CEBRA’s mission is to encourage applied and theoretical research on topics relevant to central banks, financial regulators, international financial institutions, and fiscal authorities, as well as to connect the research staff of these institutions with academia. Currently, CEBRA connects researchers from around 60 central banks, IFIs, and academic institutions.
2022 Annual Meeting (Barcelona, Spain)
2021 Annual Meeting (Virtual)
2020 Annual Meeting (Virtual)
2019 Annual Meeting (New York City, USA)
2018 Annual Meeting (Frankfurt am Main, Germany)
2017 Annual Meeting (Ottawa, Canada)
2016 Annual Meeting (Oslo, Norway)
The 2023 ASSA Annual Meeting took place from January 6–8, 2023 in New Orleans, Louisiana.
CEBRA hosted a session on “Climate Change, Green Finance, and Central Banking” on Friday Jan. 6th , organized by Linda Goldberg (Federal Reserve Bank of New York) and chaired by Galina Hale (UC Santa Cruz).
Narodowy Bank Polski (NBP) in cooperation with the Bank of Lithuania and the CEBRA Inflation: Drivers & Dynamics Program organized a conference to discuss current issues in the area of monetary economics. Topics covered during the conference included:
• Macroeconomic implications of new monetary policy strategies
• Monetary policy in models with heterogeneous agents
• Implications of structural changes for monetary policy
• Monetary policy and bounded rationality of economic agents
• Distributional effects of conventional and unconventional monetary policy
• International spillovers of monetary policy
• Monetary-fiscal interactions
• Exchange rate regimes and economic adjustment
• Inflation in the post-pandemic world
• Platformification of finance
For more information see the conference website.
Dorota Kasińska (NBP), Paweł Kopiec (NBP), Povilas Lastauskas (Bank of Lithuania), Krzysztof Makarski (NBP), Robert Rich (Federal Reserve Bank of Cleveland and CEBRA), Raphael Schoenle (Brandeis University and CEBRA).
CEBRA organized a session at the 2022 Annual Meeting of the ASSA, held on January 7-9, 2022 in Boston, Massachusetts.
Papers were being sought on the topic of “The economics of digital currencies, distributed ledger technology, and DeFi.” This is a call for all papers broadly related to the theme of digital currencies, distributed ledger technology, and decentralised finance. We invite researchers to submit empirical and theoretical contributions to topics related, but not limited, to:
Committee: Raphael Auer (BIS) and Cyril Monnet (University of Bern)
The meeting will focus on the implications of the growing role of digital currencies and fintech for the international monetary and financial system. It brings together high-quality researchers and policymakers to discuss the implications of digital currencies, global stablecoins and the digitalisation of finance for the international monetary system, exchange rates, capital flows, global financial assets and spillovers.
The conference overview and program can be found here
The conference topics included:
• Micro and macro price dynamics in the open economy
• Exchange rate dynamics and pass-through
• Firms’ adjustment margins in the face of large shocks
• Business cycle comovement and with financial and/or trade linkages
• The impact of monetary and fiscal policies on macroeconomic interdependence
• Capital flows and emerging market volatility
• Global policy coordination
• Maurice Obstfeld, U.C. Berkeley
• Silvana Tenreyro, London School of Economics
co-sponsored by the Center for Inflation Research and the European Central Bank, took place on October 7–8, 2021. The conference was held virtually. Please use this link to get to the conference webpage and the recorded sessions.
Peter Karadi, Ed Knotek, Christiane Nickel, Chiara Osbat, Mathieu Pedemonte, Robert Rich, Raphael Schoenle
The Central Bank Research Association (CEBRA) organized a session on COVID-19, real uncertainty, and monetary policy at the 2021 ASSA meeting in Chicago on January 3-5. The session brought together top researchers from academia, central banks, and other policy institutions to present the latest research findings related to COVID-19, real uncertainty and monetary policy.
Stephen Cecchetti – Brandeis University, NBER and CEPR
Raphael Schoenle (chair) – Federal Reserve Bank of Cleveland, Brandeis University, CEPR
Michael Weber – Chicago Booth, NBER and CEPR
The CEBRA Workshop for Commodities and Macroeconomics was hosted virtually by the Central Bank of Chile on Thursday and Friday, October 1‐2, 2020.
Please find the detailed program here.
The fourth annual meeting of CEBRA’s International Finance and Macroeconomics program in conjunction with CEPR and Sveriges Riksbank, was organized virtually on October 1‐2, 2020.
The meeting focused on the interaction between exchange rates and monetary policy.
· Hélène Rey (London Business School and CEPR)
· Philip Lane (European Central Bank and CEPR).
