CEBRA Annual Meeting 2025
Emerging results and Selected research papers from the ESCB ChaMP Network
Friday, 8 August 2025
Boston
The Central Bank Research Association (CEBRA) is an independent scientific organisation designed to encourage applied and theoretical research on topics relevant to central banks, financial regulators, international financial institutions, and fiscal authorities, as well as to connect the research staff of these institutions with academia.
Annual CEBRA meetings bring together leading researchers, policymakers, and industry experts to discuss cutting-edge topics in central banking, financial markets, and digital innovation.
Programme (excerpt)
Times are local
* indicates the presenter
- 8:45
-
Challenges for Monetary Policy Transmission in a Changing World
- Philipp Hartmann, Deputy Director General, DG Research, ECB
- Maria Valderrama, Head of the Monetary Policy Section, Oesterreichische Nationalbank
- Angela Maddaloni, Adviser, DG Research, ECB
-
Emerging Results from the ESCB ChaMP Network
Egon Zakrajšek, Director of the Research Department, Federal Reserve Bank of Boston
-
Challenges for Monetary Policy Transmission — The Case of Japan
Ichiro Fukunaga, Deputy Director-General, Bank of Japan
-
Monetary Policy Transmission in Advanced Economy SOEs
Daniel Rees, Head of Central Bank Cooperation, Bank for International Settlements
- 14:30
-
Monetary Policy, Fragility, and Funds Flows
Moritz Kellers* and Falko Fecht, both Deutsche Bundesbank
-
Why Gradual and Predictable? Bank Lending During the Sharpest Quantitative Tightening Ever
Stephen Kho*, Lorenzo Burlon, Alessandro Ferrari and Nikoleta Tushteva, all ECB
-
The transmission of monetary policy shocks to firms
- Alberto Palazzolo*, Nationale Bank van België/Banque Nationale de Belgique
- Emmanuel Dhyne, Nationale Bank van België/Banque Nationale de Belgique
- Glenn Magerman, Université libre de Bruxelles
-
Monetary policy transmission in the Euro Area: is this time different? Chapter I: lags and strength
Andrejs Zlobins*, Latvijas Banka