MMF Economic Policy Seminar - Spring 2014
Hosted: School of Economics and Finance Queen Mary University of London
Interest Rate Normalisation
Friday 21 February 2014
At the David Sizer Lecture Theatre, Ground Floor of Francis Bancroft Building, Queen Mary, University of London, Mile End Road, London E1 4NS
14:00-15:30 Session I
Martin Weale (MPC, Bank of England and QMUL) “Forward Guidance and its Effects”.
Bill Allen (Cass) “The next reactivation of monetary policy”
Shamik Dahr (Aviva Investors and MMF) “What is normal, anyway?”15:30-16:00 Coffee break
16:00-17:30 Session II
Simon Wren Lewis (Oxford) "The idea of secular stagnation is fashionable, but does it make sense?”
Alex Michaelides (Imperial) "Policy lessons from Cyprus"
Richard Barwell (RBS Capital Markets) "Interest rate normalisation: a markets perspective”17:30 End of Seminar and Drinks.
Organisers: Francis Breedon (QMUL), Jagjit Chadha (Kent and MMF), Georgios Chortoreas (Kings College London and MMF), Haroon Mumtaz (QMUL) and Kevin Sheedy (LSE and MMF).This is the first MMF-QMUL Economic Policy Seminar, which will be running regularly three to four times per year and is open to all UK-based academics and research students. Please register your plan to http://econ.qmul.ac.uk/events/mmf-seminars.html. The MMF can support off-peak train travel for academics to this seminar if your host institution cannot fund your travel.
PhD MACROECONOMIC WORKSHOP
“Recent Developments in Money, Macroeconomics and Finance”
Warwick, 31st March to 1st April
Sponsored by the Money, Macro, Finance Group, the Centre for Competitive Advantage in the Global Economy (CAGE) at the University of Warwick, Warwick Business School and the Bank of England.
Together with colleagues at the University of Warwick and the Bank of England, the Money Macro and Finance group, MMF, are launching an annual workshop for UK-based PhD economists in the broad fields of money, macro and finance.
The main objective of the workshop is to provide advanced PhD economists, about to go on the job market, an opportunity to present their research to their peers and leading researchers in the field in order to obtain feedback and practice the presentation of their key research ideas. An added bonus is that it allows for some early dissemination of these ideas across the research and policy-making community. As well as senior academics, the conference will be attended by economists from the Bank of England and H M Treasury.
We invite submissions of complete papers from PhD students who are registered for their research degree at UK institutions of higher education. Topic areas may include but are not confined to macroeconomic theory, time series, panel data and Bayesian macro-econometrics and economic and financial history. Attendees should note that they may be asked to discuss a paper. The costs of attendance at the conference will be met by the sponsors. Should you wish simply to attend please contact the organisers directly.
The Scientific Committee for the conference in 2014 comprises: Jagjit Chadha (Kent and MMF); Martin Ellison (Oxford and MMF); Kevin Lee (Nottingham and MMF); Michael McMahon (Warwick and MMF); Stephen Millard (Bank of England and Durham); James Mitchell (WBS); Kris Mitchener (CAGE, Warwick) and Michael Moore (WBS).
Conference on Monetary Analysis and Monetary Policy Frameworks
Organised by David Cobham (Heriot-Watt University)
Wednesday-Thursday 9-10 April
The Point Hotel, Bread Street, EdinburghKeynote lectures by Ben Friedman and Charles Goodhart, papers by economists from Bank of England, European Central Bank, Bank for International Settlements and academePreceded by PhD training sessions on part of the Wednesday (and incorporating poster session for PhD students on the Thursday)For further details see http://www.sml.hw.ac.uk/departments/accountancy-economics-finance/conference-monetary-analysis-monetary-policy-frameworks.htm
Birmingham Econometrics and Macroeconomics Conference
6-7 May 2104
CALL FOR PAPERS
CONFERENCE ON CHINA AFTER 35 YEARS OF ECONOMIC TRANSITION
8-9 May 2014,
London Metropolitan University, 84 Moorgate London, UK, EC2M 6SQ
London Metropolitan University through its Centre for International Capital Markets is hosting a conference "China after 35 Years of Economic Transition"
The conference will provide a platform for experts, academics, and policy makers to exchange their in-depth insights on all aspects of Chinese economic and social transformation since 1978 and evaluate the prospects for the decades ahead.
