7th Annual Research Conference
National Bank of the Republic of Macedonia
7th Annual Research Conference
Around a Decade After the Crisis:
Heading to the New Global Cycle and Monetary Policy Normalization
12-13 April 2018, Hotel Inex Gorica, Ohrid, Republic of Macedonia
Conference Program
11 April 2018 (Wednesday)
19.30 Welcome reception
12 April 2018 (Thursday)
9.30-10.00 Registration
10.00-10.15 Dimitar Bogov , Governor of the National Bank of the Republic of Macedonia, Welcome speech
10.15 Session I: Real convergence and financial integration in Europe Chair: Aneta Krstevska , Chief economist, NBRM
10.15-10.35 Piotr Zuk , European Central Bank, Real convergence in central, eastern and south-eastern Europe
10.35-10.55 Aleksandar Stojkov , Law Faculty, Skopje, Global versus European drivers of foreign direct investment: Europe as a case study ( presentation PDF )
10.55-11.10 Vassilis Monastiriotis , European Institute, London School of Economics – Research on Southeast Europe, Discussant (presentation PDF )
11.10-11.25 Discussion
11.25-11.30 Annual award of NBRM for a young researcher
11.30-11.50 Coffee break
11.50 Session II: Common shocks and macroeconomic resilience of the economies Chair: Ana Mitreska , Head of the Monetary Policy and Research Department, NBRM
11.50-12.10 Tomasz Kleszcz , Narodowy Bank Polski, Assessing the impact of the Fed's monetary policy normalization on emerging market economies using a term structure model and simple linear regressions (presentation PDF )
12.10-12.30 Jan Brůha , Czech National Bank, An Empirical Analysis of Macroeconomic Resilience: The Case of the Great Recession in the European Union (presentation PDF )
12.30-12.45 Gani Ramadani , Monetary policy and research department, NBRM, Discussant (presentation PDF )
12.45-13.00 Discussion
13.00-13.45 Lunch
13.45 Session III: Financial Stability challenges and access to finance
Chair: Sultanija Bojceva Terzijan , Head of the Statistics Department, NBRM
13.45-14.05 Elis Deriantino Naiborhu , Bank Indonesia, Banking risks, the bank lending channel, and the macro-prudential policy in Indonesia
14.05-14.25 Antje Hildebrandt , Oesterreichische Nationalbank, Access to finance in the CESEEE countries: Evidence from the OeNB Euro Survey (presentation PDF )
14.25-14.40 Mirna Dumicic , European Central Bank, Discussant
14.40-14.55 Discussion
14.55-15.15 Coffee break
15.15 Session IV: Contemporary modeling of banking risks Chair: Milica Arnaudova Stojanovska , General Manager of Sector for banking supervision, banking regulation and financial stability, NBRM
15.15-15.35 Alessandra Marcelletti , School of European Political Economy, Rome, Optimal Bank Capital Requirements: An Asymmetric Information Perspective (presentation PDF )
15.35-15.55 Aleksandar Petreski , Jönköping International Business School, Sweden, Spatial dimension of the credit risk: spatial filter approach (presentation PDF )
15.55-16.10 Yannick Lucotte , University of Orléans, France, Discussant (presentation PDF )
16.10-16.25 Discussion and closing of the first conference day
13 April 2018 (Friday)
9.30-10.00 Registration
10.15-10.35 Jan Smets , Governor, National Bank of Belgium, keynote lecture;
10.55-11.50 Governors’ Panel: Heading to the New Global Cycle and Monetary Policy Normalization Moderator: Peter Sanfey , Deputy Director for Country Economics and Policy, Economics, Policy and Governance Department, EBRD
Dimitar Bogov , Governor, National Bank of the Republic of Macedonia
Jan Smets , Governor, National Bank of Belgium
Boris Vujcic , Governor, Croatian National Bank
Gent Sejko , Governor, Bank of Albania
Fehmi Memeti , Governor, Central Bank of the Republic of Kosovo
11.50-12.00 Questions from the audience
12.00-13.15 Lunch
13.15-14.30 High Level Policy Panel: Capital flows – prospects and risks for the region Moderator: Anita Angelovska Bezoska , Vice governor, NBRM
Bas Bakker , IMF Regional Office, Central and Eastern Europe
Thomas Richardson , Director, Joint Vienna Institute
Bojan Markovic , Deputy Director, Sector Economics and Policy, EBRD
Jozef Bradezko , Vice Governor, Bank of Slovenia
14.30-14.45 Questions from the audience
14.45 Closing of the conference
фотографии / photo
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