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Norges Bank Symposium

What is a useful central bank?

18 November 2010, Norges Bank

Programme committee: Sigbjørn A. Berg, Øyvind Eitrheim, Jan F. Qvigstad and Marius Ryel

Programme

8:30 – 9:00 Registration, Coffee and biscuits

Opening Session

9:00 – 9:15 Words of welcome Jan F. Qvigstad, Deputy Governor, Norges Bank

Session I: Historical perspectives on central banking

Chair: Øyvind Eitrheim 

9:15 – 10:00 Long term perspectives, Michael D. Bordo, Rutgers University

Paper (pdf)

Presentation (ppt)

10:00 – 10:45 Lessons from the interwar years, Gianni Toniolo, Duke University

Paper (pdf)

Presentation (ppt)

Coffee Break 10:45 – 11:15 

Session II: Perspectives from the emerging economies

Chair: Sigbjørn Atle Berg

11:15 – 12:00  Challenges in developing financial markets, Zeti Akhtar Aziz, Governor, Central Bank of Malaysia

Paper (pdf)

Lunch Ground floor (“Speilhallen“) 12:00 – 13:00 

Session III: Central banking: Theory and practice

Chair: Marius Ryel

13:00 – 13:45 Fiscal dominance, the long-term interest rate and central banks, Philip Turner, BIS

Paper (pdf)

13:45 – 14:30 Challenges for design and governance, Stefan Ingves, Governor, Sveriges Riksbank

Presentation (ppt)

Coffee Break 14:30 – 15:00 

Panel session: Where do central banks go from here?

Moderator: Stefan Gerlach, IMFS Goethe University of Frankfurt

15:00 – 17:00 Panelists:

  • Michael D. Bordo, Professor, Rutgers University Presentation (ppt)
  • Stanley Fischer, Governor, Bank of Israel
  • Philipp Hildebrand, Governor, Swiss National Bank
  • Lars E. O. Svensson, Deputy Governor, Sveriges Riksbank Presentation (ppt)

  

Closing Session

17:00 Final remarks, Svein Gjedrem, Governor, Norges Bank

 

Conference e-mail:


 

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