2024 Money and Banking
Conference
Fiscal Deficits, Monetary Policy
and Inflation
AGENDA
Monday, October 14th
|
09:30am-10:00am OPENING REMARKS [In Spanish]
Santiago Bausili | Governor, BCRA Watch video | Watch video in Spanish |
| 10:00am-11:30am CENTRAL BANKS’ PERSPECTIVES
The impact of fiscal policy on the global monetary cycle [In English] Neel Kashkari | President, Federal Reserve Bank of Minneapolis Pablo Hernández de Cos | Former Governor, Banco de España Chair | Santiago Bausili Watch video | Watch video in Spanish Download Neel Kashkari´s Presentation Download Pablo Hernandez de Cos´s Presentation |
| 11:30am-01:00pm ECONOMISTS' EXPECTATIONS ON ARGENTINE STABILIZATION
The role of fiscal, monetary and exchange rate policy [In Spanish] Ricardo Héctor Arriazu | Founding Partner, Arriazu Macroanalistas Gustavo Cañonero | President, CMF Asset Management & Former Deputy Governor, BCRA Rafael Di Tella | Fellow, Harvard University y Profesor, UTDT Chairs | Vladimir Werning y Federico Furiase Watch video Download Ricardo Héctor Arriazu´s Presentation Download Gustavo Cañonero´s Presentation Download Gustavo Rafael Di Tella´s Presentation |
|
01:00pm-03:00pm Break
|
| 03:00pm-04:00pm ACADEMY REFLECTIONS ON "QUASI-FISCAL DOMINANCE"
From Cagan to Ramsey: optimal monetary policy under exchange controls [In Spanish] Iván Werning | Robert M. Solow Professor of Economics, MIT & Fellow, NBER Chairs | Mauro Alessandro y Sebastián Katz Watch video Download Iván Werning´s Presentation |
| 04:00pm-05:30pm EXPERIENCIES IN ECONOMIC STABILIZATION / PANEL I: BRAZIL AND ISRAEL
The challenges of deindexation and the pathway to exchange rate flexibility [In English] Gustavo Franco | Partner & Senior Advisor, RBI & Former Governor, Banco Central do Brasil Leonardo Leiderman | Professor, Tel Aviv University & Former Senior Director of Research Department, Bank of Israel Chairs | Mauro Alessandro y Sebastián Katz Watch video Download Gustavo Franco´s Presentation Download Leonardo Leiderman´s Presentation |
| 05:30pm-06:30pm ACADEMY REFLECTIONS ON "FINANCIAL DOMINANCE"
External debt: recurring restructurings, extended litigation and exchange controls [In English] Gregory Makoff | Senior Fellow, Harvard Kennedy School & author of the book “Default: The Landmark Court Battle over Argentina’s $100 Billon Debt Restructuring” Chairs | Santiago Bausili y Vladimir Werning Watch video Download Gregory Makoff´s Presentation |
Tuesday, October 15th
| 09:30am-11:00am INTERNATIONAL CREDIT MARKET EXPECTATIONS
Interest rate cycle in the age of QE monetary policy [In Spanish] Claudio Irigoyen | Chief Economist, Bank of America Graham Stock | Senior Sovereign Strategist of Emerging Markets, Blue Bay AM Thomas Smith | Portfolio Manager, MetLife Investment Management Chairs | Vladimir Werning and María Fernanda Martijena Watch video Download Claudio Irigoyen´s Presentation Download Thomas Smith´s Presentation |
| 11:00am-12:30pm EXPERIENCIES IN ECONOMIC STABILIZATION / PANEL II: PERU AND URUGUAY
The challenges of stabilization in bi-monetary economies [In Spanish] Adrián Armas | Chief Economist, Central Reserve Bank of Peru Gerardo Licandro | Economic Advisory Manager, Central Bank of Uruguay Chairs | Mauro Alessandro y Sebastián Katz Watch video Download Adrián Armas´s Presentation Download Gerardo Licandro´s Presentation |
| 12:30pm-01:30pm ACADEMY REFLECTIONS ON "FISCAL DOMINANCE"
Unpleasant monetary arithmetic: Latin America´s graduates and failures [In Spanish] Juan Pablo Nicolini | Senior Research Economist, Federal Reserve Bank of Minneapolis; Professor, UTDT & co-editor (with Timothy J. Kehoe) of the book “Monetary and Fiscal History of Latin America, 1960-2017” Chair | Vladimir Werning Watch video Download Juan Pablo Nicolini´s Presentation |
|
01:30pm-03:30pm Break
|
| 03:30pm-05:00pm IMPULSES FOR THE TRANSFORMATION OF THE ARGENTINE FINANCIAL SYSTEM
Credit to the private sector: perspectives of a "crowding in" cycle [In Spanish] Fabián Kon | CEO, Banco Galicia Jorge Bledel | CEO, BBVA Argentina Osvaldo Giménez | CEO, Mercado Pago Chairs | Juan Curutchet y Nicolás Ferro Watch video |
| 05:00pm-05:30pm ACKNOWLEDGMENTS AND CONCLUSIONS [In Spanish] Vladimir Werning | Deputy Governor, BCRA Watch video Download Vladimir Werning´s Presentation |
| 05:30pm-06:30pm SPEECH BY THE PRESIDENT OF ARGENTINA [In Spanish] Javier Milei | President of Argentina Watch video |
SPEAKERS
