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CNB Research Open Day 2018
Monday, 21 May 2018
Czech National Bank’s Commodity Exchange (Plodinová burza) building, Senovážné nám. 30, Prague 1
Programme
| 8:30 | Registration & Morning Coffee |
| 9:00 | Welcome Address: Jiří Rusnok, Governor, CNB |
| 9:05 | CNB Research in 2018 by Jan Brůha, Director of Economic Research Division, Monetary Department, CNB Presentation (pdf, 902 kB) |
| 9:15 | Keynote Speech: Perspectives of European Monetary Policy by Ewald Nowotny, Governor, National Bank of Austria Presentation (pdf, 484 kB) |
| 9:45 | Q&A |
| 10:00 | Coffee Break |
| Session 1. Chair: Jan Babecký, CNB | |
| 10:30 | Credit Constraints and Creditless Recoveries: An Unsteady State Approach by Alexis Derviz, CNB Presentation (pdf, 866 kB) |
| 10:50 | Discussion: Massimiliano Pisani, Bank of Italy Presentation (pdf, 389 kB) |
| 11:05 | Q&A |
| 11:15 | System Priors for Econometric Time Series by Michal Andrle, IMF and Miroslav Plašil, CNB Presentation (pdf, 808 kB) |
| 11:35 | Discussion: Konstantinos Theodoridis, Cardiff University Presentation (pdf, 204 kB) |
| 11:50 | Q&A |
| 12:00 | Lunch |
| Session 2. Chair: Michal Hlaváček, CNB | |
| 13:15 | Longer-term Yield Decomposition: An Analysis of the Czech Government Yield Curve by Adam Kučera, Michal Dvořák, Luboš Komárek, Zlatuše Komárková, CNB Presentation (pdf, 1 MB) |
| 13:35 | Discussion: Anna Kosior, National Bank of Poland Presentation (pdf, 919 kB) |
| 13:50 | Q&A |
| 14:00 | What Drives Distributional Dynamics of Client Interest Rates on Consumer Loans in the Czech Republic? A Bank-level Analysis by Václav Brož and Michal Hlaváček, CNB Presentation (pdf, 2.2 MB) |
| 14:20 | Discussion: Balázs Égert, OECD |
| 14:35 | Q&A |
| 14:45 | Coffee Break |
| Session 3. Chair: Volha Audzei, CNB |
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| 15:00 | CNB Board Award for the Best Paper in 2017 |
| 15:10 | An Exchange Rate Floor as an Instrument of Monetary Policy: An Ex-post Assessment of the Czech Experience by Jan Brůha, Jaromír Tonner, CNB Presentation (pdf, 157 kB) |
| 15:25 | Q&A |
| 15:35 | Banks’ Capital Surplus and the Impact of Additional Capital Requirements by Simona Malovaná, CNB Presentation (pdf, 184 kB) |
| 15:50 | Q&A |
| 16:00 | End of the Programme |
The programme of CNB Research Open Day 2018 can be downloaded also in pdf format (pdf, 242 kB).
Registration closed.