The 2020 annual meeting of the ITM program on “Adjustments in and on an Uncertain World” was organised by the Bank of Lithuania, the National Bank of Poland, CEPR, and CEBRA’s International Trade and Macroeconomics Program and focused on recent transformations of international trade and macroeconomic interdependence induced by the growth of global value chains (GVCs) and was held virtually on September 24-25. Further details can be found here.
Keynote Speakers: Beata Javorcik (EBRD and University of Oxford and CEPR) , Jennifer La`O (Columbia University), Kalina Manova (University College London and CEPR)
The detailed program can be found here.
The Inflation: Drivers and Dynamics 2020 conference, co-sponsored by the Center for Inflation Research and the European Central Bank, took place on May 21–22, 2020. The conference was held virtually. Please use this link to get to the conference webpage and the recorded sessions.
Peter Karadi, Ed Knotek, Christiane Nickel, Chiara Osbat, Robert Rich, Raphael Schoenle.
The session brought together top researchers from academia, central banks, and other policy institutions to present the latest research findings related to inflation and price setting behavior. Some of the topics of interest included:
Raphael Schoenle (chair) – Federal Reserve Bank of Cleveland, Brandeis University and CEPR
Luca Dedola – European Central Bank and CEPR
Gee Hee Hong – International Monetary Fund
The third annual meeting of CEBRA’s International Finance and Macroeconomics program was sponsored by the Bank of Mexico and the Financial Stability and Development (FSD) Network of the Inter-American Development Bank (IDB). It focused on all aspects and issues related to the effect of monetary policy normalization on emerging market economies (EMEs).
Specific topics were related to:
Keynote speaker: Kristin Forbes (Jerome and Dorothy Lemelson Professor of Management and Global Economics, MIT)
The Oesterreichische Nationalbank (OeNB) hosted a workshop on “Digital currencies, central banks and the blockchain: policy implications”. The workshop was organised in association with the Bank for International Settlements (BIS) and the Central Bank Research Association (CEBRA). The conference committee consisted of Martin Summer (OeNB) and Raphael Auer (BIS).
Policy-relevant submissions were sought on the potential use cases of distributed ledger technology (DLT) in financial markets and resulting implications for public authorities. Examples included studies examining the technology, economics and regulatory implications of central bank digital currencies, cryptocurrencies, asset-backed tokens and decentralised market platforms.
The Bank of Italy and the European Central Bank hosted the third CEBRA Workshop for Commodities and Macroeconomics.
Researchers at central banks and in academia were invited to submit papers on the economics of commodities (including energy, metals, and agricultural products) and their interaction with the economy.
Paper topics were related (but are not restricted) to:
Per Krusell (Stockholm University)
The second annual meeting of CEBRA’s International Finance and Macroeconomics program was sponsored by the Bank of Spain.
It focused on all aspects of issues related to risk and volatility as they relate to central bank policies: conventional and unconventional monetary policy as well as financial stability policy.
Specific topics were related but not restricted to:
Torben Andersen (Kellogg School of Management, Northwestern University)
Ricardo Reis (London School of Economics and Political Science)
The 2018 annual conference of the ITM program on “International Spillovers” was hosted by the Narodowy Bank Polski (NBP) and took place in Warsaw on 20-21 September 2018. The conference was organized by the Narodowy Bank Polski, Bank of Lithuania, CEPR and CEBRA’s ITM program and focused on the area of international spillovers. The meeting featured four sessions and three keynote lectures. For further details, see the NBP conference page and access the detailed program here.
More information can be found on the conference website.
The Federal Reserve Bank of Dallas and the Bank of Canada hosted the second Central Bank Research Association (CEBRA) Workshop for Commodities and Macroeconomics. Confirmed speakers: Lawrence Christiano (Northwestern U) and Lutz Kilian (U Michigan)
Access the program of the workshop here.
The 2017 Annual Meeting of CEBRA’s IFM program on “Fragmentation of International Trade and Finance and Risks from Rising Protectionism” was hosted by the Bank of England in London on 19-20 October 2017.
The 2017 annual conference of the ITM program on “Rethinking Competitiveness, Structural Reforms, and Macro Policy” . The conference was organized by the Bank of Italy, CEPR, and CEBRA’s ITM program and focused on recent challenges for macroeconomic policies and structural reform design, with an emphasis on micro-macro linkages. Issues of particular interest included the links between international trade and competitiveness, the implications of dispersed productivity growth, and the role of macroeconomic imbalances. The meeting featured keynote speeches by Thomas Chaney (Sciences Po) and Giancarlo Corsetti (University of Cambridge).
The conference program can be accessed here.
CEBRA organized four sessions at this event.
International Trade and Macroeconomic Interdependence in the Age of Global Value Chains” The conference was organized by the Bank of Lithuania, the National Bank of Poland, CEPR, and CEBRA’s ITM Program. The Organizing committee welcomed submissions of empirical and theoretical papers. For insights into our inaugural conference, view the video highlights here.