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Research Seminars

The Research Centre organises a range of events for Bundesbank researchers. Usually there is a seminar every Wednesday from 11 to 12:15 PM.

Upcoming Seminars

Lukas Schmid (University of Southern California)
10.12.2025
Camille Landais (LSE)
17.12.2025

Research Seminars 2025

Expectation and Wealth Heterogeneity in the Macroeconomy
Kathrin Schlafmann (Copenhagen Business School)
Lending by Servicing: Monetary Policy Transmission through Shadow Banks
Isha Agarwal (University of British Columbia)
The Dynamics of Deposit Flightiness and its Impact on Financial Stability
Yiming Ma (Columbia Business School)
Bootstrapping out-of-sample predictability tests with real-time data
Michael McCracken (Fed St. Louis)
A New Theory of Credit Lines (with Evidence)
Giorgia Piacentino (Marshall School of Business)
Work from Home and Long-Distance Migration
Alexander Bick (Fed St. Louis)
Upgrading Credit Pricing and Risk Assessment through Embeddings
Motohiro Yogo (Princeton University)
Smooth Diagnostic Expectations
Francesco Bianchi (Johns Hopkins University)
Demandable debt without liquidity insurance
Agnese Leonello (ECB)
Steering Technological Progress
Anton Korinek (University of Virginia)
A Theory of How Workers Keep Up With Inflation
Hassan Afrouzi (Columbia University)
Bank fragility and the incentives to manage risk
Toni Ahnert (ECB)
Bank fragility and the incentives to manage risk
Pablo A Guerron (Boston College)
The Experience Formation Mechanism
Zeno Enders (Universität Heidelberg)
AI-Powered Trading, Algorithmic Collusion, and Price Efficiency
Itay Goldstein (Wharton School, University of Pennsylvania)
Generative AI at Work
Lindsey Raymond (Microsoft Research)
Rethinking Stock Market Participation: A Qualitative Approach
Michalis Haliassos (Goethe University Frankfurt)
Setting the Wrong Price for the Right Reasons: Implications of Mispricing for Inflation and Monetary Policy
Luminata Stevens (University of Maryland)
The Making of (Modern) Banks
Lucy White (Boston University)
Monetary Policy without an Anchor
Luigi Bocola (Stanford)
Household behavior below the zero lower bound
Sonja Settele (University of Cologne)
Aggregation, Liquidity, and Asset Prices with Incomplete Markets
Pablo Kurlat (University of Southern California)
The Response of Debtors to Rate Changes
Andreas Fuster (Swiss Finance Institute)

Research Seminars 2024

Trading with Dictators
Alexander Popov (ECB)
Distorted Prices and Targeted Taxes in the New Keynesian Network Model
Gernot Müller (Universität Tübingen)
The Inflation Accelerator
Corina Boar (New York University)
The impact of interest: Firms' investment sensitivity to interest rates
Benjamin Born (Frankfurt School of Finance & Management)
Deep uncertainty quantification: with an application to integrated assessment model
Simon Scheidegger (HEC Lausanne)
A Perturbational Approach for Approximating Heterogeneous Agent Models
Mikhail Golosov (The University of Chicago)
Nonbank Fragility in Credit Markets: Evidence from a Two-Layer Asset Demand System
Olivier Darmouni (Columbia Business School)
A Monetary/Fiscal Theory of Sudden Inflations
Marco Bassetto (Federal Reserve Bank of Minneapolis)
Deficits and Inflation: HANK meets FTPL
Christian Wolf (MIT)
Improving Market-Based Systemic Risk Measures
Fred Malherbe (UCL)
Credit Access and Market Access: Evidence from a Portuguese Credit Guarantee Scheme
Claudia Custodio (Imperial College London)
HANK's Response to Aggregate Uncertainty in an Estimated Business Cycle Model
Cosmin Ilut (Duke University)
Paradoxes and Problems in the Causal Interpretation of Equilibrium Economics
Keshav Dogra (Federal Reserve Bank of New York)
The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory
Francesco Zanetti (University of Oxford)
Job ladder and wealth dynamics in general equilibrium
Leo Kaas (Goethe University Frankfurt)
Wealth and Its Distribution in Germany, 1895-2018
Charlotte Bartels (DIW)
Output Concerns and Precautionary Savings in Emerging Markets' Debt and Reserve Accumulation
Sang Seok Lee (Bilkent University)
Destabilizing Digital 'Bank Walks'
Luigi Zingales (University of Chicago)
Cross-Country Asset Price Spillovers of Climate Transition Risk
Galina Hale (UC Santa Cruz)
Consumption Inequality in the Digital Age
Katja Mann (CBS)
Large Granular Shocks, Endogenous Price Rigidity and Monetary Policy
Mishel Ghassibe (CREi / Barcelona School of Economics)
Tell Me Something I Don’t Already Know: Learning in Low and High-Inflation Settings
Michael Weber (Chicago Booth)
Climate Risk, Bank Lending and Monetary Policy
Marco Pagano (University of Naples Federico II)
Demographics, Wealth, and Global Imbalances in the Twenty-First-Century
Adrien Auclert (Stanford University)

