The Future of Money

SHoF hosted a conversation with the Governor of Sveriges Riksbank Stefan Ingves and Gary Gorton, professor of Finance at the Yale School of Management on how we might think about digital currencies and decentralised finance.

About a hundred years ago, every sovereign state decided that the government should have monopoly of the production of money. Today, we see privately produced money widely used as we quickly move into new technologies in the payments sphere. What are the key challenges in this landscape and potential opportunities?

Participants

Gary B. Gorton, Frederick Frank Class of 1954 Professor of Management & Professor of Finance at Yale School of Management.

Stefan Ingves, Governor of Sveriges Riksbank.

The seminar will be held in English and moderated by Pehr Wissén, Professor Emeritus of Practice, Swedish House of Finance.

Practical Information

Date: Friday, September 30

Time: 8:00 – 9:15. Breakfast and registration from 7:45

Location: Swedish House of Finance, Drottninggatan 98

General questions:event@houseoffinance.se
Press contact: Fathin Ungku,fathin.ungku@hhs.se

Presentations

Gary Gorton (Yale University)

Stefan Ingves (Sveriges Riksbank)

Gary B. Gorton

Gorton’s research looks into the role of stock markets and banks, arbitrage pricing, commodity futures, bank capital, bank production of liquidity, loan sales, securitization, bank loan pricing, and bank regulation. He also works on corporate control issues and asset pricing theory, including models of asset price bubbles and game theoretic models of trading and asset pricing. Gorton has consulted for the U.S. Board of Governors of the Federal Reserve System, various U.S. Federal Reserve Banks, the Bank of England, the Bank of Japan, and the Central Bank of Turkey.

Stefan Ingves

Ingves is the governor of the Riksbank and the chairman of its executive board. He is also the chairman of the BIS Banking and Risk Management Committee (BRC) and sits on the BIS Board of Directors. Ingves is a member of the ECB General Council, the first Vice-Chair of the European Systemic Risk Board (ESRB) and governor for Sweden in the IMF. He had previously been Chairman of the Basel Committee and holds a PhD in economics.