38. Konstanz Seminar on Monetary Theory and Policy

May 22 – May 25, 2007

The seminar will be held from May 22 - May 25, 2007, on the Island of Reichenau at the Lake of Constance. The first session will begin on May 23 at 9:00 a.m., the last session will terminate on May 25 at noon. There will be an informal get-together for dinner in the evening of May 22.

The final seminar program is now available.

The conference takes place at the Strandhotel Löchnerhaus, on the Island of Reichenau in Lake Constance. Additional local information and timetables for the public transportation Zurich-Konstanz and Konstanz-Reichenau can be downloaded here.


This year's contributors to the seminar include:

Presenter	Title	.pdf	Discussion.pdf
Adam Ashcraft, Federal Reserve Bank of New York	"Precautionary Reserves and the Interbank Market"		Valeriya Dinger
Alan Sutherland, St. Andrews	"Financial Globalization and Monetary Policy"
Fabio Ghironi, Boston College	"Monetary policy and business cycles with Endogenous Entry and Product Variety"		Gernot Müller
Robert Kollmann, Free University of Brussels	"International Portfolios with Demand and Supply Shocks"
Lucrezia Reichlin, European Central Bank	"Bayesian VARs with Large Panels (Paper and Appendix)"
Vincent Reinhart, University of Maryland			Patrick Minford
Birgit Schmitz and Jürgen von Hagen, University of Bonn	"Current Account Imbalances in the Euro Area"		Agnès Benassy- Quéré
Volker Wieland, University of Frankfurt	"Money in Monetary Policy Design" (presentation based on 2 papers)		Mathias Hoffmann
Charles Wyplosz, University of Geneva	"When Central Banks Reveal Future Interest Rates: Alignment of Expectations vs. Creative Opacity"		Luisa Lambertini
Policy Session Speaker: Mitja Gaspari, Former Governor of Bank of Slovenia	"Monetary Policy in the Landing and ERM II Phases"

More information on the Konstanz seminar, its history and academic and policy accomplishments are available here.