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The conference covers a broad range of themes related to challenges and advancements in understanding the monetary transmission mechanism. It seeks to bring together recent contributions in this area of research, including studies with strong theoretical basis as well as empirical papers.
Specific examples of relevant topics include:


? The role of uncertainty, asymmetries, globalisation, country characteristics, zero lower-bound and housing on the transmission mechanism of monetary policy.

? The effects of unconventional monetary policy.

? New approaches to identification of the monetary transmission mechanism.

? The role of heterogeneity for the transmission of monetary policy.

? Recent inflation dynamics and monetary policy.

? Demographic trends and the monetary transmission mechanism.

? Granular and big data in the analysis of the monetary transmission mechanism.

Olivier Coibion (University of Texas an NBER), Jordi Gali (CREI, CEPR and NBER), Ricardo Reis (London School of Economics, CEPR and NBER) are confirmed invited speakers, and we welcome further relevant submissions.

The conference is organised by Klaus Adam (University of Oxford, EABCN and CEPR), Elisa Faraglia (University of Cambridge and CEPR), Tomasz Lyziak (Narodowy Bank Polski) and Marcin Kolasa (Narodowy Bank Polski)

The deadline for submissions is 5pm GMT on Friday 30 November 2018. Please note that due to technical issues the deadline has now been extended to 5pm Monday 3 December.
For CEPR members and those registered with the CEPR website, please submit your paper via the CEPR online system by visiting https://portal.cepr.org/challenges-understanding-monetary-transmission-mechanism. If you are not a CEPR member or you do not have a personal profile to use this area of the CEPR website as yet, you can create one on this link https://portal.cepr.org/user/register

If you have any difficulty in applying, please email Mariolina Ciccone in the CEPR events team ([email protected]) mentioning in the subject line "Challenges in Understanding the Monetary Transmission Mechanism - 40030".

Please indicate in your email whether you would be willing to act as a discussant. The conference speakers and discussants will be provided with accommodation arranged and covered by the organisers. Additionally, academic participants presenting or acting as a discussant will be entitled to apply for reimbursement of travel costs up to the CEPR travel expenses guidelines.

Authors of successful submissions and accepted participants will be notified by early March 2018.

The event is hosted by Narodowy Bank Polski, and sponsored by both Narodowy Bank Polski and the EABCN.