Programme committee
Michael Bordo, Rutgers University
Øyvind Eitrheim, Norges Bank
Marc Flandreau, The Graduate Institute
Jan T. Klovland, Norwegian School of Economics

Programme
Thursday 26 April

Opening Session
13:00 – 13:15 | Welcome remarks
Jan F. Qvigstad, Deputy Governor Norges Bank

Session I Monetary policy implementation/Money market operations
Chair:

13:15 – 14:00
Clemens Jobst, Oesterreichische Nationalbank, The implementation of monetary policy on the continent circa 1900: Linking central bank operations and the money market

Discussant
Marc Flandreau, Professor, Graduate Institute

Short Break

14:00 – 14:15
Session I (cont’d)

14:00 – 14:45
Stefano Ugolini, Scuola Normale Superiore, Pisa, Bank of England Operations Reloaded: Monetary Policy Implementation in Britain at the Heyday of the Classical Gold Standard, 1889-1910

Discussant
Eugene White, Rutgers University

14:45 – 15:30
Klas Fregert, University of Lund, The Swedish Riksbank’s evolution to a central bank as seen through the prism of its balance sheet

Discussant
Tobias Straumann, University of Zurich

Coffee Break

15:30 – 16:00
Session II Regional aspects of central banking
Chair:

16:00 – 16:45
Vincent Bignon, Banque de France and Clemens Jobst, Oesterreichische Nationalbank, Eligibility to Central Bank Liquidity and the Bankruptcy Rate. Lessons from France 1826-1913.

Discussant
Stefano Ugolini, Scuola Normale Superiore, Pisa

16:45 – 17:30
Jan T. Klovland, Norwegian School of Economics and Lars F. Øksendal, Norges Bank, Regional Bank Rate autonomy in Norway 1850-1892

Discussant
Kris Mitchener, Santa Clara University

17:30 – 18:00
Øyvind Eitrheim, Norges Bank, Norges Bank’s bicentenary project

Friday 27 April
Session III Times of war and instability
Chair:

08:30 – 09:15
Alexander Rathke, Tobias Straumann, and Ulrich Woitek, University of Zurich, Overvalued: Sweden’s Monetary Policy in the 1930s

Discussant
Mike Bordo, Rutgers University

09:15 – 10:00
Gregg Huff, Oxford University and Shinobu Majima, Gakushuin University, Financing Japan’s World War II Occupation of Southeast Asia

Discussant
Vincent Bignon, Bank of France

Coffee Break

10:00 – 10:30
Session IV Crisis management
Chair:

10:30 – 11:15
Pierre-Cyrille Hautcoeur, Paris School of Economics, Angelo Riva, European Business School, Paris, and Eugene N. White, Rutgers University, Bagehot on the Continent? How the Banque de France Managed the Crisis of 1889

Discussant
François Velde, Federal Reserve Bank, Chicago

11:15 – 12:00
Kris Mitchener, Santa Clara University, Capital Controls and Economic Recovery from Financial Crises: Lessons from the 1930s.

Discussant
Olivier Accominotti, London School of Economics

End of workshop

This workshop is organised by The Graduate Institute and the Norges Bank, Oslo

This event is not open to the public
Auditorium Jacques-Freymond, Site Barton, 132, rue de Lausanne 1202 Geneva