New Scenarios for Central Banks
The financial crisis which started in 2007 has compromised the three traditional pillars of meonetary policy: Taylor rule, interest rates policy and central banks independence.
Finlawmetrics 2012 (Università Bocconi, 21-22 June), the conference organized by Bocconi's Paolo Baffi Centre on Central Banking and Financial Regulation, Tilburg University's European Banking Centre and New York University's Center on Central Banks and Financial Institutions, will focus on the new scenarios due to the growing importance of prudential issues. More Than the Taylor Rule: Monetary Policy, Prudential Issues and Central Banking is the title of the conference.
"A dozen reports by scholars from all over the world will be presented" Donato Masciandaro, Paolo Baffi Centre's director, says.