The conference was held from Tuesday, June 3rd to Thursday, June 5th, 2025.
Participation was by invitation only.

Presenters and discussants:
Tsvetelina Nenova, Bank for International Settlements
The Ins and Outs of Chinese Monetary Policy Transmission (with Silvia Miranda-Agrippino, and Hélène Rey)
Discussant: Donghai Zhang, National University of Singapore
Klodiana Istrefi, Banque de France
The Systematic Origins of Monetary Policy Shocks (with Lukas Hack and Matthias Meier)
Discussant: Federico Mandelman, Federal Reserve Bank of Atlanta
Leonardo Melosi, University of Warwick
Discussant: Anastasiia Antonova, Aix-Marseille School of Economics
Jesus Fernandez-Villaverde, University of Pennsylvania
Discussant: Gernot Müller, University of Tübingen
Johannes Wieland, UCSD and Federal Reserve Bank of San Francisco
Why Are Some Recoveries Weak and Others Strong? (with Paula Donaldson)
Discussant: Gabriel Züllig, Swiss National Bank
Luis Garicano, London School of Economics
Klaus Masuch, European Central Bank (until Dec. 2024)
The Euro: Foundations, Crises, Incentives, and Reforms (with John H. Cochrane)
Gaetano Gaballo, HEC Paris
Asset Purchases and Heterogeneous Beliefs (with Carlo Galli)
Discussant: Vladimir Asriyan, CREi
Felix Ward, Erasmus University Rotterdam
Bank Leverage and the Tax Advantage of Debt (with Casper de Vries and Jose Castillo)
Discussant: Jochen Mankart, National Bank of Slovakia and Bundesbank
Florin Bilbiie, University of Cambridge
HANKSSON (with Sigurd Mølster Galaasen, Refet S. Gürkaynak, Mathis Mæhlum, and Krisztina Molnar)
Discussant: Jeanne Commault, Science Po
Gizem Koşar, Federal Reserve Bank of New York
Subjective Uncertainty and the Marginal Propensity to Consume (with Davide Melcangi)
Discussant: Marta Cota, Nova School of Business & Economics
Policy session:
Athanasios Orphanides,
MIT Sloan and former Governor of the Central Bank of Cyprus