09:15 – 09:30 Welcome Address by deputy Governor Agnès Benassy-Quéré (Banque de France)
09:30-10:30 KEYNOTE by Rodney GARRATT (BIS)
SESSION 1 – Crypto-Assets and the Financial System | Chair: Fany DECLERCK (Toulouse School of Economics)
11:00 – 11:45 Bruno BIAIS (HEC Paris), Jean-Charles ROCHET (TSE), and Stéphane VILLENEUVE (TSE)
The Costs and Benefits of Cryptocurrencies
Discussant: Guillaume ROCHETEAU (Univ. California Irvine)
11:45 – 12:30 Gary B. GORTON (Yale), Elizabeth C. KLEE (FED), Chase P. ROSS (FED), Sharon Y. ROSS (FED), and Alexandros VARDOULAKIS (Federal Reserve Board)
Leverage and Stablecoin Pegs (presentation)
Discussant: Eric MENGUS (HEC)
SESSION 2 – The Impact of the Digital Revolution on Macro and Finance | Chair: Régis BRETON (Banque de France)
13:15 – 14:00 Dirk NIEPELT (University of Bern)
Payments, Velocity, Prices and Output (presentation)
Discussant: Guillaume PLANTIN (Sciences Po)
14:00 – 14:45 Naz KOONT (Columbia)
The Digital Banking Revolution: Effects on Competition and Stability (presentation)
Discussant: Margherita BOTTERO (Banca d’Italia)
14:45 – 15:30 Alfred LEHAR (University of Calgary) and Christine A. PARLOUR (Berkeley)
Miner Collusion and the BitCoin Protocol
Discussant: Christophe BISIÈRE (Toulouse School of Economics)
SESSION 3: The Economics of Central Bank Digital Currency | Chair: Yackolley AMOUSSOU-GUENOU (Université Paris Panthéon-Assas)
15:45 – 16:30 Cyril MONNET (University of Bern), Asgerdur PETURSDOTTIR (University of Bath), and Mariana ROJAS-BREU (Université Paris Panthéon-Assas)
Central Bank Account for All: Efficiency and Risk Taking (presentation)
Discussant: Maarten VAN OORDT (VU Amsterdam)
16:30 – 17:15 Katrin ASSENMACHER (ECB), Massimo FERRARI MINESSO (ECB), Arnaud MEHL (ECB), and Maria SOLE PAGLIARI (De Nederlandsche Bank)
Managing the Transition to Central Bank Digital Currency (presentation)
Discussant: Jean BARTHÉLÉMY (Banque de France)
PANEL: The making of a retail Central Bank digital currency
17:15 – 18:30 Moderator: Vincent Bignon (Banque de France), with Rodney GARRATT (BIS), Maria DEMERTZIS (Bruegel), Alexandre STERVINOU (Banque de France), Marianne VERDIER (Paris Panthéo-Assas)