Conference on « The New Challenges For Central Bank Communication»


Location :

Université Saint-Louis – Bruxelles, Boulevard du Jardin Botanique 43, 100 Brussels
Salle des Examens

17th December 2018

8:30 – 8:55               Registration and welcome coffee

8:55 – 9:00               Welcome speech

9:00 – 10:45             Communication of Monetary Policy in Unconventional Times

Session chair: Stefano Nardelli, ECB

“The Value of Central Bank Communication” Renaud Beaupain, Alexandre Girard

Discussant: Matthieu Picault (University of Orléans)

“Central bank’s sentiment and media sentiment”, Matthieu Picault, Julien Pinter, Thomas Renaud

Discussant: Elisa Darriet (LEMMA, Université Paris 2)

“Anchoring inflation expectations: French students’ perception in a post economic crisis context” Elisa Darriet

Discussant: Anouk Claes (Université Saint-Louis Bruxelles)

10:45 – 11:15                       Coffee Break

11:15 – 12:15                       Keynote Lecture

Pierre Siklos, Professor of Economics at Wilfrid LaurierUniversity’s School of Business and Economics

12:15 – 13:45                       Lunch Break

13:45 – 16:00                       Effectiveness of Central Bank Communication

Session chair: Matthias Neuenkirch, Trier University

“ECB vs. Bundesbank: Diverging Tones and Policy Effectiveness” Peter Tillmann, Andreas Walter

Discussant: Michael Lamla (University of Essex)

“Does People Bank of China’s Communication Matter? Evidence from Financial Markets’ Reaction” Hamza Bennani

Discussant: Matthias Neuenkirch (Universität Trier)

“Central Bank Announcements: Big News for Little People?” Michael J. Lamla, Dmitir V. Vinogradov

Discussant: Peter Tillman (Justus Liebig University Giessen)

“Financial Stability and the Fed: Evidence from Congressional Hearings” Arina Wischnewsky, David-Jan Jansen, Matthias Neuenkirch

Discussant: Hamza Bennani (Université Paris Nanterre)

 16:00-16:30             Coffee Break

16:30-18:15             Evaluating Central Bank Communication

Session chair: Kris Boudt, Vrije Universiteit Brussel

“Measuring ECB’s Communication: a “Media-Based” Automated Approach” Francesco Pesci

Discussant: Sylverie Herbert (Cornell University)

“Strategic Communication with Heterogenous beliefs” Sylverie Herbert

Discussant: Alexandre Girard (University Saint-Louis Bruxelles)

“The Sentometrics Approach for Textual Sentiment based Predictions” David Ardia, Kevin Bluteau, Samuel Borms, Kris Boudt

19h30 Social Diner at « La Rose Blanche », Grand-Place, Brussels.  

Financial support from the Belgian French speaking community ARC project n°15/20-072 is acknowledged. 

Registration is compulsory before December 13th. To register, please send an e-mail to Alexandre Girard ( or to Laura Bertora (