Research Seminars 2023

Market Power in the Securities Landing Market
Christian Opp (University of Rochester)
Gender Differences in Financial Advice
Christine Laudenbach (SAFE)
Better the Devil You Know: Improved Forecasts from Imperfect Models
Andrew Patton (Duke University)
CBDC and the operational framework of monetary policy
Galo Nuño Barrau (Banco de Espana)
Whatever It Takes? Market Maker of Last Resort and its Fragility
Tanju Yorulmazer (Koc University)
Inflation is Conflict
Ivan Werning (MIT Department of Economics)
Inflation Literacy, Inflation Expectations, and Trust in the Central Bank: A Survey Experiment
Lena Dräger (Leibniz University Hannover)
The Relationship Between Inflation and the Distribution of Relative Price Changes
Alex Wolman (Federal Reserve Bank of Richmond)
Taxing Capital in a Globalized World: The Effects of Automatic Information Exchange
Niels Johannesen (University of Copenhagen)
Stablecoin Regulation
Francesca Carapella (Federal Reserve Board Washington)
Uniform Rate Setting and the Deposit Channel
Juliane Begenau (Stanford Graduate School of Business)
Payment Firms, Cryptocurrencies, and CBDCs
Tobias Berg (Goethe University)
The Macroeconomics of Supply Chain Disruptions
Alireza Tahbaz-Salehi (Northwestern University)
Hours Worked and Lifetime Earnings Inequality
Alexander Bick (Federal Reserve Bank of St. Louis)
Algorithmic Pricing and Liquidity in Securities Markets
Jean Edouard Colliard (HEC Paris)
Mental Models of the Stock Market
Peter Andre (Behavior and Inequality Research Institute GmbH)
The Signaling Effects of Fiscal Announcements
Francesco Zanetti (University of Oxford)
Passive Monetary Policy and Active Fiscal Policy in a Monetary Union
Bartosz Maćkowiak (European Central Bank)
The Quality-Adjusted Cyclical Price of Labor
Mark Bils (University of Rochester)
The Financial Channel of Wage Rigidity
Benjamin Schoefer (University of California, Berkeley)
Unintended Consequences of Holding Dollar Assets
Robert Czech (Bank of England)
Efficiency in Household Decision Making: Evidence from the Retirement Savings of U.S. Couples
Cormac O’Dea (Yale University)
Social Media as a Bank Run Catalyst
Tony Cookson (University of Colorado, Leeds School of Business)
Breaks in the Phillips Curve: Evidence from Panel Data
Allan Timmermann (University of California, San Diego)
Why Aging Induces, Deflation and Secular Stagnation
Anton Braun (Federal Reserve Bank of Atlanta)
Real Rigidities, Firm Dynamics and Monetary Non-Neutrality: Role of Demand Shocks
Boragan Aruoba (University of Maryland)
Housing Wealth Inequality and Mortgage Market Stimulus
Neeltje van Horen (Bank of England)
The Great Carbon Arbitrage
Alissa M. Kleinnijenhuis (Stanford University, Stanford, CA)
Optimal Monetary Policy in a Two-Sector Environmental DSGE Model
Oliver Holtemöller (Institut für Wirtschaftsforschung Halle)
Endogenous Technology, Scarring and Fiscal Policy
Michaela Elfsbacka Schmöller (Bank of Finland)

