Conference Announcement and call for papers
Monetary Policy and Heterogeneity
May 23, 2019

Hosted by: Hong Kong Monetary Authority and Federal Reserve Bank of New York

SUBMISSION DEADLINE: February 15, 2019

The Hong Kong Monetary Authority and Federal Reserve Bank of New York are organizing a conference on monetary policy and heterogeneity to be held in Hong Kong on May 23-24, 2019.

The goal of the conference is to bring together researchers working on the implications of heterogeneity for the design and transmission of monetary policy. The program committee invites submissions of both theoretical and applied work on topics including (but not limited to):

  • distribution of income, wealth and debt and the transmission of monetary policy
  • distributional consequences of conventional and unconventional monetary policy
  • interaction between housing markets, mortgage markets and monetary policy
  • linkages between monetary and fiscal policies in the presence of heterogeneity
In addition to the contributed papers, the program will feature presentations by Gianluca Violante, Giuseppe Moscarini and Ben Moll. All presentations will be in plenary sessions. Each paper will be assigned a discussant.

We invite authors to submit completed papers or extended abstracts. Preferences are for completed papers. If you know of a paper that fits the conference theme, please forward this message to the authors.

Please submit the full paper with an abstract in pdf format to hkimr@hkma.gov.hk, using the authors’ names as the filenames of the papers, and enter "Paper Submission for HKMA-New York Fed 2019 Joint Conference" as the email subject line. Please also indicate in your submission whether you would be interested in being a discussant as well. The organizers will select the papers based on originality, analytical rigor, and policy relevance.

The deadline for paper submission is February 15, 2019. Only the authors of accepted papers will be informed by March 22, 2019. Travel and local accommodation for speakers and discussants from academic institutions will be funded by the organizers.

Organizing Committee:
Hongyi Chen, Hong Kong Institute for Monetary Research
Marco Del Negro, Federal Reserve Bank of New York
Fatih Karahan, Federal Reserve Bank of New York
Paolo Pesenti, Federal Reserve Bank of New York