Call for Papers

This conference will provide a venue for original research on the role of financial markets and financial institutions in the transmission of monetary policy and on how monetary policy should respond to financial market developments. Presentations will include a number of invited papers along with a selection of the papers submitted in response to this announcement. All of the papers presented at the conference will be considered for publication in a special issue of the Journal of Money, Credit, and Banking (JMCB).

Invited papers:

Authors of invited papers are Lawrence Christiano (Northwestern University), Michael Devereux (University of British Columbia), Simon Gilchrist (Boston University), Glenn Rudebusch (Federal Reserve Bank of San Francisco) and Michael Woodford (Columbia University).

Contributed papers:

Contributed papers: The scope of the conference will include both theoretical and empirical studies regarding the linkages between financial markets and the design and conduct of monetary policy. Possible topics include, but are not necessarily limited to, the following:

  The determinants of the term structure of interest rates

  Credit market frictions and the macroeconomy

  Asset price bubbles and monetary policy

  Portfolio choice in a global economy

  Risk premiums in foreign exchange markets

  The information content of commodity futures and options prices

Submission guidelines:

  Complete manuscripts (not abstracts) should be sent in PDF format to [email protected] and must be received by Friday, January 16, 2009.

  Manuscripts submitted for this conference may not be under review at any other journal.

  Papers will be selected by the conference organizers, Christopher Erceg (Federal Reserve Board), Andrew Levin (Federal Reserve Board), and Kenneth West (University of Wisconsin).

  Authors of accepted papers will be notified by March 1, 2009.

  Travel expenses of presenting authors will be reimbursed.

  The papers presented at the conference will be refereed and considered for publication in a special issue of the JMCB; the usual submission fee will be waived.