2026 Conference – Money Macro and Finance Society

57th Annual Conference of the Money, Macro and Finance Society

9 - 11 September 2026
Lancaster University
United Kingdom

CALL FOR PAPERS

The Money Macro and Finance (MMF) Society is pleased to invite you to the 57th Annual Conference of the Society, which will be held in person from 9–11 September 2026 at Lancaster University, UK, and welcomes submissions across all areas of monetary economics, macroeconomics, and financial economics.

The MMF Society traces its origins to Harry Johnson and the Money Study Group established in 1969 at London School of Economics. Now more than 50 years old, the Society has a long tradition of hosting annual conferences featuring an outstanding lineup of speakers. Recent participants have included Olivier Blanchard, Alan Blinder, Marcus Brunnermeier, Laurence Christiano, Janice Eberly, Jordi Gali, Mark Gertler, Linda Goldberg, Sydney Ludvigson, Maurice Obstfeld, and George-Marios Angeletos, among others. Further details about the Society can be found on our website.

SUBMISSION DETAILS

Please submit your unpublished manuscripts via the Conference Maker system. We welcome both complete papers and well-developed draft submissions. The deadline for submissions is 29 May 2026, and authors will be notified of the outcome by 24 June 2026.

KEYNOTE SPEAKERS

Pierpaolo Benigno (University of Bern)
Ester Faia (Goethe University of Frankfurt)
Lucio Sarno (Cambridge Judge Business School)
Eric T. Swanson (University of California, Irvine)

LOCAL ORGANISING PROGRAMME COMMITTEE

Lorenza Rossi (Chair, Lancaster University)
Stefano Fasani (Lancaster University)
Giorgio Motta (Lancaster University)
Ingmar Nolte (Lancaster University)
Eftymios Pavlidis (Lancaster University)
Stefano Soccorsi (Lancaster University)
William Tayler (Lancaster University)

CONFERENCE VENUE

LUMS Management School building
Lancaster University
Bailrigg, LA14YW
Lancaster, UK

REGISTRATION FEES

Early-bird rate: £340 (to be paid by 25 July 2026).
Full rate: £399 (from 26 July through 10 August 2026).
Student rate: £230 (by 10 August 2026).
Retired/Seniors rate: £120 (by 10 August 2026).
Dinner Option: An additional £60 (by 10 August 2026).

FURTHER INFORMATION

There will be a Bank of England drinks reception on 9 September 2026. The main conference dinner will be held on 10 September 2026.

For further information please contact the local organising programme committee team at mmf2026.lancaster@gmail.com

SPECIAL SESSIONS

Special Session	Chair	Speakers and Presentations
NIERS Fiscal Sustainability	Stephen Millard (NIESR)	• Mike Dicks (NIESR) – UK Debt Sustainability over Three Centuries • Simon Nixon (NIESR) – A Balance Sheet Approach to Fiscal Sustainability • Thomas Walsh (University of Glasgow, Wolfram Horn, Frankfurt School of Finance and Management) – Fiscal News and the Macroeconomy: Evidence from UK Budget Announcements
Bank of England Inflation Dynamics: Supply Shocks and Price Setting Frictions	Emmanuel De Veirman (Bank of England)	• Christina Anderl (Bank of England) – When Oil Cannot Move: The Inflationary Consequences of Maritime Oil Supply Shocks • Ruslana Datsenko (Bank of England) – Inflation Shock Pass-Through under State-Dependent Pricing with Asymmetric Rigidities • Emmanuel De Veirman (Bank of England) – How Does the Phillips Curve Slope Vary with Repricing Rates?
Bank of England & Loughborough Business School Digital Futures of Money and Banking	Alistair Milne (Loughborough University)	• Martina Fraschini (University of Luxembourg) – The End of the Crypto-Diversification Myth • Wilko Bolt (De Nederlandsche Bank, Vrije Universiteit Amsterdam) – Consumer multi-banking and bank cross-selling of financial services • Benjamin Hemingway (Bank of England) – A Model of Credit and Deposit Unbundling with Intermediary Entry • Alistair Milne (Loughborough University) – The Economics of Payment Initiations: Disputes, Incentives and Welfare Outcomes
Bank of International Settlements AI, the Macroeconomy and Monetary Policy	Aaron Mehrotra (BIS)	• Simone Lenzu (Federal Reserve Bank of New York) – Artificial Intelligence and Monetary Policy: A Framework and Perspective on Cyclical Transmission, Structural Transition, and Financial Stability • Alina Kempf (European University Institute) – AI, Inflation and Monetary Policy: Insights from a Task-Based New Keynesian Model • Murat Ozbilgin (Bank of England) – Artificial Intelligence, Human Capital, and the Demographic Productivity Drag • Aaron Mehrotra (BIS) – Artificial Intelligence and Growth in Advanced and Emerging Economies: Short-Run Impact
Centre on Household Assets and Savings Management (CHASM) Inequality, Housing Choice, and Household Financial Wellbeing	Alessandra Mongiardino (Triodos Bank UK)	• tbc • Maximilian Propst (University of Cyprus) – A Decision of a Lifetime: Housing Tenure Choice under Randomized Prices • Remzi Kaygusuz (Durham University) – A Different World: Drivers of Income Inequality 1980-2020
Timberlake Open Economy Macroeconomics	Themis Pavlidis (Lancaster University)	• Olivier Cardi (Université Paris-Panthéon-Assas) – Dynamic Effects of Corporate Taxation in an Open Economy • Stefano Soccorsi (Lancaster University) – Global and Local Effects of Federal Reserve Communication: Uncertainty and Real Activity • Themis Pavlidis (Lancaster University) – Drifting STAR: A Time-Varying Nonlinear Real Exchange Rate Analysis
Centre for Financial Econometrics, Asset Markets and Macroeconomic Policy (EMP) Monetary–Fiscal Interactions	Lorenza Rossi (Lancaster University)	• Julien Acalin (IMF) – Activist Treasury Issuance: Debt Maturity, Term Premia, and Monetary–Fiscal Interactions • Fabrizio Zampolli (BIS) – Public Debt and Monetary Policy Transmission: Evidence from Advanced and Emerging Europe • Renato Faccini (Danmarks Nationalbank) – Monetary vs. Fiscal Dominance: Evidence from a Firm Survey Experiment • Andrea Fratini (Sapienza University of Rome) – On the Identification of Unfunded Fiscal Shocks with Risk-Neutral Expectation Premium