Research Seminars 2022

Is History Repeating Itself? The (Un)predictable Past of ESG Ratings
Zacharias Sautner (Frankfurt School)
Green Capital Requirements
Marcus Opp (Stockholm School of Economics)
Serial Entrepreneurship in China
Gueorgui Kambourov (University of Toronto)
Bitcoin Mining Meets Wall Street
David Yermack (NYU Stern School of Business)
The Battle of the Bots
Christine Parlour (Berkeley Haas)
Greater Than the Sum of Its Parts: Aggregate vs. Aggregated Inflation Expectations
Alexander Dietrich (Universität Tübingen)
The Effects of Monetary Policy: Theory with Measured Expectations
Johannes Wohlfart (University of Copenhagen)
Spousal Insurance and the Amplification of Business Cycles
Bence Bardoczy (FED, Washington)
Five Sensitive Intervention Points to Achieve Climate Neutrality by 2050
David Hendry (Nuffield College, University of Oxford)
House Price Cycles, Wealth Inequality and Portfolio Reshuffling
Clara Martínez-Toledano (Imperial College Business School, London)
Anchoring Inflation Expectations in a Panel of Professional Forecasters
Leonardo Melosi (Federal Reserve Bank of Chicago)
Narrative restrictions and proxies
Raffaella Giacomini (University College London)
A Horse Race of Monetary Policy Regimes: An Experimental Investigation
Luba Petersen (Simon Fraser University)
The decline in r* according to a robust multivariate trend-cycle decomposition
James Morley (University of Sydney)
A Quantity-Based Approach to Constructing Climate Risk Hedge Porfolios
Johannes Stroebel (New York University)
Tax thy neighbour: Corporate tax pass-through into downstream consumer prices in a monetary union
Luca Dedola (European Central Bank)
Inflation, Output and Welfare in the Laboratory
Daniela Puzzello (Indiana University Bloomington)
Local Projections vs. VARs: Lessons From Thousands of DGPs
Mikkel Plagborg-Moller (Princeton University)
Collateral Reallocation
Giorgia Piacentino (Columbia Business School)
The aggregate consequences of default risk: evidence from firm-level data
John van Reenen (London School of Economics)
Equilibrium emission caps and investment in green technologies
Bruno Biais (HEC Paris)
Goldilocks Theory of Fiscal Deficits
Ludwig Straub (Harvard University)
Keynesian Search Theory
Roger Farmer (University of Warwick)
Identifying sectoral shocks with a modicum of economic theory: from the 1970s to the pandemic
Ferre De Graeve (KU Leuven)
Public Debt, Interest Rates, and Growth with Incomplete Financial Markets
Jean-Charles Rochet (University of Zurich)

Research Seminars 2021

Racial Disparities in Access to Small Business Credit: Evidence from the Paycheck Protection Program
Theresa Kuchler (NYU Stern School of Business)
COVID-19 and SME Failures
Pierre-Olivier Gourinchas (University of California Berkeley)
A Stock Return Decomposition Using Observables
Annette Vissing-Jorgensen (University of California Berkeley)
Data Uncertainty: Multi-Wave Experimental Evidence for U.K. GDP
James Mitchel (Federal Researve Bank of Cleveland)
Belief Disagreement and Portfolio Choice
Jonathan Parker (Massachusetts Institute of Technology)
Climate scenarios, investors’ expectations and financial risk: lessons from climate stress
Irene Monasterolo (EDHEC Business School, Nizza)
The Moral Economy: Why good incentives are no substitute for good citizens
Samuel Bowles (Santa Fe Institute)
Spatial Correlation Robust Inference
Ulrich Mueller (Princeton University)
Carbon Emissions and the Bank-Lending Channel
Marcin Kacperczyk (Imperial College London)
Occupations, Life Cycle Wage Growth and Inequality
Richard Rogerson (Princeton School of Public and International Affairs)
The Financial Origins of the Rise and Fall of American Inflation
Philipp Schnabl (New York University Stern School of Business)
Event Day Options
Jonathan Wright (Johns Hopkins University)
Incentives and Tradeoffs in Designing a Crisis Liquidity Facility with Nonbank Counterparties: Lessons from the Term Asset-Backed Securities Loan Facility
Karen Pence (Federal Reserve Board of Governors)
Financial Restructuring and Resolution of Banks
Denis Gromb (École des hautes études commerciales Paris)
The Fiscal Costs of Climate Change in the United States
Lint Barrage (University of California Santa Barbara)
Why Does Risk Matter More in Recessions than in Expansions?
Efrem Castelnuovo (University of Padua)
UK Inflation Forecasts since the Thirteenth Century
James M. Nason (North Carolina State University)
How Does Monetary Policy Affect Income and Wealth Inequality? Evidence from Quantitative Easing in the Euro Area
Michele Lenza (European Central Bank)
Gender Differences in Job Search and the Earnings Gap: Evidence from Business Majors
Basit Zafar (University of Michigan)
Transfer wealth and wealth inequality: what do wealth and asset surveys tell us?
Philippe Van Kerm (University of Luxembourg)
Long-term Climate Forecasts
Jesus Gonzalo (University Carlos III of Madrid)
The Impact of COVID-19 on Small Business Dynamics and Employment: Real-time Estimates With Homebase Data
Andre Kurmann (Drexel University, School of Economics, Philadelphia)
Assortative mating and wealth inequality
Luigi Pistaferri (Stanford University)
The Effect of Macroeconomic Uncertainty on Household Spending
Yuriy Gorodnichenko (University of California, Berkeley)
Full-Information Estimation of Heterogeneous Agent Models Using Macro and Micro Data
Laura Liu (Indiana University)
Asset diversification versus climate policy
Rick van der Ploeg (University of Oxford)
Monetary Policy with Opinionated Markets
Ricardo Caballero (Massachusetts Institute of Technology)
Reference Dependence in the Housing Market
Tarun Ramadorai (Imperial College London)

