Sehr geehrter Kolleginnen und Kollegen Ich darf Sie herzlich zu einer Präsentation und Diskussion einer aktuellen IWF-Studie zum Thema „Negative Interest Rates: Effectiveness and Side Effects“ am Donnerstag, 6.5., 15:00-16:15 einladen. Sie können diese Einladung gerne auch an interessierte Kolleginnen und Kollegen weiterleiten. Anmeldung<https://www.suerf.org/webinars/1549/negative-interest-rates-effectiveness-and-side-effects-taking-stock#register> online bitte hier<https://www.suerf.org/webinars/1549/negative-interest-rates-effectiveness-and-side-effects-taking-stock#register>. Mit freundlichen Grüßen Ernest Gnan Prof Dr Ernest Gnan Counsel to the Board and Head, Economic Analysis Division Oesterreichische Nationalbank PO box 61, 1011 Vienna, Austria ernest.gnan@oenb.at<mailto:ernest.gnan@oenb.at> +43 1 40420 7400 Secretary General, SUERF – The European Money and Finance Forum www.suerf.org<http://www.suerf.org> [Suerf]<https://www.suerf.org/> Invitation www.suerf.org<http://www.suerf.org/> SUERF BAFFI BOCCONI E-Lectures Thursday, 6 May 2021 15:00-16:15 CET Cisco WebEx [cid:image002.jpg@01D740F6.DEFCF050] Negative Interest Rates: Effectiveness and Side Effects – Taking Stock<https://www.suerf.org/webinars/1549/negative-interest-rates-effectiveness-and-side-effects-taking-stock> With Gaston Gelos, IMF, Florian Heider, ECB and Jesper Berg, Danish Financial Stability Authority. Moderated by Jakob de Haan, SUERF President About the webinar: Over past years, several central banks around the world have lowered policy rates below zero. Also, bond yields have entered negative territory as a result of central banks’ asset purchase programmes. How effective has negative interest rate policy been in stimulating aggregate demand and in bringing inflation up back to target? What were the effects on banks’ profitability and on the monetary transmission mechanism? What other side effects emerged? Speakers [cid:image007.jpg@01D73522.70749E10] [cid:image010.jpg@01D740F6.DEFCF050] [cid:image011.jpg@01D740F6.DEFCF050] [cid:image012.jpg@01D740F6.DEFCF050] Gaston Gelos Assistant Director, Chief of the Monetary and Macroprudential Policies Division, IMF Florian Heider Head, Financial Research ECB Jesper Berg Director General, Danish Financial Stability Authority Jakob de Haan SUERF President, Professor, University of Groningen After the presentations there will be time for questions and an interactive discussion. ________________________________ Registration<https://www.suerf.org/webinars>: To participate in the workshop please sign up here<https://www.suerf.org/webinars>. Feel free to share this invitation with colleagues in your institution who might be interested to attend! ________________________________ With friendly support of the Intesa Sanpaolo Chair in Economics of Financial Regulation, Bocconi University. SUERF - The European Money and Finance Forum c/o OeNB, Otto-Wagner-Platz 3, A-1090 Vienna<https://maps.google.com/?q=Otto-Wagner-Platz+3,+A-1090+Vienna&entry=gmail&source=g> Tel: +43 1 40420 7216<tel:+431404207216> - E-mail: suerf@oenb.at<mailto:suerf@oenb.at>. Privacy Policy<https://www.suerf.org/privacy-policy> I Terms and Conditions<https://www.suerf.org/terms-and-conditions>. [Suerf On Twitter] <https://twitter.com/suerf_org> [Suerf On LinkedIn] <https://www.linkedin.com/company/suerf---the-european-money-&-finance-forum> Diese E-Mail kann vertrauliche Informationen enthalten und irrtümlich an Sie gelangt sein. In diesem Fall informieren Sie bitte sofort die Absenderin bzw. den Absender und vernichten Sie diese E-Mail. Das unerlaubte Kopieren sowie die unbefugte Weitergabe dieser Mail oder von Teilen dieser Mail sind nicht gestattet. Informationen gemäß DSGVO zur Verarbeitung personenbezogener Daten durch die OeNB finden Sie unter www.oenb.at/datenschutz<https://www.oenb.at/datenschutz>.