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A Joint Conference from the
CEPR Monetary Economics and Fluctuations Programme Area
and the
CEPR Research and Policy Network on FinTech and Digital Currencies 
'The Digital Revolution and Monetary Policy: What is New?'
June 10-11, 2022 at Study Center Gerzensee, Switzerland


Does the advent of crypto assets, decentralized finance, and central bank digital currencies change our understanding of monetary policy design and implementation? Should monetary economists think of this as only changing the plumbing or do we need new monetary policy frameworks in a world of new technologies?

CEPR’s Monetary Economics and Fluctuations group and Research and Policy Network on FinTech and Digital Currencies jointly organised a conference, hosted by the Study Center Gerzensee. The aim was to stimulate discussion on whether and in what ways digital currencies, de-fi, and the associated new technologies will change the way we think about monetary regimes and policy. Monetary and financial economists who are or are not working on FinTech and Digital Currencies have been invited to submit papers that relate to policy design and implementation and foster discussion about the impact of technological change.

Jean-Charles Rochet (Geneva University and CEPR) and Frank Smets (University of Ghent, ECB, and CEPR) were the keynote speakers of the conference.


Refet S. Gürkaynak, Bilkent University and CEPR

Dirk Niepelt, University of Bern and CEPR