Research Seminars 2020

Monetary Policy with Reserves and CBDC: Optimality, Equivalence, and Politics
Dirk Niepelt (Study Center Gerzensee)
What's up with the Phillips Curve?
Giorgio Primiceri (Northwestern University)
Gender Roles and the Gender Expectations Gap" & "Exposure to Grocery Prices and Inflation Expectations
Ulrike Malmendier (University of California, Berkeley)
Does Saving Cause Borrowing?
Michaela Pagel (Columbia Business School)
Enabling Deep Negative Rates to Fight Recessions: A Guide
Miles Kimball (University of Colorado Boulder)
Sign restrictions in high-dimensional vector autoregressions
Dimitris Korobilis (University of Glasgow)
Inference in Bayesian Proxy-SVARs
Jonas E. Arias (Federal Reserve Bank of Philadelphia)
Firm heterogeneity in skill returns
Giovanni Gallipoli (Vancouver School of Economics)
Health and the macroeconomy
Thorsten Drautzburg (Federal Reserve Bank of Philadelphia)
Is the Long-Run Phillips Curve Vertical? Monetary Policy, Inflation and the Long-Run Output Gap
Paolo Bonomolo (De Nederlandsche Bank)
Trade Credit and the Transmission of Unconventional Monetary Policy
Mariassunta Giannetti (Stockholm School of Economics)
Designing the Main Street Lending Program: Challenges and Options
Bill English (Yale School of Management) & Nelli Liang (Brookings Institution)
Coping with Disasters: Two Centuries of International Official Lending
Christoph Trebesch (Kiel Institute for the World Economy)
The Fed's Response to Economic News Explains the "Fed Information Effect"
Michael Bauer (University of Hamburg)
The effects of changes in business taxation on firms, workers and local labor markets
Christian Dustmann (University College London)
Disagreement among Professional Forecasters about FOMC Forward Guidance
Jane Ryngaert (Wake Forest University)
On the effectiveness of climate policies
John Hassler (Stockholm University)
Skewed Business Cycles
Fatih Guvenen (University of Minnesota & MEBDI)
Monetary Independence and Rollover Crises
Javier Bianchi (Federal Reserve Bank of Minneapolis)
Advances in Structural Vector Autoregressions with Imperfect Identifying Information
James D. Hamilton (University of California)
Inflation Expectations and Consumption: Evidence from 1951
Carola Binder (Haverford College)
Regulatory Forbearance in the U.S. Insurance Industry: The Effects of Eliminating Capital Requirements
Farzad Saidi (Boston University)
A Theory of Socially Responsible Investment
Martin Oehmke (London School of Economics)
News and uncertainty about COVID-19: Survey evidence and short-run economic impact
Gernot Müller (University of Tubingen)
Distortions in Production Networks
Jennifer La'O (Columbia University)
Monetary Policymakers' Uncertainty
Michael McMahon (University of Oxford)

