CNB Research Open Day 2022
Monday, 23 May 2022
Czech National Bank’s Commodity Exchange (Plodinová burza) building, Senovážné nám. 30, Prague 1
The Czech National Bank’s Research Open Day will provide you with an opportunity to see some of the best of the CNB’s current economic research work and to meet CNB researchers informally.
If the epidemic situation deteriorates, all participants registered to attend in person will be automatically moved online and will receive the Webex link.
Programme
Monday, 23 May 2022
All times are in Central European Summer Time.
| 08.30 | Registration & Morning Coffee Only for those physically present at the conference. |
| 09.00 | Opening Remarks Simona Malovaná, Director of Financial Research Division, Financial Stability Department, CNB Presentation (pdf, 242 kB) |
| 09.15 | Keynote Speech: Insights from the Prisma Network on Price Setting and Inflation Dynamics in the Euro Area Luca Dedola, ECB Presentation (pdf, 1.2 MB) |
| 10.00 | CNB Experience with Web Scrapped Data Jan Brůha, Director of Economic Research Division, Monetary Department, CNB Presentation (pdf, 736 kB) |
| 10.15 | Q&A |
| 10.30 | Break |
Session 1. Financial Stability. Chair: Zuzana Gric, CNB
| 11.00 | A Tale of Different Capital Ratios: How to Correctly Assess the Impact of Capital Regulation on Lending Simona Malovaná, Martin Hodula, Josef Bajzík, Zuzana Gric, all CNB Presentation (pdf, 1.8 MB) |
| 11.20 | Discussion Tomáš Havránek, Charles University, Prague Presentation (pdf, 156 kB) |
| 11.35 | Q&A |
| 11.45 | Interaction of Cyclical and Structural Systemic Risks: Insights from Around and After the Global Financial Crisis Martin Hodula, Jan Janků, Lukáš Pfeifer, all CNB Presentation (pdf, 1.8 MB) |
| 12.05 | Discussion Lev Ratnovski, IMF Presentation (pdf, 220 kB) |
| 12.20 | Q&A |
| 12.30 | Lunch |
Session 2. Monetary Policy. Chair: Volha Audzei, CNB
| 13.45 | Price Level Targeting with Imperfect Rationality: A Heuristic Approach Vojtěch Molnár, CNB Presentation (pdf, 659 kB) |
| 14.05 | Discussion Paul De Grauwe, London School of Economics and Political Science Presentation (pdf, 852 kB) |
| 14.20 |
Q&A |
| 14.30 | Keynote Speech: Trust and Monetary Policy Paul De Grauwe, London School of Economics and Political Science, Yuemei Ji, University College London Presentation (pdf, 5 MB) |
| 15.15 | Q&A |
| 15.25 | Holding the Economy by the Tail: Analysis of Short- and Long-run Macroeconomic Risks (Award for the best CNB research paper in 2021) Michal Franta, CNB, Jan Libich La Trobe University, Australia and VSB-Technical University of Ostrava, the Czech Republic Presentation (pdf, 2 MB) |
| 15.45 | Discussion Christian Matthes, Indiana University Bloomington Presentation (pdf, 2 MB) |
| 16.00 | Q&A |
| 16.10 | End of the Programme |
The programme of CNB Research Open Day 2022 can be downloaded also in pdf format (pdf, 633 kB).
Workshop organisers: Jan Brůha, Simona Malovaná, CNB
We would like to ask participants to observe the hygiene measures put in place to prevent the spread of COVID-19.