Forum on inflation and low employment in Europe

Opening reception and dinner

Welcome address
Mario Draghi, President, European Central Bank

Dinner hosted by the Executive Board of the European Central Bank

Dinner speech - Past, Present, and Future Challenges for the Euro Area
Stanley Fischer, Vice Chair, Board of Governors of the Federal Reserve System
Speech
Video

Introductory speech

Mario Draghi, President, European Central Bank
Speech
Presentation
Video

Session 1: Current perspectives on inflation and unemployment in the euro area and advanced economies

Chair: Peter Praet, Member of the Executive Board, European Central Bank

Inflation and activity - two explorations, and their monetary policy Implications

Olivier Blanchard, Economic Counsellor and Director of the Research Department, International Monetary Fund (with Eugenio Cerutti, Senior Economist, International Monetary Fund and Lawrence H. Summers, Professor, Harvard University)
Paper
Presentation

Discussant: Laurence Ball, Professor, Johns Hopkins University
Presentation
Video

Hysteresis and the European unemployment problem revisited

Jordi Galí, Professor, Pompeu Fabra University, CREI
Paper
Presentation

Discussant: Robert J. Gordon, Professor, Northwestern University
Presentation
Video

Panel: Current perspectives on inflation and unemployment in the euro area and advanced economies

Willem Buiter, Chief Economist, Citi
Mark Carney, Governor, Bank of England
Dennis Snower, President, Kiel Institute for the World Economy
Presentation

Lawrence H. Summers, Professor, Harvard University
Video

Lunch

Reception and dinner

Session 2: Structural perspectives on European employment, productivity and growth in a global context

Chair: Vítor Constâncio, Vice-President, European Central Bank

Unemployment in Europe: what does it take to bring it down?

Tito Boeri, Professor, Bocconi University (with Juan-Francisco Jimeno, Head of Research Division, Banco de España)
Presentation

Discussant: Gilles Saint-Paul, Professor, Paris School of Economics
Presentation
Video

Innovation and growth

Sir Christopher Pissarides, Professor, London School of Economics
Paper
Presentation

Discussant: John Fernald, Senior Research Advisor, Federal Reserve Bank of San Francisco
Presentation
Video

Panel: Structural perspectives on European employment, productivity and growth in a global context

Patrick Honohan, Governor, Central Bank of Ireland
Catherine Mann, Chief Economist, Organisation for Economic Co-operation and Development
Presentation

Jean Pisani-Ferry, Commissioner General, France Stratégie
Christoph M. Schmidt, Chairman, German Council of Economic Experts
Video

Policy panel

Mario Draghi, President, European Central Bank
Stanley Fischer, Vice Chair, Board of Governors of the Federal Reserve System
Haruhiko Kuroda, Governor, Bank of Japan
Presentation
Video

Moderator: Zanny Minton Beddoes, Editor-in-Chief, The Economist

Award ceremony - young economists' posters

Closing remarks

Family photo