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Monetary policy after the financial crisis

On 14 March 2013, as part of the After Work Lectures series, Dr. Katrin Assenmacher of the Swiss National Bank will deliver a lecture on the consequences of the expansive monetary policies being pursued by central banks.

On 14 March 2013, as part of the After Work Lectures series hosted by the University of Liechtenstein, Dr. Katrin Assenmacher of the Swiss National Bank will deliver a lecture on the consequences of the expansive monetary policies being pursued by central banks.

Since the financial and economic crisis, many central banks across the globe have been pursuing expansive monetary policies. As a result of the measures taken – conventional as well as unconventional – the global economy was spared deflation and depression. In this respect, the Swiss National Bank is no exception.

When interest rates hit the zero per cent floor, further measures were implemented, of which the intervention in the currency market is probably the best known. These expansive monetary policy steps are, however, connected with a series of risks. As well as the danger of inflation, financial stability is also threatened as a result of unsustainable developments in the real-estate sector. These issues will be examined in detail in the public After Work Lecture at the University of Liechtenstein on Thursday, 14 March 2013, from 5.30 p.m.




Internationally connected speaker

Dr. Katrin Assenmacher is the head of Monetary Policy Analysis at the Swiss National Bank and a lecturer at the University of Zurich. She was not only a member of the Research Advisory Committee of the Czech National Bank, but has also worked at the Federal Reserve Bank of St. Louis, the Austrian National Bank and the ECB, as well as serving as a visiting professor at the University of Copenhagen and the University of Southern California.

 Her research focuses on monetary policy and time-series econometrics. She has published numerous articles in international academic journals on modelling the role of money in the inflation process, analyses of business cycles and evaluations of the response functions of central banks.




The series of After Work Lectures is the result of a collaboration between the University of Liechtenstein and the Liechtenstein Society of Investment Professionals.

After Work Lecture: Monetary policy after the financial crisis

University of Liechtenstein, Vaduz
Thursday, 14 March 2013, 5.30 p.m. to 7.00 p.m.
Lecture and discussion held in English. Entry is free.
Information and registration at www.uni.li/awl by 12 March 2013