Category Archives: conference calls

Conference calls OTHER than the regional annual meetings

Call – “Challenges in Interconnected Financial Systems,” Riksbank, September 1-2 2016, Stockholm

Workshop on Challenges in Interconnected Financial Systems September 1-2, 2016

Sveriges Riksbank, Stockholm, Sweden

Links between households, firms, and financial institutions help channel credit, reallocate capital, and share risks in the economy. At the same time, links can transmit, and even amplify, negative economic shocks throughout the financial system as a result of cross-holdings and counterparty exposures. The propagation of shocks may cause contagion and lead to cascading failures in the system, imposing high costs to society.

Financial integration, globalization, and developments in information technology have increased interconnectedness and interdependency in the financial system. Integration leads to various economic and financial challenges for policy-makers, regulators, and central banks. This calls for new research to understand the role and consequence of financial interconnectedness in formal and informal financial networks.

We invite empirical and theoretical contributions on the following and related topics:

i) Tensions between ex-ante risk allocation and ex-post contagion

ii) Asset pricing from a network perspective

iii) Propagation and amplification of idiosyncratic shocks in networks

iv) Aggregate shocks and transmission in the economy

v) Cross-border banking and financial integration

vi) Financial regulation, bank risk management, and regulatory arbitrage

vii) Financial stability with interconnected banks

viii) Non-banking finance channels and shadow banking

ix) Social networks, household decisions and financial stability

The conference will feature two keynote speakers: Robert Townsend (MIT) and Stijn Van Nieuwerburgh (NYU).

Papers should be submitted in PDF format by May 15th, 2016 to research@riksbank.se. Authors will be notified by June 15th, 2016. Sveriges Riksbank will cover expenses for economy-class travel and accommodation for presenters and discussants.

The organizing committee consists of Tore Ellingsen (SSE), Tor Jacobson (Riksbank), Thomas Jansson (Riksbank), Alexander Ljungqvist (NYU), Peter van Santen (Riksbank), and Xin Zhang (Riksbank).

The program and other information about the conference will be posted on the Riksbank website (www.riksbank.se/en/research/conferences), which also contains information about past conferences. Questions can be directed to Lena Löfgren (lena.lofgren@riksbank.se).

 

Conference Call – Macro-Financial Linkages and Current Account Imbalances, Vienna



http://www.cepr.org/active/meetings/forthcomingmeetings.php?mnum=7

Hosted By: Oesterreichische NationalbankSponsored By: Deutsche Bundesbank,International Monetary Fund (IMF),Joint Vienna Institute
Organizers: Raphael Auer, Elena Biewen, Sven Blank, Luis A. V. Catão, Philip R. Lane, Gian Maria Milesi-Ferretti and Martin Summer

Current account imbalances have been a central theme in the international policy debate and are often deemed as culprits in the recent financial crises in the Eurozone. Recently an effort has been made by multilateral institutions to revamp their methodologies of assessing external imbalances. Yet, existing models used in cross-country policy analyses still do not prominently feature the role of financial sector linkages – within and across national borders – in shaping up national savings and investment dynamics. This conference will bring together the traditional view on external rebalancing with new research on the links between cross-border banking/financial flows, private sector leverage, capital formation, and the current account.

We are especially interested in papers on the following topics:

• Cross border bank lending, domestic credit, and the current account
• Domestic and cross-border response of bank credit and leverage to national monetary policies and global liquidity
• Banking sector leverage, asset prices and the current account
• Econometric issues in modeling the current account, in particular in currency unions.
• The role of bank credit in understanding investment weakness and persistent current account surpluses in some EU member states
• The banking sector-household spending relationship in light of micro-data evidence
• Contribution of bank and non-bank flows to post-crisis rebalancing
• Implications of the European Banking Union to the future of intra-EU current account imbalances
• The influence of macro-prudential measures on banks’ cross-border capital flows

Please send your papers by E-mail in pdf-format to: Beate.Hofbauer@oenb.at with the Subject: CA conference-vienna-2015.

Deadline for paper submission: April 12th, 2015

Organizing Committee:
Raphael Auer, Swiss National Bank & CEPR
Elena Biewen, Deutsche Bundesbank
Sven Blank, Deutsche Bundesbank
Luís A.V. Catão, International Monetary Fund & Joint Vienna Institute
Philip Lane, Trinity College Dublin & CEPR
Gian Maria Milesi-Ferretti, International Monetary Fund & CEPR
Martin Summer, Oesterreichische Nationalbank