with Giuseppe Ferrero (Bank of Italy)
In recent years, partly because of the financial and the pandemic crises, money has again returned to the fore in the public debate. What part does money actually play within a society and what underpins the value of money in the long term? Why is price stability the main goal of monetary policy in the contemporary market economy framework? What does a central bank need to do to keep its currency stable over time? What are the links between the money supply process and financial stability? What is the relationship between bank money and the money supplied by central banks? These are just some of the questions the meeting will cover.
Giuseppe Ferrero is currently head of the Monetary Analysis Division of the Economic Outlook and Monetary Policy Directorate. He has a PhD in Economics from the Universitat Pompeu Fabra in Barcelona. He joined the Bank of Italy as part of its Economic Research Department in 2002 and has worked on monetary policy ever since, participating in international working groups on monetary policy and financial stability as a Bank of Italy representative. He contributes to international journals and series published by the Bank of Italy, and is a frequent speaker at seminars and conferences. He regularly lectures on Eurosystem monetary policy at a number of Italian universities.