23rd Annual Research Conference of “De Nederlandsche Bank”: Monetary Non-Neutrality: The Real Effects of Monetary Policy in the Short and Long-Run

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CfP Deadline Date:
June 15, 2020

Conference Event:
October 29-30, 2020

Event Location:
Amsterdam, The Netherlands

Organizer(s):
De Nederlandsche Bank (DNB)

In recent years the strong response of Central Banks to the weak economic conditions has pushed Monetary Policy to explore uncharted territories. As the phase of low inflation and low natural rates extend over time, major Central Banks are in the process of reviewing their strategies, a process that turns out to be extremely challenging in light of the sudden advent of the coronavirus pandemic.

In the effort to provide a sound scientific background to those strategies, we aim at answering to the following questions: Which are the relevant channels of the Monetary Policy transmission mechanism? How strong and long-lasting are the effects of Monetary Policy? Are there any long- run consequences of persistently low nominal interest rates? What are the limits of Monetary Policy? Are there undesired or unexpected effects from QE? What are the long-run implications of the massive monetary expansion triggered by the coronavirus pandemic?

We invite the submission of high quality theoretical and empirical papers that study the real effects of Monetary Policy in the short and long run. The conference will also feature a special session discussing the response to the pandemic. Topics of interest include, but are not limited to:

• The relevant channels of the Monetary transmission mechanism;
• The effect of Monetary Policy in the long and short run;
• State dependent effects of Monetary Policy;
• Monetary Policy framework in a world with low equilibrium real interest rates; • High indebtedness and consequences for Monetary Policy;
• Monetary Policy and productivity;
• Monetary Policy in a post-coronavirus world.

Further Information:

Manuscripts should be submitted to DNB_ResearchConference@dnb.nl by the 15th of June 2020. Authors of accepted papers will be notified by the 10th of July 2020.

Link CfP:
23rd Annual Research Conference of “De Nederlandsche Bank”: Monetary Non-Neutrality: The Real Effects of Monetary Policy in the Short and Long-Run