Research Seminars 2019

Supervision of Multinational Banks: Voluntary Support and Ring-Fencing
Gyöngi Loranth (University of Vienna)
Wealth, Wages, and Emploment
Jose-Victor Rios-Rull (University of Pennsylvania)
Deutsche Bundesbank-SAFE-Goethe University Joint Seminar
Optimism and Pessimism in Housing Markets: Higher Order Beliefs or Ambiguity Aversion?
Monica Paiella (Parthenope University of Naples)
Modigliani Meets Minsky: American Household Debt, 1949-2016
Moritz Kuhn (Universität Bonn)
Pre-emptive Monetary Policy
Alexander Wolmann (The Federal Reserve Bank of Richmond)
Monetary Policy Strategies for the Federal Reserve
Lars Svensson (Stockholm School of Economics)
Will Artificial Intelligence Replace Computational Economists Any Time Soon?
Lilia Maliar (The City University of New York)
Bank Information Sharing and Asset Marketability
Kebin Ma (The University of Warwick)
House price shocks and borrowing to invest
Thomas F. Crossley (University of Essex)
Unintended Consequences of Credit Constraints on Housing Choices: The Case of LTV Limit
Nitzan Tzur-Ilan (Bank of Israel)
Macroeconomic and Financial Risks: A Tale of Volatility
Dario Caldara (Federal Reserve Board)
Raising the Target: How Much Extra Room Does It Really Give?
Rahphael Schoenle (Brandeis University)
How to improve the impact of financial education? Evidence from an intervention using 'personalized feedback
Lukas Menkhoff (DIW)
Sentimental Business Cycles
Deutsche Bundesbank-SAFE-Goethe University Joint Seminar
Evi Pappa (Universidad Carlos III de Madrid)
Local Projections: New Developments
Òscar Jordà (Federal Reserve Bank of San Francisco)
Monetary Policy Communications and their Effects on Household Inflation Expectations
Michael Weber (University of Chicago, Booth School of Business)
Monetary Policy Uncertainty: A Tale of Two Tails
Tatevik Sekhposyan (Texas A&M University)
In macroprudential policies we trust
Gabriel Perez-Quiros (Banco de Espana)
On the Risk of Leaving the Euro
Albert Marcet (Barcelona Graduate School of Economics)
MONK: Mortgages in a New-Keynesian Model
Carlos Garriga (Federal Reserve Bank of St. Louis)
The low-minus-high Portfolio
Daniel Andrei (McGill University Montreal)
Benign Neglect of Covenant Violations: Blissful Banking or Ignorant Monitoring?
Stefan Colonello (Leibniz-Institut für Wirtschaftsforschung Halle)
Large Hybrid Time-Varying Parameter VARs
Joshua C. C. Chan (Australian National University)
Quantitative Easing
Vincent Sterk (University College London)
Foreign Exchange Dealer Asset Pricing
Dennis Umlandt (Universität Kiel)
Understanding Momentum and Reversal
Seth Pruitt (Arizona State University)
Default Risk and the Pricing of U.S. Sovereign Bonds
Guillaume Roussellet (McGill University)
Risk endogeneity at the lender/investor-of-last-resort
Bernd Schwaab (Europen Central Bank)
On adjusting the one-sided HP filter
Elias Wolf (Freie Universität Berlin)
Differences in Euro-Area Household-Finances and their Relevance for Monetary-Policy Transmission
Winfried Königer (Swiss Institute for Empirical Economic Research)
Optimal Cooperative and Non-Cooperative Unconventional Monetary Policy Under Commitment
Shiafu Jiang (Hong Kong Monetary Authority)
Forward Guidance with Bayesian Learning and Estimation
Edward Herbst (Board of Governors of the Federal Reserve System)
Does demand noise matter? Identification and implications
Kenza Benhima (University of Lausanne)
Capital issuance without a regulator: The case of ICOs
Rüdiger Fahlenbrach (École Polytechnique Fédérale de Lausanne)

