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Sixth Annual NBP-SNB Joint Seminar "Challenges for Central Banks during the Current Global Crisis", 14-16 June 2009

The National Bank of Poland and the Swiss National Bank jointly organized the Sixth Annual Seminar in Zurich from 14 to 16 June. The conference brought together academicians and central bankers to discuss current research papers and monetary policy tools with transition countries. This year’s conference topic was "Challenges for Central Banks during the Current Global Crisis", where pre-crisis conditions, the impact of the crisis on the economy and policy tools during crisis times were discussed.

Program
Program
PDF (109 kB)
List of participants
List of participants
PDF (107 kB)
Organizing committee
Werner Hermann (SNB)
Romuald Szymaczak (NBP)
Gilbert Heim (SNB)
Pinar Yesin (SNB)
 
Speeches
Opening Speech by Jean-Pierre Roth, Chairman of the Governing Board (SNB)
PDF (108 kB)
 
Concluding Remarks by Pawel Samecki, Member of the Board (NBP)
PDF (145 kB)
Papers
Pinar Yesin: Foreign Currency Borrowing by Small Firms
PDF (433 kB)
 
Marcel Peter: Borrowing in Foreign Currency: Austrian Households as Carry-Traders
PDF (201 kB)
 
Joanna Tyrowicz: Breeding One’s Own Subprime Crisis
PDF (421 kB)
 
Barbara Rudolf: Macroeconomic and Interest Rate Volatility under Alternative Monetary Operating Procedures
PDF (379 kB)
Presentations
Pinar Yesin: Foreign Currency Borrowing by Small Firms
PDF (314 kB)
 
Marcel Peter: Borrowing in Foreign Currency: Austrian Households as Carry-Traders
PDF (207 kB)
 
Joanna Tyrowicz: Breeding One’s Own Subprime Crisis
PDF (258 kB)
 
Krzysztof Makarski: Impact of the Credit Crunch on the Polish Economy
PDF (745 kB)
 
Tommaso Mancini Griffoli: Covered Interest Rate Parity Conditions during the Crisis
PDF (1317 kB)
 
Barbara Rudolf: Macroeconomic and Interest Rate Volatility under Alternative Monetary Operating Procedures
PDF (906 kB)
 
Laura Kodres: Capital Flows: Build-ups and Let-downs
PDF (240 kB)
 
Piotr Szpunar: National Bank of Poland: Measures Taken During the Crisis
PDF (610 kB)
 
Signe Krogstrup: Financial Stability in Switzerland: The SNB’s Role
PDF (263 kB)
 
Martin Schlegel: Tensions in the Money Market Measures Taken by the SNB
PDF (2026 kB)
Conference secretary
Susanna Bosshard (SNB)