54th Konstanz Seminar, 2023

The conference was held from Tuesday, May 23rd to Thursday, May 25th, 2023.

Participation was by invitation only.

Program as pdf.


Presenters and discussants:

Lukas Nord, European University Institute, slides

Distributive Effects of Banking Sector Losses (with Caterina Mendicino and Marcel Peruffo)

Discussant: Farzad Saidi, University of Bonn, slides


Guido Ascari, De Nederlandsche Bank and University of Pavia, slides

The Long-Run Phillips Curve is… a Curve (with Paolo Bonomolo and Qazi Haque)

Discussant: Francesco Furlanetto, Norges Bank, slides


Christian Wolf, MIT, slides

Can Deficits Finance Themselves? (with George-Marios Angeletos and Chen Lian)

Discussant: Ralph Luetticke, University of Tuebingen, slides


Fernanda Nechio, Federal Reserve Bank of San Francisco, slides

COVID-19 Fiscal Measures and Inflation (with Galina Hale and John Leer)

Discussant: Ana Figueiredo, Erasmus School of Economics, slides


Sergio de Ferra, Oxford University, slides

Inequality, Demand Composition, and the Transmission of Monetary Policy (with Lukas Boehnert, Kurt Mitman, and Federica Romei)

Discussant: Katja Mann, Copenhagen Business School, slides


Wilko Bolt, Vrije Universiteit Amsterdam, slides

Limits of Fiat Money: Lessons from the Bank of Amsterdam (with Jon Frost, Hyun Song Shin, and Peter Wierts)

Discussant: Wei Cui, University College London, slides


Silvia Miranda-Agrippino, Bank of England, slides

Global Footprints of Monetary Policies (with Tsvetelina Nenova and Hélène Rey)

Discussant: Ben Schumann, DIW Berlin, slides


Cristina Manea, Bank for International Settlements, slides

Monetary Policy and Endogenous Financial Crises (with Frederic Boissay, Fabrice Collard, and Jordi Galí)

Discussant: Galo Nuño, Banco de España, slides


Diego Känzig, Northwestern University, slides

The Unequal Consequences of Carbon Pricing

Discussant: Lena Boneva, Schweizerische Nationalbank


Policy session:

Prof. Claudia M. Buch,
Vice-President of the Deutsche Bundesbank