The Workshop on “The Central Bank Balance Sheet in a Long-term Perspective” 2015 will be organised by the Oesterreichische Nationalbank and the University of Vienna, Department of Economic and Social History and will commence on October 1, 2015 in Vienna, Austria.
With the recent quantitative easing by some major central banks and large-scale purchases of foreign exchange by others, the central bank balance sheet – for a long time sideshow to interest rate policy – has moved into the focus of public interest. Questions raised include the channels through which QE impacts central banks’ balance sheets and how shifts in the composition of assets and liabilities impact the economy as well as the possible repercussions on central banks themselves, as the risk of substantial losses might affect their ability to effectively pursue their objectives in the future.
The aim of the workshop on central bank balance sheets is to gather scholars who have worked with historic central bank balance sheets to put these current debates into a longer-term perspective. We particularly welcome contributions that highlight the challenges posed by analyzing balance sheets both in a cross section and over time, notably by potentially different meanings of balance sheet categories and changes in the underlying operations.
The workshop is organized in conjunction with the 10th conference of the South-East European Monetary History Network on “Financial development and economic growth in South-East Europe – a historical and comparative perspective” which will be held on October 1. It is also possible to attend the conference as an observer only. If you wish to make use of this option we kindly request that you register your attendance, as the number of participants is limited.
- Carsten Burhop (University of Vienna)
- Peter Eigner (University of Vienna)
- Clemens Jobst (Oesterreichische Nationalbank)
- Doris Ritzberger-Grünwald (Oesterreichische Nationalbank)