The purpose of the Forum is to promote the discussion of frontier research on empirical and theoretical issues in international finance, global banking and open economy macroeconomics, with a special eye on relevance for monetary policy and financial stability.
The key topic of this year’s conference is global financial stability a decade after Lehman. Has the global financial system become safer a decade after the eruption of the global financial crisis and the bankruptcy of Lehman Brothers? Have the rules and measures introduced by policymakers around the world to prevent and deal with financial crises strengthened financial stability while supporting the monetary policy transmission mechanism? How do the contributions to global financial stability influence economic activity? Have new tradeoffs for policymakers emerged in this changed world? We invite the submission of papers addressing these and related financial stability issues with an international focus, including:
- global implications of domestic policy approaches to financial stability (regulation, lender of last resort, size of central bank balance sheets);
- changes in the international transmission of shocks since the Global Financial Crisis;
- behaviors and constraints of global banks and other internationally focused financial institutions;
- financial stability implications of international currency usage and the global financial safety net;
- international spillovers of macroprudential and domestic monetary policies;
- Shadow banks and cryptocurrencies: drivers and effects for global financial stability.
Both complete manuscripts – which will be given priority – and extended abstracts should be submitted electronically in PDF format to 2018.GRF.Conference@ecb.europa.eu by June 15, 2018. Authors of accepted papers will be notified by July 15, 2018.
Ozge Akinci, Federal Reserve Bank of New York
Roland Beck, European Central Bank
Paola Donati, European Central Bank
Linda Goldberg, Federal Reserve Bank of New York
John Rogers, Federal Reserve Board
Livio Stracca, European Central Bank