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2025 – 12th edition

TUESDAY May 20 2025
08.30 - 08.50Registration
08.50 - 09.00Welcome remarks
FIRST SESSION
09.00 - 09.50 When does Monetary Policy Matter? The Life-Cycle of Policy Expectations
Sylvérie Herbert, Banque de France
; P. Hubert, M. Lé
09.50 - 10.40What Drives Policy Rate Expectations? Evidence from the Post-pandemic Cycle
Luca Baldo, Banca d’Italia
; M. Bernardini
10.40 - 11.00Coffee break
SECOND SESSION
11.00 - 11.50Households' Subjective Expectations: Disagreement, Common Drivers, and Reaction to Aggregate Shocks
Clodomiro Ferreira, Banco de España
; S. Pica
11.50 - 12.40Beware of Large Shocks! A Non-parametric Structural Inflation Model
Catalina Martínez Hernández, European Central Bank
; E. Bobeica, S. Holton, F. Huber
12.40 - 14.30Lunch + Poster session I
THIRD SESSION
14.30 - 15.20Nonlinearities of Monetary Policy across States of Price Rigidity
Pascal Seiler, ETH Zurich
15.20- 16.10Endogenous Business Cycles with Small and Large Firms
Mark Weder, Aarhus University
; Q. Haque, O. Pavlov
16.10 - 17.25Coffee break + Poster session II
FOURTH SESSION
17.25 - 18.15IThe Pass-through of Currency Risk Premia
Paulo Santos Monteiro, University of York; L. Juvenal
20.00Conference dinner (Lepelblad, Onderbergen 40, 9000 Ghent
WEDNESDAY May 21 2025
08.45 - 09.00Coffee
FIFTH SESSION
09.00 - 09.50Monetary Policy, the Bank-lending Channel and Labor Market Adjustment of Firms
Ahmet Ali Taskin, Institute for Employment Research; A. Balleer, B. Gehrke, M. Noeller
09.50 - 10.40Collateral Requirements and Delinquency Rates in a Two-Agent New Keynesian Model
Aicha Kharazi, University of Exeter; F. Ravazzolo
10.40 - 11.00Coffee break
SIXTH SESSION
11.00 - 11.50The Response of Debtors to Rate Changes
Philip Schnorpfeil, Goethe University Frankfurt; A. Fuster, V. Gianinazzi, A. Hackethal, M. Weber
11.50 - 12.40Savings and Consumption Responses to Persistent Income Shocks
Brian E. Higgins, Stockholm University;T. O’Malley, F. Yao
12.40 - 14.00Closing lunch
Julia JesionekMortgage MoratoriaGhent University
Hamed Zakaria MzoutiA Multisector TANK-IO model: the heterogeneity in the production economy matters for inequalityUniversity of Liège
Arthur CallebautPrice-Cost Markups and the U.S. Business Cycle: New Evidence from Firm-Level DataGhent University
Clara KrauseForecasting Regional Economic ActivityLeibniz Institute for Economic Research
Tobias VerlaecktMortgage refinancing and household consumptionGhent University
Stylianos ZlatanosDemand and supply shocks over the business cycleKing’s Business School
Nikolaos KoutounidisOil Price Shock and the US Economy: The Role of State Heterogeneity in Shale Oil & Gas ProductionGhent University
Martin GroissMonetary Policy, Property Prices and Rents: Evidence from Local Housing MarketsUniversität Duisburg-Essen
Arthur ApostelBelgian wealth inequality, 1935-2022. Evidence from inheritance and gift taxationGhent University
Gazi KabaşGiving up on the Home? How Down Payment Requirements Shape Consumption and SavingTilburg University
Marta Maria PisaGlobal Agricultural Commodity Prices and the Role of InventoriesGhent University
Monika De RidderSurge in post-pandemic inflation: the role of food and energy shocks.Ghent University
Deasy AriyantiLoan-to-Value Policy Impact and Regional Dependence in Southeast AsiaGhent University & Central Bank of Indonesia
Thomas LebbePublic Investment or Subsidies? Fiscal Trade-Offs in the Energy TransitionGhent University
Pablo Vicente Pastor Y CamarasaBeyond the Headlines: Measuring Monetary Policy Uncertainty from Bank Earnings Calls’Ghent University