: Geoff Bascand (Reserve Bank of New Zealand), Jonathan Kearns (Reserve Bank of Australia) and Toshitaka Sekine (Bank of Japan)