ECB Conference on Money Markets

CfP Deadline Date: June 30, 2022 Conference Event: November 3-4, 2022 Event Location: Frankfurt am Main, Germany Keynote speaker(s): Fabio Panetta (European Central Bank) Marcin Kacperczyk (Imperial College London and CEPR) Organizer(s): European Central Bank (ECB) The ECB’s annual conference on money markets brings together academics, market practitioners and central bankers to discuss the key[…]

24th Annual Texas Finance Festival at the University of Texas at Austin

CfP Deadline Date: June 17, 2022 Conference Event: September 23-24, 2022 Event Location: Austin, TX, USA Organizer(s): University of Texas The 24th Annual Texas Finance Festival (TFF) will be held on September 23-24, 2022 at the AT&T Executive Education and Conference Center at the University of Texas at Austin. The conference is sponsored by the[…]

2022 Financial Stability Conference: Financial Stability: Frontier Risks, a New Normal, and Policy Challenges

CfP Deadline Date: July 5, 2022 Conference Event: November 17-18, 2022 Event Location: Cleveland, OH, USA and online Keynote speaker(s): Tobias Adrian (International Monetary Fund (IMF)) Gary Gorton (Yale School of Management) Organizer(s): Federal Reserve Bank of Cleveland and the Office of Financial Research The Federal Reserve Bank of Cleveland and the Office of Financial[…]

BIS Working Paper – Banking in the shadow of Bitcoin? The institutional adoption of cryptocurrencies

Author(s): Raphael Auer, Marc Farag, Ulf Lewrick, Lovrenc Orazem and Markus Zoss Date: May 2022 Abstract: The phenomenal growth of cryptocurrencies raises important questions about their footprint on the financial system. What role are traditional financial intermediaries playing in cryptocurrency markets and what drives their engagement? Are new nodes emerging? We help answer these questions[…]

NBER Working Paper – Liquidity Traps, Prudential Policies, and International Spillovers

Author(s): Javier Bianchi and Louphou Coulibaly Date: May 2022 Abstract: This paper studies the transmission channels of monetary and macroprudential policies in an open economy framework and evaluates the normative implications for international spillovers and global welfare. An analytical decomposition uncovers the prominent role of expenditure switching for monetary policy, while macroprudential policy operates primarily[…]

CEPR Discussion Paper – State Ownership and Corporate Leverage Around the World

Author(s): Ralph De Haas, Sergei Guriev, Alexander Stepanov Date: May 2022 Abstract: Does state ownership hinder or help firms access credit? We use data on almost 4 million firms in 89 countries to study the relationship between state ownership and corporate leverage. Controlling for country-sector-year fixed effects and conventional firm-level determinants of leverage, we show[…]

2nd WE_ARE_IN Macroeconomics and Finance conference

CfP Deadline Date: June 9, 2022 Conference Event: September 29-30, 2022 Event Location: Basel, Switzerland Organizer(s): Centre for Economic Policy Research (CEPR), Bank for International Settlements (BIS), and European Central Bank (ECB) The Centre for Economic Policy Research (CEPR), the Bank for International Settlements (BIS), and the European Central Bank (ECB) are inviting submissions for[…]

CEPR Discussion Paper – Financial openness and inequality

Author(s): Stefan Avdjiev, Tsvetana Spasova Date: May 2022 Abstract: We conduct a comprehensive empirical investigation of the link between inequality and financial openness. We document that the relationship varies considerably not only over time, but also across the main components of total external liabilities, which have been largely overlooked by the existing literature. In emerging[…]

CEPR Discussion Paper – The Puzzle of Sovereign Debt Collateral: Big Data and the First Age of Financial Globalization

Author(s): Marc Flandreau, Stefano Pietrosanti, Carlotta E. Schuster Date: May 2022 Abstract: During the hypothecation “mania” of 1849-1875, many sovereign borrowers relied on the posting of collateral such as, famously, Peruvian guano. But in fact, such “securities” could not be repossessed. To explain the puzzling phenomenon of sovereign hypothecation, which has a long history before[…]