Papers on the following issues about China are particularly welcome: Economic growth and inequality, Monetary and fiscal policy, Exchange rate determination and policy, Banking and financial markets, International trade and capital flows, International financial Integration Demographics, Pension and health systems, Environment, energy and sustainability, State owned enterprises and privatisation Corporate governance and social responsibility, Institutional development, International political economy, Comparative economic development
Centre for International Capital Markets, London Metropolitan University
Centre for Empirical Finance, Brunel University, London
The Bank of Finland Institute for Economies in Transition (BOFIT)
Conference Chair: Dr Kefei You (Director, Centre for International Capital Markets)
Co-Chair: Professor Guglielmo Maria Caporale (Director, Centre for Empirical Finance)
Professor Catherine Schenk, Dean for Research, College of Social Sciences, University of Glasgow
Mr Xianhong Deng, Vice Chairman of the State Administration of Foreign Exchange, China
SPECIAL ISSUE OF CHINA ECONOMIC REVIEW
Selected papers presented at the conference will be published in a special issue of China Economic Review. Guest Editor: Professor Guglielmo Maria Caporale Co-Editor: Dr Kefei You
Chair: Professor Guglielmo Maria Caporale Co-Chair: Dr Kefei You
Word Limits: Titles are limited to 30 words. The abstract text body is limited to 500 words.
Abstract Submission Deadline: 31 Jan 2014
Submission Confirmation: After submission of the abstract, a confirmation email will be sent to the abstract submitter.
Notification of acceptance of abstracts 28 Feb 2014 Please note that submission of full papers, if they are available by 31 Jan 2014, are strongly encouraged.
Final Paper Submission Deadline
21 March 2014. The final version of the paper should not exceed 40 pages. For both abstract and final paper, please supply the original Word documents, not PDFs.
Workshop on ‘Liquidity Management, Institutions and the Macro-economy’
Friday 9 May 2014
University of Nottingham, Jubilee Campus
Organised by the Centre for Finance, Credit and Macroeconomics, Nottingham and the Nottingham University Business School with support from MMF
MMF Economic Policy Seminar: 6th June 2014 Monetary and Fiscal Issues for an Independent Scotland
Hosted: School of Economics and Finance Queen Mary University of London
Monetary and Fiscal Issues for an Independent Scotland14:00 – 15:30 Session I
Mr. Alun Evans (Scottish Office)
Dr. Angus Armstrong (NIESR)
Professor David Bell (Stirling)
Chair: Professor Francis Breedon
15.30 – 16:00 – Tea/Coffee
16:00 – 17:30 Session II
Sir Nick Macpherson (HMT)
Professor Ronald MacDonald (Glasgow)
Professor Andrew Hughes-Hallett (Georgetown and St Andrews)
Chair: Professsor Jagjit Chadha.
Organisers: Angus Armstrong (NIESR) Francis Breedon (QMUL), Jagjit Chadha (Kent and MMF), Georgios Chortoreas (Kings College London and MMF), Haroon Mumtaz (QMUL) and Kevin Sheedy (LSE and MMF).
Please register at: http://econ.qmul.ac.uk/events/mmf-seminars/index.html
CALL FOR PAPERS: 7th CGBCR Conference (Manchester)
3 ‐ 4 July 2014
The Centre for Growth and Business Cycle Research at the University of Manchester will host its seventh
conference on Growth and Business Cycle in Theory and Practice on 3‐4 July 2014. The Conference is intended to provide a forum for the dissemination of recent research on growth and business cycles from both theoretical and empirical perspectives. The Conference is unique in the UK, and should be of interest to both academic economists and policy makers alike.
Conference link: http://www.socialsciences.manchester.ac.uk/cgbcr/conferences/
The Keynote Speakers for the 2014 CGBCR conference are:
• Guido Ascari (Pavia)
• Paul De Grauwe (LSE)
• Nobuhiro Kiyotaki (Princeton)
• Marcus Miller (Warwick)
• Simon Wren‐Lewis (Oxford)
A Supplement Issue of The Manchester School is planned for the conference. The selection will be based on a standard, but high‐speed, refereeing process with the view to publishing the highest quality submissions.
Call for Papers
Seventh Conference on Growth and Business Cycles in Theory and Practice, 3 ‐ 4 July 2014.
The Centre for Growth and Business Cycles Research invites submissions of papers for its 2014 conference.
The deadline for submissions is 10 March 2014. Decisions will be made by 10 April 2014, when registration will also open. For the deadline for submissions of presented papers to The Manchester School see above.
For further information please visit: http://www.socialsciences.manchester.ac.uk/cgbcr/conferences/
Andy Haldane Bank of England
Wednesday 29 October 2014
17:15 for 17:30
G12 Main Lecture Theatre, Birmingham Business School, University House, (off Edgbaston Park Road, opposite the University’s East Gate and next to King Edwards School).
Supported by the Money, Macroeconomics and Finance Research Group
The Lecture is held annually in memory of Professor Maxwell Fry, who was Professor of International Finance at Birmingham Business School until 2000. Max worked in the fields of international and development (‘global’) finance and the annual lecture is given by a prominent academic or policy maker on a topic that reflects Maxwell Fry’s interests. Past speakers have included Mervyn King, when Deputy Governor of the Bank of England, Marek Belka, former Finance Minister and Prime Minister of Poland, Thorsten Beck, Chairman of the European banking centre in the Netherlands and prominent US academics such as Ross Levine, Ronald MacKinnon and Charles Calomiris.
