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Open Research Seminar: Disinflation in small open and closed economies

Open Research Seminar: Disinflation in small open and closed economies

On 13 December 2018, the National Bank of Ukraine will held its traditional open research seminar where Oleksandr Faryna, National Bank of Ukraine, and Magnus Jonsson, Sveriges Riksbank, will present their recent research work “Disinflation in small open and closed economies”, co-authored with Nadiia Shapovalenko, National Bank of Ukraine.

The seminar will be dedicated to an important topic for Ukraine – how the central bank under a lack of credibility should introduce and implement a policy of reducing the long-term inflation rate avoiding large short-term output losses. Authors use a New Keynesian DSGE model with sticky prices and imperfect credibility of the central bank to examine the major mechanisms in forming agents’ expectations about future long-term inflation rate.

The seminar’s working language will be English.

Seminar venue: room 206, 9, Instytutska St., Kyiv. The venue can be accessed via the central entrance.

The seminar starts at 4 p.m. Registration of participants will take place from 3.45 p.m. to 3.55 p.m. To be admitted into the NBU, which is a restricted access facility, you must show your ID.

In order to participate in the seminar, please submit an application stating your forename, surname, place of employment, and contact details (telephone, e-mail) to [email protected]. The application deadline is 4 p.m. on 12 December 2018. Given the limited number of available seats, the NBU reserves the right to accept or reject applications. Each participant will receive an email saying whether their application has been accepted or rejected.

The NBU invites researchers to present findings of their studies on issues related to the NBU’s activities and the operation of the financial system at the NBU’s research seminars. Email your proposals (stating a desired seminar date, presentation materials, an executive summary and/or draft contributions) to the NBU Research Division of the Monetary Policy and Economic Analysis Department (email: [email protected]).

The materials of previous open research seminars are available at link.

The NBU launched open research seminars in July 2015. These seminars provide an opportunity to the representatives of the academic and expert community, international financial institutions, other central banks, and the NBU to share their research findings, and to discuss them with their peers.

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