CNB to hold annual Research Open Day in May

The Czech National Bank will hold its Research Open Day, an annual meeting of leading Czech and international economists, on 27 May 2019. This year’s guest of honour will be the Chairman of JPMorgan Chase International Jacob Frenkel, who will give the keynote speech.

The CNB Board Awards for the Best Papers in 2018 will be officially presented at the event. The awards will go to Lukáš Pfeifer and Martin Hodula for their paper A Profit-to-Provisioning Approach to Setting the Countercyclical Capital Buffer: The Czech Example and Tibor Hlédik and Jan Vlček for their study Quantifying the Natural Rate of Interest in a Small Open Economy – The Czech Case. Both papers are highly relevant to the CNB and have been used in discussions about the central bank’s policy settings.

An important guest at this year’s Research Open Day will be Jacob Frenkel, Chairman of JPMorgan Chase International and former Governor of the Bank of Israel. Mr Frenkel will give the keynote speech Central Banking and the Global Economy. Other papers by CNB researchers – Balance Sheet Implications of the Czech National Bank’s Exchange Rate Commitment, Non-base Wage Components as a Source of Wage Adaptability to Shocks and The Effect of Higher Capital Requirements on Bank Lending – will be presented in thematic sessions. A detailed programme of the event is available on the CNB website.

The Research Open Day will be held at the CNB’s Congress Centre in the former Commodity Exchange on Senovážné Square. Participants are required to register for the event by 15 May 2019 using the registration form on the CNB website. Registration closed.

The Czech National Bank this year celebrates the 100th anniversary of the introduction of the Czechoslovak currency and its monetary unit the koruna (or crown). To mark this occasion, it is holding an economic conference The Future of Monetary Policy: What Can We See as the Dust Has Settled? a week before the Research Open Day. The conference will be attended by high-level central bank representatives from countries that also use a currency called the crown.

Markéta Fišerová
Director of the Communications Division and CNB Spokesperson