Special Session

Chair

Speakers and Presentations

NIERS

Fiscal Sustainability

Stephen Millard (NIESR)

• Mike Dicks (NIESR) – UK Debt Sustainability over Three Centuries

• Simon Nixon (NIESR) – A Balance Sheet Approach to Fiscal Sustainability

• Thomas Walsh (University of Glasgow, Wolfram Horn, Frankfurt School of Finance and Management) – Fiscal News and the Macroeconomy: Evidence from UK Budget Announcements

Bank of England

Inflation Dynamics: Supply Shocks and Price Setting Frictions

Emmanuel De Veirman (Bank of England)

• Christina Anderl (Bank of England) – When Oil Cannot Move: The Inflationary Consequences of Maritime Oil Supply Shocks

• Ruslana Datsenko (Bank of England) – Inflation Shock Pass-Through under State-Dependent Pricing with Asymmetric Rigidities

• Emmanuel De Veirman (Bank of England) – How Does the Phillips Curve Slope Vary with Repricing Rates?

Bank of England & Loughborough Business School

Digital Futures of Money and Banking

Alistair Milne (Loughborough University)

• Martina Fraschini (University of Luxembourg) – The End of the Crypto-Diversification Myth

• Wilko Bolt (De Nederlandsche Bank, Vrije Universiteit Amsterdam) – Consumer multi-banking and bank cross-selling of financial services

• Benjamin Hemingway (Bank of England) – A Model of Credit and Deposit Unbundling with Intermediary Entry

• Alistair Milne (Loughborough University) – The Economics of Payment Initiations: Disputes, Incentives and Welfare Outcomes

Bank of International Settlements

AI, the Macroeconomy and Monetary Policy

Aaron Mehrotra (BIS)

• Simone Lenzu (Federal Reserve Bank of New York) – Artificial Intelligence and Monetary Policy: A Framework and Perspective on Cyclical Transmission, Structural Transition, and Financial Stability

• Alina Kempf (European University Institute) – AI, Inflation and Monetary Policy: Insights from a Task-Based New Keynesian Model

• Murat Ozbilgin (Bank of England) – Artificial Intelligence, Human Capital, and the Demographic Productivity Drag

• Aaron Mehrotra (BIS) – Artificial Intelligence and Growth in Advanced and Emerging Economies: Short-Run Impact

Centre on Household Assets and Savings Management (CHASM)

Inequality, Housing Choice, and Household Financial Wellbeing

Alessandra Mongiardino (Triodos Bank UK)

• tbc

• Maximilian Propst (University of Cyprus) – A Decision of a Lifetime: Housing Tenure Choice under Randomized Prices

• Remzi Kaygusuz (Durham University) – A Different World: Drivers of Income Inequality 1980-2020

Timberlake

Open Economy Macroeconomics

Themis Pavlidis (Lancaster University)

• Olivier Cardi (Université Paris-Panthéon-Assas) – Dynamic Effects of Corporate Taxation in an Open Economy

• Stefano Soccorsi (Lancaster University) – Global and Local Effects of Federal Reserve Communication: Uncertainty and Real Activity

• Themis Pavlidis (Lancaster University) – Drifting STAR: A Time-Varying Nonlinear Real Exchange Rate Analysis

Centre for Financial Econometrics, Asset Markets and Macroeconomic Policy (EMP)

Monetary–Fiscal Interactions

Lorenza Rossi (Lancaster University)

• Julien Acalin (IMF) – Activist Treasury Issuance: Debt Maturity, Term Premia, and Monetary–Fiscal Interactions

• Fabrizio Zampolli (BIS) – Public Debt and Monetary Policy Transmission: Evidence from Advanced and Emerging Europe

• Renato Faccini (Danmarks Nationalbank) – Monetary vs. Fiscal Dominance: Evidence from a Firm Survey Experiment

• Andrea Fratini (Sapienza University of Rome) – On the Identification of Unfunded Fiscal Shocks with Risk-Neutral Expectation Premium