Submission deadline: 30 April 2020
Call for Papers
4th Annual Workshop of the ESCB Research Cluster 3 on “Financial Stability, Macroprudential Regulation and Microprudential Supervision”
Prague, 1 and 2 October 2020
Česká národní banka and the Banco de España are organising the fourth annual workshop of the European System of Central Banks (ESCB) research cluster on “Financial stability, macroprudential regulation and microprudential supervision”, which will take place in Prague on 1 and October 2020.
Relevant topics include, but are not limited to:
Relevant topics include, but are not limited to:
- The impact and implementation of microprudential and macroprudential regulation.
- Challenges for banking supervision, including business models, credit risk (with a focus on non-performing loans and concentration), risk management and resolution.
- The implications of a “low-for-long” scenario and normalisation of monetary policy for financial stability.
- Linkages between unconventional monetary policy, financial stability and banking supervision.
- Links between financial and business cycles.
- Linkages between macroprudential policies, financial stability and real variables.
- The implications of green finance and climate risks for financial stability.
- Sources of structural risks in the financial system and their relationship with cyclical risks.
- Financial sector interconnectedness and its implications for financial stability and macroprudential policy.
- Corporate governance and bank risk.
- The political economy of banking supervision.
- Macroeconomic models with a fully-fledged financial sector.
- Financial stability in small open economies.
- Issues related to the capital markets union.
- The implications of the accelerating integration of banks and markets for financial stability and regulation.
- Shadow banking and financial technology (fintech).
- New trends in asset management.
Keynote speakers
- Mariassunta Giannetti, Stockholm School of Economics
- Xavier Freixas, Universitat Pompeu Fabra
Research clusters were set up by ESCB heads of research in order to encourage interaction and collaboration between ESCB researchers working in fields of common interest.
Research Cluster 3 is open to all ESCB researchers and participation is encouraged. ESCB researchers are welcome to express an interest in participating in the workshop as discussants or as observers, even if they do not submit a paper. Please note that it may not be possible to accept all applications to attend this workshop if demand exceeds the number of places available.
Papers will be selected on the basis of academic quality. Policy-relevant research, work on small open economies and papers featuring collaboration across ESCB institutions are encouraged. Early drafts and work from junior researchers are welcome.
The aim of the workshop is to provide an informal forum for researchers to present their work, exchange views and obtain feedback from other ESCB colleagues.
Submissions
The call for papers is addressed to all active ESCB researchers, including colleagues working in policy areas such as banking supervision, financial stability, economics, international markets and risk management. Authors are invited to submit theoretical and empirical papers on the aforementioned topics. Submissions should consist of either a full paper or an extended abstract and should be sent as a PDF document to cluster3escb@cnb.cz.
The submission deadline is 30 April 2020.
Authors of accepted papers will be notified by 31 May 2020.
The format of the workshop will include a discussant for each paper.
Expenses
Participants are expected to cover their own travel and accommodation expenses.
Scientific Committee
- Hiona Balfoussia, Bank of Greece
- Diana Bonfim, Banco de Portugal
- Nicola Garbarino, Bank of England
- Sarah Holton, Central Bank of Ireland
- Björn Imbierowicz, Deutsche Bundesbank
- Esa Jokivuolle, Suomen Pankki – Finlands Bank
- Olivier de Jonghe, Nationale Bank van België/Banque Nationale de Belgique
- Jean-Stéphane Mésonnier, Banque de France
- Matic Petriček, Banka Slovenije
- Anatoli Segura, Banca d’Italia
- Razvan Vlahu, De Nederlandsche Bank
Organisers
- Sergio Mayordomo, Banco de España
- Simona Malovaná, Česká národní banka