ESCB ChaMP Research Network

Session 1

Chair: Emmanuel Dhyne (Nationale Bank van België/Banque Nationale de Belgique)

What drives core inflation? The role of supply shocks

Marta Banbura*, Elena Bobeica and Catalina Martínez Hernández (all European Central Bank)

The Effect of Monetary Policy on Resource Reallocation

Jaanika Meriküll* (Eesti Pank), Alari Paulus (Eesti Pank), Matthias Rottner (BIS)

Effects of Monetary Policy on Labour Income: the Role of the Employer

Alina Bobasu* (European Central Bank), Amalia Repele (Stockholm University)

Session 2

Chair: Gonzalo Paz-Pardo (European Central Bank)

Pro-Cyclical Emissions and Optimal Monetary Policy

Matthias Kaldorf* (Deutsche Bundesbank) and Francesco Giovanardi (Prometeia, Italy)

Price stickiness along the production chain

Daniele Verdini* (Nationale Bank van België/Banque Nationale de Belgique), Emmanuel Dhyne (Nationale Bank van België/Banque Nationale de Belgique), Luc Laeven (European Central Bank)

Presentation on cross-country project on monetary policy shocks, structural transformation and production networks: a multi-country analysis

Alberto Palazzolo* (Université Libre de Bruxelles)

Session 3

Chair: María T. Valderrama, Oesterreichische Nationalbank

Discretionary Spending is the Cycle, and Why it Matters for Monetary Policy

Paolo Surico* (London Business School)