The US dollar as a global currency: challenges and perspectives, 8th BdF-BoE-BdI International Macroeconomics Workshop

Banque de France, Bank of England and Banca d’Italia are organizing their 8th edition of the International Macroeconomics Workshop, on November 8, 2022. This year’s edition focuses on the role of the dollar in international finance and trade.

BdI-BdF-BoE International Macroeconomics Workshop

Rome, Tuesday 8 November 2022

Banca d’Italia


8:30    Registration and Welcome coffee

9:00    Bank Foreign Liabilities and Capital Requirement
           Caterina Mendicino (ECB), with L. Falasconi, D. Supera
           Discussant: Nuno Coimbra (Banque de France)

10:00  Jumpstarting an International Currency

          Saleem Bahaj (UCL & Bank of England), with R. Reis

           Discussant: Friederike Niepmann (Fed Board)

11:00  Break

11:30  Keynote lecture: 

          The US, China, and the Future of the International Monetary System

          Jesse Shreger (Columbia University)

12:30  Lunch

13:30  International Capital Markets and Wealth Transfers

          Julien Penasse (U. de Luxembourg), Magnus Dahlquist, Anna Pavlova, Christian Heyerdahl-Larsen

          Discussant: Dmitry Mukhin (LSE)

14:30  The Dollar and Global Financial Collapse

          Diego Bohorquez (Pompeu Fabra)

          Discussant: : Anna Rogantini Picco (Sveriges Riksbank)

15:30  Break

16:00  An unintended consequence of holding dollar assets
           Robert Czech (Bank of England), with S. Huang, D. Lou, T. Wang
           Discussant: Margherita Bottero (Banca d’Italia)

17:00  Foreign Exchange Interventions with UIP and CIP deviations

           Philippe Bacchetta (U de Lausanne), with K. Benhima, B. Berthold

           Discussant: Egemen Eren (BIS)

18:00  Adjourn


Organizers: Antoine Berthou (BdF), Ambrogio Cesa-Bianchi (BoE), Aydan Dogan (BoE), Fabrizio Venditti (BdI)

Updated on: 10/28/2022 16:27