Although the actions of central banks are often cloaked in silence, the lessons drawn from the management of bank failures and financial crises often give the impression that the “smoke-filled room” was bathed in sunlight. While policy makers internal deliberations have appeared, with few exceptions, as quick sketches, there are substantial underused archives of documents and data that can be accessed to provide a more complete and sometimes even dramatically different picture of the conduct of central banking from the late 19th century to the present. This conference brings together experts in this evolving field to present their findings.
The conference will take place
on 29 June 2023, 10:45 a.m. - 6:00 p.m.
at the House of Finance, Campus Westend, Goethe-University, Frankfurt
Please note that a registration is required. The attendance is free of charge.
We are looking forward to welcoming you at our event!
Please register >>HERE 10:45
Welcome
Rainer Klump (Goethe-University Frankfurt)
10:55
Conference Introduction and Overview
Eugene N. White (Rutgers University/Goethe-University Frankfurt)
11:15
Section 1: Financial Stability in Extraordinary Times: The Role of Lender of Last Resort
Chair: Stephanie Collet (Deutsche Bundesbank)
The Safety Net: Central Bank Balance Sheets and Financial Crises
Martin Kornejew (University of Bonn)
How J.P. Morgan Learned the Art of Central Banking: From Building Syndicates to Building Financial Lifeboats
Mary Rodgers (SUNY Oswego)
A Gold Battle? De Gaulle and the Dollar Hegemony during the Bretton Woods era
Maylis Avaro (University of Pennsylvania)
At Your Service! Liquidity Provision and Risk Management in 19th Century France
Vincent Bignon (Banque de France)
Comments
Ulrike Neyer (University of Düsseldorf)
1:30
Lunch
2:30
Section 2: Financial Stability in Ordinary Times: Regulation and Supervision
Chair: Carsten Burhop (University of Bonn)
The formalisation of bank supervision
Mikael Wendschlag (Uppsala University)
Replacing bank money with base money: Lessons for CBDCs from the ending of private banknotes in Sweden
Anders Ogren (Uppsala University)
Hyperinflation and Stabilisation in Poland: War of Attrition or Politics by Other Means
Thea Don-Simieon (Gonville and Caius College, Cambridge University)
Supervision without regulation: Discount limits at the Austro-Hungarian Bank, 1909–1913
Clemens Jobst (Universität Wien)
Comments
Ulrich Bindseil (European Central Bank)
4:30
Round Table Discussion
Ulrich Bindseil, Ulrike Neyer, Axel A. Weber, Eugene N. White
House of Finance, Room E.22 (Commerzbank), Campus Westend, Goethe-University, Frankfurt