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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

2018 (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 conference programme is available here

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.

Contact & questions:

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).

Limited financial support for economy class air travel will be available in accordance with the new CEPR guidelines (; accommodation will be provided to all speakers.

How to apply
For CEPR members, please submit your paper via the CEPR online system by visiting If you do not have a personal profile to use this area of the CEPR website as yet, you can create one here:

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 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.

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, Leonardo Gambacorta and Steven Ongena
The programme can be found here:


The conference will be held at the Hotel Schweizerhof in the mountain resort of Lenzerheide, Switzerland ( The academic programme starts Monday morning (March 19) at 08:00 and ends Wednesday (March 21) before noon. 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.


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)


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


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)

20/03/2018 Finance and Investment: The European Case, Brussels
This book is the product of a two-year research programme entitled Restarting European Long-Term Investment Finance (RELTIF) organised by Assonime and the Centre for Economic Policy Research (CEPR) in London.

The programme brought together leading researchers from across the world to consider the causes for the persistently low level of investment in Europe, to examine the extent to which the financial system was a contributory factor and to identify possible policy remedies for it. It considered the relation of finance to corporate sector investment, the lending behaviour of banks, the provision of equity financing, the role of public sector institutions, regulation and taxation.

The chapters in this volume provide one of the most comprehensive and thorough analyses of any financial system that has been undertaken to date. They reflect a large body of research using new and existing data sets, employing advanced empirical tools, and exploiting the unique insights provided by the tumultuous events of the financial and sovereign debt crises. Together they comprise an exceptional body of knowledge to advance academic thinking and guide policy formulation in the future.

Colin Mayer is the Peter Moores Professor of Management Studies at the Saïd Business School at the University of Oxford. He is a Professorial Fellow of Wadham College, and an Honorary Fellow of Oriel College and St Anne’s College. He is a Fellow of the British Academy, the Centre for Economic Policy Research, the European Corporate Governance Institute, and the Royal Society of Arts. He is a member of the UK Competition Appeal Tribunal and the UK Government Natural Capital Committee.
Colin was the Peter Moores Dean of the Saïd Business School between 2006 and 2011, and the first Director of the Oxford Financial Research Centre between 1998 and 2005. He was a Harkness Fellow at Harvard University, a Houblon-Norman Fellow at the Bank of England, the first Leo Goldschmidt Visiting Professor at the Solvay Business School, Université de Bruxelles, and has had visiting positions at Columbia, MIT and Stanford universities.

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 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).