Forthcoming Events

October | November | December | January 2018 | February 2018 | March 2018 | April 2018 | May 2018 | June 2018 | July 2018 | August 2018 | September 2018

Conferences, workshops and lunchtime briefings: Participation is limited. If you would like to obtain more information, please contact our Events Team.

Dissemination Events: These meetings are open. Email our Events Team for more information.

Meetings for the month of March 2018

2017 (entire year)

01/03/2018 International Financial Integration in a Changing Policy Context - the End of an Era?, Brussels
Hosted By: European Commission
Organizers: Joshua Aizenman, Menzie David Chinn, Leonor Coutinho, Michael B Devereux, Kees Koedijk, Robert Kollmann, Alessandro Antonio Turrini and Stefan Zeugner
DG ECFIN of the European Commission is organizing a conference on the theme ‘International Financial Integration in a Changing Policy Context - the End of an Era?’ in cooperation with the Centre for Economic Policy Research (CEPR), the Journal of International Money and Finance, Tilburg University, the University of British Columbia, the University of Southern California, the University of Wisconsin, and Université Libre de Bruxelles. The Conference will be held at the European Commission in Brussels, on March 1-2, 2018.

Global financial integration has faced major changes and challenges since the 2008-09 global financial crisis. The crisis was followed by a persistent drop in capital flows among advanced economies. In Europe, sharp current account adjustments took place in countries with large deficits, but large surpluses did not correct. Monetary policy in advanced economies experimented with unconventional tools to counter the economic slump and avoid deflation, raising questions about the timing and implementation of policy normalisation, and about the impact of asynchronous moves by monetary authorities on financial flows, current accounts and exchange rates. Regulatory reform has been reshaping international finance since the crisis (e.g., Basel III-IV, EU banking union, macro-prudential regulations, tax harmonization of offshore finance,…) with the effect of strengthening capital positions of financial institutions, but also with implications for credit growth and financial integration. Finally, globalisation is increasingly blamed for limiting national sovereignty on economic matters; protectionist attitudes among voters and political movements are on the rise, and already shape the agenda of a number of governments in advanced economies.

The conference will focus on the state of play with global imbalances, exchange rate developments, and financial integration, with a view to assess challenges from a forward-looking perspective.

The organizers welcome submissions of a theoretical or empirical nature related to the theme of the conference. Suitable topics include (but are not limited to): Current accounts and global imbalances. How are the pattern of global imbalances and the composition of international capital flows changing, and what are the main drivers? What external adjustments will take place? What is the macroeconomic impact of capital controls and other frictions on cross-border capital mobility? What are the implications of trade barriers for trade balances and their dynamics?

Monetary policy and exchange rates. What are the implications of the changing toolbox of central banks for international financial positions? Monetary policy normalization: what implications on international capital flows and exchange rates? What are the prospects for international cooperation to stabilise exchange rates, with what impact on international financial flows?

Cross-border financial flows. How have recent regulatory and policy developments affected the size and the composition of external asset and liability positions of households, corporations and financial institutions? What are the prospects for cross-border financial integration? How are FDI patterns evolving and with what effects? How is FDI affected by current policy trends, including tax reforms, tax harmonization of offshore centres, and other regulatory reforms? Is financial protectionism effective in curbing FDI flows? FDI flows and trade protectionism: what are the links?

The program will include 12 papers. There will be a discussant for each paper. Philip Lane (Governor, Central Bank of Ireland), Gian Maria Milesi-Ferretti (Deputy Director, Research Department, IMF) and Frank Smets (Director General Economics, ECB) will give keynote talks. There will also be a policy panel.

Papers presented at the conference will be eligible to be considered – via an expedited review process – for publication in a special issue of the Journal of International Money and Finance (JIMF). Authors submitting a paper are asked to indicate whether they wish their paper to be considered for the special issue.

The DEADLINE for submitting papers is October 1st, 2017. To submit a paper, please email a draft or extended abstract in PDF format to: (Brussels.IFI@gmail.com) . Preference will be given to completed papers and to detailed drafts. The selected contributors will be notified by November 1st. Contact & questions: Brussels.IFI@gmail.com

Transport and accommodation expenses will be reimbursed according to European Commission rules.

Conference organizers:
Joshua Aizenman (University of Southern California, JIMF co-editor),
Menzie Chinn (University of Wisconsin, JIMF co-editor),
Leonor Coutinho (European Commission),
Mick Devereux (University of British Columbia and CEPR),
Kees Koedijk (Tilburg University and CEPR, JIMF editor),
Robert Kollmann (Université Libre de Bruxelles and CEPR),
Alessandro Turrini (European Commission),
Stefan Zeugner (European Commission).


