Banca d'Italia hosts second annual monetary policy conference
The Banca d'Italia hosted its second Annual Research Conference on Monetary Policy on June 18-19, 2026. The two-day event featured keynote lectures and research presentations on current monetary policy challenges.
Leading voices in monetary economics
The Banca d'Italia hosted its second Annual Research Conference on Monetary Policy on June 18-19, 2026, bringing together leading economists to discuss current challenges.
Keynote lectures were delivered by Fernando Alvarez of the University of Chicago, Ivan Werning from MIT, and Michael Woodford of Columbia University.
The conference, held at Palazzo Koch and Centro Carlo Azeglio Ciampi, featured a rigorous academic format with 40-minute paper presentations followed by 10-minute discussions.
Deputy Governor Gian Luca Trequattrini opened the event, emphasizing the importance of research in navigating complex monetary landscapes.
Poster sessions provided additional platforms for researchers to share their work.
Exploring policy instruments and transmission
The two-day conference was structured around five thematic sessions, delving into critical aspects of monetary policy.
These included discussions on monetary policy instruments, transmission mechanisms, and the role of heterogeneity in economic models.
Further sessions explored information frictions, learning processes, and optimal monetary policy responses to inflation, including housing inflation.
Presenters and discussants represented a wide array of institutions, from the European Central Bank and the Federal Reserve Board to various universities, fostering a broad and international academic exchange.