Bank of Lithuania
July 01 12:30 - 17:40
July 02 08:30 - 15:40
Vilnius Gedimino pr. 35

The Bank of Lithuania is organising international conference ‘Real estate taxation and macroprudential policy’.

The Bank of Lithuania is organising international conference ‘Real estate taxation and macroprudential policy’, which will bring together high-level policy makers from European and international institutions and central banks, as well as prominent academics and experts to share their knowledge on links between real estate-related taxation and macroprudential policy by analysing the macroprudential impact of various real estate-related taxation systems and practices as well as potential synergies between these two policies. The event is designed to be a unique opportunity for key stakeholders to share their views and present ideas and experiences on this interesting topic of macroprudential regulation. Issues on its implementation, interaction with other policies and effectiveness will be debated and further elaborated in the country case studies presenting the particular challenges dealt with in practice.

Preliminary agenda:

Day 1

12:30-13:00

Registration and welcome coffee

13:00-13:10

Welcome remarks Tomas Garbaravičius, Member of the Board, Bank of Lithuania

13:10-13:40

Keynote speech – Henrik Braconier, Chief Economist, Finansinspektionen, Sweden

SESSION 1

REAL ESTATE-RELATED TAXATION:
THEORY, PRACTICE AND LINKS WITH MACROPRUDENTIAL POLICY

13:40-14:40

 

Moderator – John Fell, Deputy Director General, DG Macroprudential Policy
and Financial Stability, ECB

Speakers:

Hansjörg Blöchliger, Senior Economist, Head of the Russia and Lithuania desk, OECD

Deniz Igan, Deputy Chief, Macro-Financial Division of the Research Department,
International Monetary Fund

Dubravko Mihaljek, Advisor, Monetary and Economic Department,
Bank for International Settlements

14:40-15:10

Panel discussion and Q&A

15:10-15:30

Coffee break

SESSION 2

COUNTRY EXPERIENCES AND CHALLENGES WITH RESIDENTIAL REAL ESTATE-RELATED TAX SYSTEMS (PART I)

15:30-17:00

Moderator – Dubravko Mihaljek, Advisor, Monetary and Economic Department,
Bank for International Settlements

Speakers:

Katrine Graabæk Mogensen, Head of Macroprudential policy, Danmarks Nationalbank

Martin O’Brien, Head of Macroprudential Policy, Central Bank of Ireland

Torbjørn Hægeland, Executive Director, Financial Stability, Norges Bank

Banco de España (TBC)

17:00-17:30

Panel discussion and Q&A

17:30-17:40

End of conference Day 1

 

Day 2

8:30-9:00

Registration and welcome coffee

9:00-9:10

Welcome remarks – Vitas Vasiliauskas, Governor, Bank of Lithuania

9:10-9:40

Keynote speech – Klaas Knot, President, De Nederlandsche Bank

SESSION 3

Policy discussion: REAL ESTATE-RELATED TAXATION AND MACROPRUDENTIAL POLICY: SUBSTITUTES OR COMPLEMENTS?

9:40-10:40

Moderator – Tomas Garbaravičius, Member of the Board, Bank of Lithuania

Speakers:

Vilius Šapoka, Minister of Finance, Ministry of Finance of the Republic of Lithuania

Marja Nykänen, Deputy Governor, Bank of Finland

John Fell, Deputy Director General, DG Macroprudential Policy and Financial Stability, ECB

10:40-11:10

Panel discussion and Q&A

11:10-11:30

Coffee break

SESSION 4

ASSESSING THE IMPACT AND EFFECTIVENESS OF RESIDENTIAL REAL ESTATE TAXES IN ADDRESSING RISKS TO FINANCIAL STABILITY

11:30-12:30

Moderator – Deniz Igan, Deputy Chief, Macro-Financial Division of the Research Department, International Monetary Fund

Speakers:

Tigran Poghosyan, Senior Economist at the European Department, International Monetary Fund

ECB (TBC)

Jean-Pierre Zigrand, Director of the Systemic Risk Centre, London School of Economics and Political Science (TBC)

12:30-13:00

Panel discussion and Q&A

13:00-14:00

Lunch break

SESSION 5

COUNTRY EXPERIENCES AND CHALLENGES WITH RESIDENTIAL REAL ESTATE-RELATED
TAX SYSTEMS (PART II)

14:00-15:00

Moderator – Henrik Braconier, Chief Economist, Finansinspektionen, Sweden

Speakers:

Nationale Bank van Belgiё (TBC)

Benjamin Weigert, Director General Financial Stability, Deutsche Bundesbank

Toby Fiennes, Head of Department Financial System Policy and Analysis, The Reserve Bank of New Zealand (TBC)

Bank of Canada (TBC)

15:00-15:30

Panel discussion and Q&A

15:30-15:40

End of the conference, closing remarks

 

Last update: 02-04-2019