15/03/2018 CEPR / Bank of Italy Conference: "Labour market participation: Forces at work and policy challenges", Rome
Hosted By: Banca d'Italia
Organizers: Federico Cingano, Francesco D Amuri, Claudio Michelacci and Eliana Viviano
Conference background:
The patterns of labour market participation have recently started to diverge across advanced economies, reflecting structural and demographic factors as well as the long term legacies of the Great Recession, whose impact has been felt differently across countries. A full understanding of labour supply determinants is key to gauge the cyclical response of labour markets to shocks, but also to anticipate the growth prospects of each country, and the degree of its social inclusiveness. The conference aims to provide researchers with an opportunity to present theoretical and empirical research related to these issues.

Papers are invited on the following - non-exhaustive - list of topics:
• Technological change and the new challenges for social inclusion:
• The impacts of changing demographics and migration:
• The role of institutions: retirement, unemployment insurance, active labour market policies, taxation:
• Changes in participation and wage distributions and growth:

The workshop will consist of four sessions, featuring a keynote speech each. Speakers will be: Rafael Lalive (University of Lausanne and CEPR), Alexandre Mas (Princeton University and NBER, Barbara Petrongolo (Queen Mary University of London and CEPR) and Till von Wachter (UCLA and CEPR).

To foster the desired interaction we ask that participants stay for the entire duration of the workshop, which will start on Thursday morning (15th) and end on Friday afternoon (16th).

Funding
Limited financial support for economy class air travel will be available in accordance with the new CEPR guidelines (http://cepr.org/sites/default/files/CEPR%20TRVL%20GUIDELINES%202017.pdf); accommodation will be provided to all speakers.

How to apply
For CEPR members, please submit your paper via the CEPR online system by visiting http://dev3.cepr.org/accounts/login.asp?NewURL=/accounts/config/accountconfig.asp. If you do not have a personal profile to use this area of the CEPR website as yet, you can create one here: www.cepr.org/active/accounts/register.php

The application deadline is 18:00 GMT on Friday, 24 November 2017. Decisions of acceptance or rejection by the programme committee will be announced by mid December 2017.

If you have any difficulty in applying or you are NOT a CEPR member, please email Amanda Vincent-Rous in the CEPR events team, at avincentrous@cepr.org with the subject header "4589 - Rome Labour Market Conference". Please include the paper you wish to submit in the email, or indicate if you would like to participate without presenting a paper.

Organisers:
Federico Cingano, Francesco D’Amuri and Eliana Viviano (Bank of Italy)
Claudio Michelacci (EIEF and CEPR)


18/03/2018 11th Swiss Winter Conference on Financial Intermediation, Lenzerheide
Sponsored By: Bank for International Settlements (BIS),Universitt St Gallen,Universitt Zurich,Swiss Finance Institute,ETH Zrich
Organizers: Christoph Basten, Martin Brown, Leonardo Gambacorta and Steven Ongena
Conference website: https://sites.google.com/site/swisswinterconferenceonfi/home

The organising committee of this small, informal conference invites submissions of high quality theoretical or empirical research papers on financial intermediation.

HOW TO APPLY

For CEPR members, please submit your paper via the CEPR online system by visiting http://dev3.cepr.org/accounts/login.asp?NewURL=/accounts/config/accountconfig.asp. If you do not have a personal profile to use this area of the CEPR website as yet, you can create one here: www.cepr.org/active/accounts/register.php

If you have any difficulty in applying or you are NOT a CEPR member, please email your paper to Amanda Vincent-Rous in the CEPR Events team (avincentrous@cepr.org) mentioning in the subject line "5682 - Swiss Winter Conference on Financial Intermediation 2018" by 6pm (UK time), Sunday 15 October 2017. Authors will be notified about the acceptance of papers and the conference program by November 25, 2017. There is no conference fee and there are no accommodation costs for the invited presenters, discussants and chairs, but all participants must cover their own travel costs.

FURTHER INFORMATION

The conference will be held at the Hotel Schweizerhof in the mountain resort of Lenzerheide, Switzerland (www.schweizerhof-lenzerheide.ch). The academic programme starts Monday morning (March 19) at 08:00 and ends Wednesday (March 21) before noon. Due to capacity constraints, preference will be given to participants who can stay for the whole duration of the conference. Participants should plan to arrive Sunday afternoon (March 18) and leave Wednesday afternoon (March 21). There will be around thirteen papers and discussions (including one session covered by the BIS and possibly one session for advanced PhD students), and there will also be poster sessions featuring around sixteen posters. However ample time for discussion, reflection and outdoor activities will be left for sure.

Accommodation costs and meals during the conference will be sponsored by ERC ADG 2016 - GA 740272 lending and by the Bank for International Settlements.

