CfP Deadline:
December 15, 2025
Conference Event:
June 2-3 2026
Event Location:
Luxembourg City, Luxembourg
Organizer(s):
Banque Centrale du Luxembourg
Bank of Canada
Deutsche Bundesbank
Euronext-MTS
European Central Bank
European Stability Mechanism
Imperial College|Brevan Howard Centre for Financial Analysis
Leibniz Institute for Financial Research SAFE
London Business School|AQR Asset Management Institute
McGill Luxembourg Centre for Finance
NYU Stern|Volatility and Risk Institute.
Keynote Speaker(s):
Darrell Duffie (Stanford Graduate School of Business)
Description:
We solicit theoretical and empirical papers on the interaction between sovereign bond markets and monetary policy, tariffs, regulation, fiscal policy, political risk, foreign exchange, and the macroeconomy in times of enhanced geopolitical uncertainty. Topics of interest include (but are not limited to):
- Conventional and unconventional monetary policies during periods of turmoil and:
- Pricing of financial assets and exchange rates
- Divergent policy-making around the globe & political risk
- Market participants, primary dealers, and other institutions
- Risk taking by banks
- Spillovers and network effects from the US/Europe/Japan to other economies
- Spillovers and network effects across asset classes
- Currency regimes
- Investment and financial decisions of firms
- Financial market liquidity
- Sovereign debt issuance, management, and operational strategies.
- The impact of monetary, fiscal, and trade policies on the sovereign bond markets
- Financial stability in an unstable world and:
- Soft versus bumpy landing and sovereign risk
- Conflicting monetary, fiscal, and trade policies
- The bank-sovereign “doom loop”
- Soft versus bumpy landing and financial fragility
- Financial dislocations and their real effects.
While the above topics define the broad contours of the areas of interest, papers in related areas may also be considered.
The final program will include both submitted and invited papers. The conference will also feature a keynote speaker and a panel discussion on major outstanding issues in bond markets.
Submission:
Those wishing to present a paper at the Conference should submit by December 15, 2025 at sovereign.conference@greta.it.
Decisions regarding acceptance will be made by February 1, 2026.
The final version of accepted papers must be received by March 1, 2026.