Monetary policy instruments and crisis management
PrintMonetary policy instruments and crisis management
Dániel Felcser, Head of Department
Dear Applicant,
Please let us inform you that we have reached full capacity for our upcoming seminar, and unfortunately, we are no longer able to accept any additional registrations.
We appreciate your interest and apologize for any inconvenience this may cause.
Purpose of the seminar
The course provides an overview on various crises management practices covering a wide range of central bank functions and responsibilities. The participants have the chance to gain insight into the role and functioning of monetary policy instruments through firsthand experiences and learn the macro- and micro-prudential perspectives of managing liquidity crises in the banking sector. To prepare for one of the greatest challenges ahead, the course concludes with a selection of climate related policies. Participants are encouraged to share their monetary policy experiences and challenges during the 4-day course.
Contents/ Main topics to be discussed
- Structural concepts of the monetary policy framework and transmission mechanism
- Role of monetary policy toolkit in implementation and main instruments
- Early warning indicators and chart set
- Strategy and communication in crises times
- Collateral management and eligible collaterals
- Policy responses to access-to-finance problems in the real economy
- Case studies covering recent crises times in different markets
- The use of international network of central banks and supranational institutions
- Risk characteristics of bank balance sheets, possible measures to deal with liquidity and solvency risks
- Overview on bank resolutions
- Climate risks and possible strategies for central bank intervention and green monetary policy strategy
Target group
Experts and senior experts in monetary policy field