MMF Economic Policy Seminar: The instruments of macroprudential policy
Hosted by: School of Economics and Finance Queen Mary University of London
Venue: David Sizer Lecture Theatre, Bancroft Building
Date: Friday 7th November
Registration and light lunch 12:30-13:30
Session 1: 13:30 – 15:00
Thorsten Beck, Professor of Banking and Finance, Cass Business School
Sujit Kapadia, Head of Research, Bank of England
David Llewellyn, Professor of Money & Banking, Loughborough University and Chairman of the Board of the Banking Stakeholder Group at the European Banking Authority (EBA).
Coffee Break 15:00-15:30
Session 2: 15:30-17:30
Ray Barrell, Professor of Economics, Brunel University
Paul Fisher, Deputy Head of the PRA, Bank of England
Claudia Girardone, Professor of Banking and Finance, Essex Business School
Alistair Milne, Professor of Financial Economics, Loughborough University
Reception and buffet: 17:30
Conference on ‘Effective Macroprudential Instruments’
November 13-14, 2014
Organised by the Centre for Finance, Credit and Macroeconomics, University of Nottingham, UK
Location: Great Hall, Main Campus, University of Nottingham
10.00am - 10.30am Welcome, Registration and Coffee
10.30 opening remarks – Paul Mizen
10.35 - 11.30pm Keynote speaker 1 (Chair: Paul Mizen)
Philip Turner (Bank for International Settlements) “The Macroeconomics of Macroprudential Policies”
11.30am – 1.00pm Session 1 (Chair: Paul Mizen)
- “When is Macro-Prudential Policy Effective?”
Chris McDonald (Bank for International Settlements and Reserve Bank of New Zealand)
- “Consumption Dynamics, Housing Collateral and Stabilisation Policy: A Way Forward for Macro-Prudential Instruments?”
Jagjit Chadha (University of Kent)
1.00pm – 2.00pm Buffet Lunch
2.00pm – 3.00pm Keynote Speaker 2 (Chair: Joe Pearlman)
Philipp Hartmann (European Central Bank) “Policy Messages from the ESCB Macroprudential Research Network (MaRs)”
3.00pm – 4.30pm Session 2 (Chair: Margarita Rubio)
- "Monetary and Macroprudential Policies"
Stefano Neri (Banca D’Italia)
- “Bank Regulation under Fire Sale Externalities”
Mehmet Ozsoy (Ozyegin University) and Gazi Kara (Board of Governors, Federal Reserve System)
4.30pm – 5.00pm Tea/Coffee break
5.00pm – 6.30pm Session 3 (Chair: Kevin Lee)
- "Capital Regulation and Macroeconomic Activity: Implications for Macroprudential Policy" Roland Meeks (Bank of England and University of Essex)
- "Basel III Regulation and Monetary Policy: A Macroprudential Approach"
José Carrasco-Gallego (University of Portsmouth) and Margarita Rubio (University of Nottingham)
9.30am – 10.30am Keynote Speaker 3 (Chair: Jagjit Chadha)
Jean-Pierre Landau (Sciences Po, Paris) “TBC”
10.30am – 12.00am Session 4 (Chair: Giammario Impullitti)
- “On the Use of Monetary and Macroprudential Policies for Small Open Economies”
Filiz Unsal (IMF) and Gulcin Ozkan (University of York)
- “Capital Flows, Financial Intermediation and Macroprudential Policies”
Matteo Ghilardi (IMF)and Shanaka Peiris (IMF)
12.00pm – 1.00pm Buffet Lunch (Richard Barwell, RBS - Talk 1.15 followed by Q&A)
1.00pm – 2.30pm Session 5 (Chair: Marta Aloi)
- “Macroprudential Regulation and the Role of Monetary Policy”
Roy Zilberman (Lancaster Business School) and William Tayler (Lancaster Business School)
- “Cross-border Effects of Macroprudential Policy”
Rhiannon Sowerbutts (Bank of England) and Dennis Reinhardt and (Bank of England)
2.30pm – 3.00pm Tea/Coffee break
3.00pm – 4.30pm Session 6 (Chair: Spiros Bougheas)
- "Systemic Risk and Bank Business Models"
Maarten van Oordt (De Nederlandsche Bank) and Chen Zhou Erasmus University)
- "Macroprudential Tools of Systemic Risk Analysis"
Marcin Łupiński (National Bank of Poland)
- "Optimal Versus Realized Bank Credit Risk and Monetary Policy"
Yiannis Karavias (University of Nottingham) and Manthos Delis (University of Surrey)
4.30pm closing remarks
We are grateful for funding from the Royal Economic Society, the Money Macro and Finance Research Group and the School of Economics, University of Nottingham.
Organising committee: Paul Mizen (University of Nottingham), Jagjit Chadha (University of Kent), Joe Pearlman (City University London), Margarita Rubio (University of Nottingham) and José Carrasco-Gallego (University of Portsmouth)