Norges Bank-ESCB-CEBRA “Financial Stability and Macroprudential Policy” 16.08.2016 Oslo

“Financial Stability and Macroprudential Policy” 16 August, 2016, Norges Bank, Oslo, Norway
Call for papers
Norges Bank will host a workshop on the topic of “Financial Stability and Macroprudential Policy”, a day ahead of the EFA conference in Oslo. The objective of this workshop is to bring together academics and policymakers to discuss current issues and challenges in financial stability and regulation. The workshop will be organised in cooperation with the European System of Central Banks and the Central Bank Research Association (

After the recent global financial crisis, it has been widely accepted that conventional, microprudential policies that aim to maintain the soundness of individual financial institutions are not sufficient to safeguard the stability of the financial system. Instead, policy makers need to establish a system-level perspective, focus on risks that may have systemic impact and adopt properly designed macroprudential policies and instruments. Against this background, we welcome submissions related, but not restricted, to topics such as:

  • Financial instability and sources of systemic risk
  • Systemic risk indicators and measurements, early warning systems, stress testing
  • Financial market infrastructure and financial stability
  • Instruments and tools to address systemic risk
  • The cost and benefit of financial regulation
  • The interaction between banking crises and recessions
  • Macroprudential monetary policy

The deadline for submissions is 15 February 2016. Please send drafts of complete papers as well as questions related to the workshop to Authors of accepted papers will be informed by 15 April 2016.

Scientific committee:

Tobias Adrian (Federal Reserve Bank of New York)

Farooq Akram (Norges Bank)

Wilko Bolt (De Nederlandsche Bank)

Steven Ongena (University of Zurich)

José-Luis Peydró (Universitat Pompeu Fabra)

Kasper Roszbach (Sveriges Riksbank)

Local organising committee

Jin Cao and Sigurd M. Galaasen