Research Seminars 2018

The Costs of Economic Nationalism: Evidence from the Brexit Experiment
Benjamin Born (Frankfurt School of Finance & Management)
Optimally solving banks’ legacy problems
Anatoli Segura (Banca d'Italia)
Firms’ Heterogeneity, Credit Spreads, and Monetary Policy
Ambrogio Cesa-Bianchi (Bank of England)
Rising inequality and trends in leisure
Rachel Ngai (London School of Economics and Political Science)
Banks as Patient Lenders: Evidence from a Tax Reform
Elena Carletti (Bocconi University)
Deutsche Bundesbank-SAFE-Goethe University Joint Seminar
Term Premium and Quantitative Easing in a Fractionally Cointegrated Yield Curve
Antonio Moreno (University of Navarra)
Gambling Traps
Anil Ari (International Monetary Fund)
The Death of a Regulator: Strict Supervision, Bank Lending and Business Activity
Christian Leuz (The University of Chicago Booth School of Business)
A New Way to Quantify the Effect of Uncertainty
Alexander W. Richter (Federal Reserve Bank of Dallas)
Heterogeneity and Aggregate Fluctuations
Frank Schorfheide (University of Pennsylvania)
Deutsche Bundesbank-SAFE–Goethe University Joint Seminar
Why Banking and Sovereign Risk Co-move: the Role of Strategic Complementarities
Lucia Esposito (Bank of Italy)
Trade Flows and Exchange Rates
Michael Devereux (Vancouver School of Economics)
Uncertainty and Economic Activity: A Multi-Country Perspective
Hashem Pesaran (USC Cambridge)
Bailouts, Bail-ins and Banking Crises
Todd Keister (Rutgers University)
Intergenerational Risk Sharing in Life Insurance
Johan Hombert (HEC Paris)
Currency Manipulation
Tarek Hassan (University of Chicago, NBER, and CEPR)
The Missing Link: Labor Share and Monetary Policy
Cristiano Cantore (School of Economics and CIMS, University of Surrey)
Estimating Latent Asset-Pricing Factors
Martin Lettau (Haas School of Business, University of California at Berkeley)
Deutsche Bundesbank-SAFE-Goethe University Joint Seminar
Bank Concentration and Product Market Competition
Farzad Saidi (Stockholm School of Economics & CEPR)
Financial Cycles with Heterogeneous Intermediaries
Helene Rey
(LBS)Deutsche Bundesbank-SAFE-Goethe University Joint Seminar
Financial literacy and economic preferences – An intervention study in schools
Matthias Sutter (MPI Bonn and University of Cologne)
The Liquidity-Augmented Model of Macroeconomic Aggregates
Lucas Herrenbrück (Simon Fraser University, Vancouver)
He whose bank dares: bank equity and small-firm risk taking
Alexander Stomper (Humboldt Universität)
Macro and Micro Level Impulse Responses: A Survey Experimental Identification Procedure
Samad Sarferaz (ETH Zürich)
Economic Predictions with Big Data: The Illusion of Sparsity
Giorgio E. Primiceri (Northwestern University)
Deutsche Bundesbank-SAFE-Goethe University Joint Seminar
Business Models and Dollar Funding of Global Banks
Iñaki Aldasoro (BIS)
Multiple Equilibria in Open Economy Models with Collateral Constraints: Overborrowing Revisited
Stephanie Schmitt-Grohé (Columbia University)
Deutsche Bundesbank--Goethe University Joint Seminar

