Inaugural Workshop
Consistency in financial stability analysis nd macroprudential policy making
The GIMM helds its inaugural workshop to mark the start of our public
activities. The inaugural workshop featured a lineup of keynote speakers and
guest lecturers from around the globe, mostly practitioners from central
banks delivering presentations on current topics, with the common thread of
the importance of (macro) consistency in financial stability analysis and
macroprudential policy making .
The lectures were complemented by a series of practical demonstrations
of modeling related issues within an applied macroprudential modeling
framework.
Dates: April 25 to April 29, 2022
Program
Monday, April 25 Complete Recording
Content
Speakers
Links
Introduction :
Jaromír Beneš & Tomáš Motl (GIMM)
Recording
Corporate governance of financial stability
Zdeněk Tůma, CSOB (former Governor of the Czech National Bank)
Recording Slides
Presentation of GIMM modeling framework
Jaromír Beneš, Tomáš Motl, GIMM
Recording Slides
Model-based simulation: simple deleveraging
Jaromír Beneš, Tomáš Motl, GIMM
Recording Slides Code
Tuesday, April 26 Complete Recording
Content
Speakers
Links
Keynote speech: How does international capital flow?
Michael Kumhof, Bank of England Research Hub
Recording Slides
Guest speaker: Interactions of monetary and macroprudential policies
Alejandro van der Ghote, European Central Bank
Recording Slides
Model-based simulation: Varying costs of macroprudential policies
Jaromír Beneš & Tomáš Motl, GIMM
Recording Code
Wednesday, April 27 Complete Recording
Content
Speakers
Links
Guest speaker: Sovereign debt and sovereign risk
Daragh Clancy, Central Bank of Ireland
Recording Slides
Model-based simulation: Boom-and-bust scenario with active macroprudential policy
Jaromír Beneš & Tomáš Motl, GIMM
Recording Slides Code
Thursday, April 28 Complete Recording
Content
Speakers
Links
Guest speaker: Borrower-level measures for household credit in Georgia
David Utiashvili, National Bank of Georgia
Recording Slides
Guest speaker: Macroprudential policy frameworks in Ukraine
Pervin Dadashova, National Bank of Ukraine
Recording Slides
Special features of macroprudential modeling
Jaromír Beneš & Tomáš Motl, GIMM
Recording Slides
Friday, April 29 Complete Recording
Content
Speakers
Links
Delta method for scenario building with examples
Jaromír Beneš & Tomáš Motl, GIMM
Recording Slides Code
Modeling macroprudential policies: DSTI limits
Jaromír Beneš & Tomáš Motl, GIMM
Recording Code
Reverse stress-testing, application to EBA stress tests
Jaromír Beneš & Tomáš Motl, GIMM
Recording Slides Code