We use cookies to ensure that we give you the best experience on our website. You can change your cookie settings at any time. Otherwise, we'll assume you're OK to continue.


Centre for Macroeconomic Policy (CEMAP) and MMF Research Group Workshop

Monday, 16 September 2019
09:30 to 17:30
Durham University Business School, MHL 454

Title: Too Much or Too Little Credit? Which Should Make us Worry More?

Organisers: Tatiana Damjanovic, Xiaoshan Chen, David Chivers,
Sara Eugeni and Mauro Bambi.

Morning Session:

  • 9.30 -10.15 Charles Nolan, University of Glasgow

“Default, Bailouts and the Vertical Structure of Financial
Intermediaries”, (joint with Tatiana and Vlad Damjanovic)

  • 10.15-11.00 Wei Cui, University College London (UCL)

"Cyclical Capital Reallocation and Liquidity",
(joint with Randall Wright and Yu Zhu)

  • 11.30-12.15 Roman Sustek, Queen Mary University

"MoNK: Mortgages in New Keynesian Models",
(joint with Carlos Garriga and Finn Kydland)

  • 12.15-13.00 Yunus Aksoy, Birbeck University

"Time Variation in lifecycle consumption and housing wealth",
(joint with Henrique S. Basso and St Aubyn)

Keynote session and afternoon session

  • 14.00-15.00 Andrea Ferrero, University of Oxford

‘’House Price Dynamics, Optimal LTV Limits and the Liquidity Trap",
(joint with Richard Harrison and Ben Nelson)

  • 15-15- 16.00 Pinter Gabor, Bank of England

“Employment and the Collateral Channel of Monetary Policy”,
(joint with Saleem Bahaj, Angus Foulis and Paolo Surico)

  • 16.00- 16.45 Kalin Nikolov, European Central Bank

“Bank Capital in the Short and in the Long Run”,
(joint with Caterina Mendicino, Javier Suarez and Dominik Supera)