Research Seminars 2017

Public policy in a zero-growth scenario
Enrico Perotti (University of Amsterdam)
Deutsche Bundesbank-SAFE-Goethe University Joint Seminar
Global banks: competition and risk taking
Ester Faia (Goethe Universität)
Monetary Policy and Asset Valuation
Sydney Ludvigson (New York University)
Lower Oil Prices and the U.S. Economy: Is This Time Different?
Lutz Kilian (University of Michigan)
Employment, Wages, and Optimal Monetary Policy
Martin Bodenstein (Board of Governors of the Federal Reserve System)
Optimal Index versus Simple Index for Monetary Policy
Jae Won Lee (Seoul National University)
The Transmission Mechanism of Monetary Policy though Redistribtions and Durable Purchases
Silvana Tenreyro (London School of Economics)
Bayesian Predictive Synthesis
Mike West (Duke University)
The Effects of a Money-Financed Fiscal Stimulus
Jordi Gali (Pompeu Fabra)
The Great Convergence: Information technology and the New Globalisation
Richard Baldwin (Centre for Economic Policy Research)
Macroeconomics and Heterogeneity
Dirk Krüger (University of Pennsylvania)
Searching for Yield Abroad: Risk-Taking through Foreign Investment in U.S. Bonds
Stijn Claessens (Bank for International Settlements)
The Global Factor in Neutral Policy Rates: Some Implications for Exchange Rates, Monetary Policy, and Policy Coordination
Richard Clarida (Columbia University)
The Economics of Bank Supervision
Thomas Eisenbach (Federal Reserve Bank of New York)
The Fiscal-Monetary Policy Mix in the Euro Area: Challenges at the Zero Lower Bound
Athanasios Orphanides (MIT Sloan School of Managem.)
Deutsche Bundesbank-SAFE-Goethe University Joint Seminar
International evidence on long-run money demand
Luca Benati (University of Bern)
Shaping Expectations and Coordinating Attention: The Unintended Consequences of FOMC Press Conferences
Oliver Boguth (Arizona State University)
Risk and liquidity requirements in a model of fractional reserve banking
Cyrill Monnet (University of Bern & Study Center Gerzensee)

Research Seminars 2016

Zero-risk weights and capital misallocation
Todd B. Walker (Indiana University)
Size Discovery
Darrell Duffie (Graduate School of Business)
Deutsche Bundesbank-SAFE-Goethe University Joint Seminar
Stagnation Traps
Luca Fornaro (CREI Universitat Pompeu Fabra Barcelona)
Do we know what we owe? A comparison of Borrower- and Lender-Reported Consumer Debt
Wilbert van der Klaauw (FRBNY)
Macro Risks and the Term Structure
Geert Bekaert (Columbia Business School)
A New Model of Inflation, Trend Inflation, and Long-Run Inflation Expectations
Todd Clark (Federal Reserve Bank of Cleveland)
Competition, lending, and funding when monetary policy is unconventional
Michael Kötter (Frankfurt School of Finance & Management)
Forward Guidance and Asset Prices
Refet Guerkaynak (Bilkent University)
The Tail that Wags the Economy: Belief-Driven Business Cycles and Persistent Stagnation
Laura Veldkamp (NYU Stern School of Business)
Structural Reform in Germany
Tom Krebs (Universität Mannheim)
Monetary policy when households have debt
Paolo Surico (London Business School)
A Demand Theory of the Price Level
Marcus Hagedorn (University of Oslo)
Macroeconomic Fluctuations with HANK ande SAM: an Analyticasl Approach
Morten Ravn (University College London)
Inequality and Aggregate Demand
Adrien Auclert (Standord University)

Research Seminars 2015

Interest Rate Uncertainty and Economic Fluctuations
Jing Cynthia Wu (University Chicago Booth School of Business)
A General Approach to Recovering Market Expectations from Futures Prices With an Application to Crude Oil
Lutz Kilian (University of Michigan Ann Arbor)
Insolvency After the 2005 Bankruptcy Reform
Stefania Albanesi (Federal Reserve Bank of New York)
The short-run and long-run components of financial volatility
Giovanni Motta (Columbia University)
Systemic Risk in Europe
Eric Jondeau (University of Lausanne)
What Do Loan Officers Do When They Change Standards and Terms
John Driscoll (Federal Reserve Board)
On the Distributional Consequences of Monetary Policy
Ralph Luetticke (Universität Bonn)
Demographics and Real Interest Rates: Inspecting the Mechanism
Andrea Ferrero (University of Oxford)
Not Working at Work: Loafing, Unemployment and Labor Productivity
Michael Burda (Humboldt Universität Berlin)
Who bears the taxes?
Viktor Steiner (Freie Universität Berlin)
Large Time-Varying Parameter VAR: A nonparametric approach
Massimiliano Marcellino (Uni Bocconi)
Inflation Targeting Does Not Anchor Inflation Expectations: Evidence from Firms in New Zealand
Yuriy Gorodnichenko (University of California Berkeley)
Asset purchase programmes and financial markets: lessons from the euro area
Carlo Altavilla (ECB)
Banks are not intermediaries of loanable funds - and why this matters
Michael Kumhof (Bank of England)

Research seminars

Research Seminars