The Annual Conference of the Central Bank of Chile is one of the most important events organized by the Bank. It brings together experts, researchers and academics from central banks and monetary policy authorities of numerous countries, with the purpose of promoting and discussing the latest developments in economic research on macroeconomic and international economic issues.
Annual Conference
Annual Conference
Conferences
XXVIII Annual Conference of the Central Bank of Chile
Monetary Policy, Financial Markets, and Challenges Ahead: Celebrating the Centennial of the Central Bank of Chile
Location: Hotel Ritz-Carlton, Santiago, Chile, on November 20th and 21st, 2025.
Keynotes Speakers
O. Blanchard, R. Costa, G. Gopinath, J. Williams
Presenters:
E. Albagli, R. Caballero, G. Carlomagno, A. Cieslak, J. Galí, P-O. Gourinchas, R. Kekre, A. Krishnamurthy, S. Leduc, G. Lorenzoni, M. Maggiori, K. Schmidt-Hebbel, A. Vissing-Jorgensen, I. Werning
Policy panels:
Agustín Carstens, Carlos Viana de Carvalho and Governors of Central Banks of Colombia, Norway, Perú, Spain and Uruguay.
Live Broadcast:
- Online registration through this form
- Event Images (Flickr)
- Press Release: Central Bank of Chile concludes the XXVIII Annual Conference with a strong turnout. (November 24th, 2025).
- Press Release: The Central Bank of Chile holds the second day of the XXVIII Annual Conference (November 21th, 2025).
- Press Release: The Central Bank of Chile inaugurates its XXVIII Annual Conference. (November 20th, 2025).
- Press Release: The Central Bank of Chile will address ‘Monetary Policy, Financial Markets, and Future Challenges: Celebrating the Centennial of the Central Bank of Chile’ at its XXVIII Annual Conference. (November 3rd, 2025).
For more information, contact pschilling@bcentral.cl.
Thursday, November 20
A Model of U.S. Monetary Policy and the Global Financial Cycle
Rohan Kekre (University of Chicago)
Discussant: Sylvain Leduc (Federal Reserve Bank of San Francisco)
Chair: Claudio Soto, Board Member, Central Bank of Chile
Disappearing Dollar Convenience?
Arvind Krishnamurthy (Stanford University)
Discussant: Annette Vissing-Jorgensen (Federal Reserve Board)
Chair: Luis Felipe Céspedes, Board Member, Central Bank of Chile
Risk Management in Monetary Policy: Asset Pricing Implications
Anna Cieslak (Duke University)
Discussant: Jordi Galí (Universitat Pompeu Fabra)
Chair: Luis Felipe Céspedes, Board Member, Central Bank of Chile
Financial Conditions Targeting in a Multi-Asset Open Economy
Ricardo Caballero (Massachusetts Institute of Technology)
Discussant: Elías Albagli (Central Bank of Chile)
Chair: Luis Óscar Herrera, General Manager, Central Bank of Chile
What about Fiscal Policy?
Olivier Blanchard (Petersen Institute)
Chair: Luis Óscar Herrera, General Manager, Central Bank of Chile
Friday, November 21
Tariffs, Intertemporal trade, and Trade Deficits
Guido Lorenzoni (University of Chicago)
Discussant: Iván Werning (MIT)
Chair: Claudio Raddatz, Director, Financial Stability Division, Central Bank of Chile
Fundamental Drivers of Financial Conditions
Guillermo Carlomagno (Central Bank of Chile)
Discussant: Klaus Schmidt-Hebbel (Universidad del Desarrollo)
Chair: Alberto Naudon, Board Member, Central Bank of Chile
Geoeconomic Challenges to the Policy Framework
Matteo Maggiori (Stanford University)
Discussant: Pierre-Olivier Gourinchas (International Monetary Fund)
Chair: Alberto Naudon, Board Member, Central Bank of Chile
Money and Sovereignty
Gita Gopinath (Harvard University)
Chair: Sofía Bauducco, Manager, Economic Studies Department, Central Bank of Chile
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