PROGRAMME COMMITTEE

Thorsten Beck (Cass Business School & CEPR)
Christoph Basten (FINMA & ETH)
Tobias Berg (Frankfurt School of Finance and Management)
Martin Brown (University of St. Gallen)
Christa Bouwman (Texas A&M University)
Stijn Claessens (BIS & CEPR)
Ralph De Haas (EBRD & Tilburg University)
Hans Degryse (KU Leuven & CEPR)
Andrew Ellul (Indiana University & CEPR)
Rüdiger Fahlenbrach (EPFL, SFI & ECGI)
Leonardo Gambacorta (BIS & CEPR)
Thomas Gehrig (University of Vienna & CEPR)
Reint Gropp (IWH & CEPR)
Vasso Ioannidou (Lancaster University & CEPR)
Charles Kahn (University of Illinois at Urbana Champaign)
David Martinez-Miera (Carlos III & CEPR)
Steven Ongena (University of Zurich, SFI, KU Leuven & CEPR)
Evren Örs (HEC)
José-Luis Peydró (ICREA-Universitat Pompeu Fabra, Imperial, CREI, Barcelona GSE & CEPR)
Alexander Popov (ECB)
Sascha Steffen (ZEW & University of Mannheim)
Greg Udell (Indiana University)
Neeltje van Horen (Bank of England & CEPR)
Wolf Wagner (Erasmus University Rotterdam & CEPR)

ORGANISING COMMITTEE

Christoph Basten (FINMA & ETH)
Martin Brown (University of St. Gallen)
Leonardo Gambacorta (BIS & CEPR)
Steven Ongena (University of Zurich, SFI, KU Leuven & CEPR)

ADVISORY COMMITTEE

Arnoud Boot (University of Amsterdam & CEPR)
Francois Degeorge (University of Lugano & SFI)
Hans Degryse (KU Leuven & CEPR)
Hans Gersbach (ETH Zurich & CEPR)
Jan Pieter Krahnen (Frankfurt University & CEPR)


23/03/2018 International Research Forum on Monetary Policy, Washington
Hosted By: Federal Reserve BoardSponsored By: European Central Bank,Georgetown University,Euro Area Business Cycle Network (EABCN)
Organizers: Klaus Adam, Matthew B Canzoneri, Günter Coenen and Christopher Erceg
The tenth conference organised by the International Research Forum on Monetary Policy (IRFMP) will be held at the Federal Reserve Board in Washington, D.C. on March 23-24, 2018. The purpose of the IRFMP is to promote the discussion of innovative research on theoretical and empirical macroeconomic issues with relevance for monetary policy.

Policymakers face many challenges. Inflation has remained persistently below central bank targets in most advanced economies, including in some with very low unemployment. Central banks must decide on the appropriate mix between policy rate and balance sheet adjustment when moving to normalise, and whether changes in the monetary policy framework are warranted given risks posed by the effective lower bound. A number of factors may pose risks to global financial stability, including rapid credit growth in some EMEs, and "reach for yield" behaviour associated with very low interest rates. Policymakers face the ongoing task of how to reduce high public debt to provide more scope to respond to future downturns.

Paper submissions that adopt novel methodological approaches for addressing these and related macroeconomic questions are encouraged. Specific examples of relevant topics include:

- Factors accounting for very low global real interest rates.
- Whether central banks have adequate scope to ease policy in a recession, or whether a substantial shift in the monetary policy framework, e.g., a higher inflation target, is needed.
- The puzzlingly weak response of inflation and wage growth to resource slack in many countries, suggesting a possible breakdown of the Phillips Curve.
- The causes of the slowdown in productivity growth in industrial countries, and implications for economic growth, monetary policy, and fiscal sustainability.
- International spillovers from prospective normalisation in some industrial economies, including through exchange rates and capital flows.
- The role of monetary policy in containing financial stability risks.
- Model uncertainty, information frictions, or heterogeneous agents/beliefs.

Conference papers will be placed on a website; there will be no conference volume. Although this call is being circulated fairly widely, further circulation is encouraged, especially to younger economists.

How to apply
Complete manuscripts (not just abstracts) should be submitted electronically in PDF format to irfmp2018@frb.gov by 15 November 2017. Authors of accepted papers will be notified by 15 December 2017.

Travel expenses of presenting authors will be reimbursed (though participants from central banks and other official institutions will be expected to cover their own expenses).

Background Information
The Forum is sponsored by the Euro Area Business Cycle Network (EABCN), the European Central Bank (ECB), the Federal Reserve Board (FRB), and the Georgetown Center for Economic Research (GCER) at Georgetown University. It organises biannual conferences that are held alternately in Frankfurt and Washington, D.C. The organisers of the 2018 conference are Klaus Adam (EABCN), Guenter Coenen (ECB), Christopher Erceg (FRB) and Matthew Canzoneri (GCER).