Workshops



Workshop On Macroprudential Policy and the CCyB

15 de enero de 2024 – 8:30-17:00 horas  

La Gerencia de Estabilidad Financiera tiene el agrado de invitar a un taller sobre Política Macroprudencial y el Requerimiento del Capital Contracíclico. El taller abordará elementos de modelación y análisis de política macroprudencial, con énfasis en la puesta en practica de este tipo de política, y también tocará elementos de medida y definición de tasas neutrales para el Requerimiento de Capital Contracíclico en el mundo. El taller traerá a académicos y formuladores de política de distintos países para discutir estos temas, con una presentación magistral entregada por Erlend Nier, sub jefe de división de Mercados Monetarios y de Capitales del Fondo Monetario Internacional. El objetivo es conocer las experiencias y aplicaciones de esta herramienta en otras economías.


January 15th, 2024

Keynote

Erlend Nier, Deputy Division Chief, Monetary and Capital Markets Department, International Monetary Fund.


A quantitative analysis of the countercyclical capital buffer

Miguel Faria e Castro, Economic Policy Advisor, Research Division, Federal Reserve Bank of St. Louis.

Discussant: Valerio Scalone, Financial Stability Expert at the ECB


Calibrating the Countercyclical Capital Buffer for Italy

Pierluigi Bologna, Head of Division, Financial Stability Directorate, Bank of Italy.

Discussant: Mauricio Calani, Head of Macro-Financial Modeling Department, Central Bank of Chile.


Risk-to-Buffer: Setting Cyclical and Structural Capital Buffers through Banks Stress tests

Valerio Scalone, Financial Stability Expert at the ECB.

Discussant: Sofia Bauducco, Head of Economic Studies, Central Bank of Chile.


Creditable capital: macroprudential regulation and bank lending in stress

Aniruddha Rajan, Research Economist, Prudential Policy Directorate, Bank of England.

Discussant: Patricio Toro, Department of Micro-Financial Studies, Central Bank of Chile


How to release capital requirements during a pandemic? Evidence from euro area banks

Alessio Reghezza, Financial Stability Expert at the ECB.

Discussant: Aniruddha Rajan, Research Economist, Prudential Policy Directorate, Bank of England


A positive neutral rate for the countercyclical capital buffer state of play in the banking union

Markus Behn, Senior Team Lead Financial Stability, Macroprudential Policy Division, European Central Bank.

Discussant: Miguel Fuentes, Head of Financial Stability, Central Bank of Chile.


How usable are capital buffers?

Georg Leitner, Senior Economist at the ECB.

Discussant: Kevin Cowan, Professor, School of Business, Adolfo Ibañez University


 
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