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Alfred Taudes (Vienna University of Economics and Business) – Cryptoeconomics – The Basis for a Future Digital Economy?
11:00 a.m., Oesterreichische Nationalbank, Garnisonsgasse 15, 1090 Vienna, Veranstaltungssaal (O3085), 3rd floor
Today´s most valuable corporations Google, Facebook or Amazon are Internet platforms. Their value is derived from the extraction of the network effects that arise in two-sided markets involving information goods with zero marginal cost, lock-in and machine learning.
83rd East Jour Fixe of the Oesterreichischen Nationalbank
09:00 a.m., Oesterreichische Nationalbank, Otto-Wagner-Patz 3, 1090 Wien
Catching the wind: current challenges and opportunities for European integration and convergence
Global Economy Lecture on Trade, Inequality and Populism
4:00 p.m., Oesterreichische Nationalbank, Otto-Wagner-Patz 3, 1090 Vienna
This year’s Global Economy Lecture will be given by Caroline Freund, Director of Macroeconomics, Trade and Investment of The World Bank.
Martin Wolf (Universität Wien) – Optimal Prudential Policy in Economies with Downward Wage Rigidity
11.00 a.m., Oesterreichische Nationalbank, Otto-Wagner-Platz 3, 1090 Vienna, Veranstaltungssaal, Ground floor
This paper studies optimal policy in economies with downward nominal wage rigidity when only prudential instruments are available.
Conference on European Economic Integration (CEEI) 2018 -
Vienna Marriott Hotel, Parkring 12a, 1010 Vienna
How to finance cohesion in Europe?
Anne Duquerroy (Banque de France) – Unconventional Monetary Policy and Bank Lending Relationships
11:00 a. m., Oesterreichische Nationalbank, Otto-Wagner-Platz 3, 1090 Vienna, Veranstaltungssaal, Ground floor,
How to support private lending to firms in recessions is a major open question. This paper examines how banks adjust their firm lending portfolios in a downturn by exploiting an unexpected unconventional monetary policy that reduced the cost of funding bank loans to a subset of firms in France in 2012.