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BEGIN:VEVENT
UID:d7985343aabb84de7fa81799eacb999b
CATEGORIES:Seminars
CREATED:20170410T165739
SUMMARY:Lunch Seminar: Jean-Pierre Danthine - Paris School of Economics
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p style="text-align: justify;"><strong>Monetary Policy with a Safe Haven C
 urrency</strong></p><p style="text-align: justify;">Abstract:<br /> The Glo
 bal Financial Crisis has thrown a number of rare challenges to central bank
 ers around the world, notably to those in charge of a small open economy wi
 th a safe haven currency. The talk will review the sequence of monetary pol
 icy measures adopted since 2008 by the Swiss National Bank in order to insu
 re appropriate monetary conditions at the Zero Lower Bound. The introductio
 n of an exchange rate floor between the Swiss franc and the euro, its subse
 quent abolition, and the introduction of negative interest rates will be mo
 tivated and lessons will be drawn. Open issues and gaps between practice an
 d theory will be highlighted.</p>
DTSTAMP:20260405T185700Z
DTSTART:20160420T130000Z
DTEND:20160420T140000Z
SEQUENCE:0
TRANSP:OPAQUE
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