Monetary policy and financial markets | Bridging science and practice

Source: European Central Bank (video statements)

Session 1 on the first day of the ECB Conference on Monetary Policy 2025.

Chair: Wolfgang Lemke, European Central Bank

“Equity Duration and Interest Rates”
Niels Gormsen, University of Chicago Booth School of Business & NBER
Co-Author: Eben Lazarus
Discussant: Mariano M. Croce, Bocconi University

The 8th Conference on Monetary Policy featured once more an impressive academic line-up and was held as a hybrid event. The three conference sessions tackled issues related to monetary policy, including the role of financial markets and financial intermediaries in monetary policy transmission, and with relation to the current situation of elevated economic and geopolitical uncertainty. A special session showcased monetary policy related research by young economists.

Watch all sessions from the conference: https://www.youtube.com/watch?v=uHL-GiSCIeg&list=PLnVAEZuF9FZmf9OqnaZC1MoI91YBHNe5e

See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20251006_monetary_policy_conf.en.html

https://www.youtube.com/watch?v=HV6eQ3o55Go