SOVEREIGN BOND MARKETS:
SAILING IN CALM AND STORMY WATERS
Dear Colleagues and Friends,
It is our pleasure to invite you to attend the 11th International Conference on Sovereign Bond Markets.
The conference this year focuses on Sailing in Calm and Stormy Waters, and it is hosted by the Bank of Italy at its Venice branch. Co-organizers include the Bank of Canada, the Deutsche Bundesbank, the European Central Bank, the Imperial College|Brevan Howard Centre for Financial Analysis, the Leibniz Institute for Financial Research SAFE, the London Business School|AQR Asset Management Institute and the NYU Stern|Volatility and Risk Institute.
Over the past year or so, most central banks around the globe have been achieving remarkable success in combating post-pandemic inflation. Some argue that inflation landing has been bumpy, i.e., not without material costs in terms of reduced economic opportunities and allocation inefficiencies on Main Street, as well as banking fragility and financial distortions on Wall Street. Others instead argue that modern central banking has achieved the rare feat of soft-landing high inflation while supporting a protracted recovery despite a trifecta of geopolitical challenges --- the global conflicts in Ukraine and the Middle East, post-pandemic supply chain strains, and unresolved fiscal quandaries. This debate is likely to continue, and so are the unprecedented challenges currently faced by global capital markets.
The final program will include both submitted and invited papers.
The Conference will also feature panel discussions on the major outstanding issues in sovereign bond markets.
CALL FOR PAPERS
- Unconventional monetary policies during periods of turmoil and:
- Pricing of financial assets and exchange rates
- Divergent policy-making around the globe
- Market participants, primary dealers, and other institutions
- Risk taking by banks
- Spillovers and network effects from the US/Europe/Japan to other economies
- Spillovers and network effects across asset classes
- Currency regimes
- Investment and financial decisions of firms
- Financial market liquidity
- Sovereign debt issuance, management, and operational strategies.
- The impact of inflation-motivated monetary and fiscal policies on the sovereign bond markets
- Financial stability in an unstable world and:
- Soft versus bumpy landing and sovereign risk
- Conflicting monetary and fiscal policies
- The bank-sovereign “doom loop”
- Soft versus bumpy landing and financial fragility
- Financial dislocations and their real effects.
While the above topics define the broad contours of the areas of interest, papers in related areas may also be considered.
Those wishing to present a paper at the Conference should submit by December 15, 2024 at Questo indirizzo email è protetto dagli spambots. È necessario abilitare JavaScript per vederlo..
Decisions regarding acceptance will be made by February 1, 2025.
The final version of accepted papers must be received by March 1, 2025.
When
10 – 11 June 2025
Where
Contact us
For general & technical information
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For registration, travel & lodging
E-mail: TBA
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IMPORTANT DATES
- December 15, 2024 Papers submission deadline
- February 1, 2025 Paper acceptance notification
- March 1, 2025 Deadline for sending final version of accepted papers
SCIENTIFIC COMMITTEE
- Rui Albuquerque, Carroll School of Management, Boston College
- Patrick Augustin, McGill University
- Flavia Corneli, Bank of Italy
- Antonio Diez de los Rios, Bank of Canada
- Robert Engle, NYU Stern
- Michael Fleming, Federal Reserve Bank of New York
- Edith Hotchkiss, Carroll School of Management, Boston College
- Stephan Jank, Deutsche Bundesbank
- Tetsuo Kurosaki, International Monetary Fund and Bank of Japan
- Simone Manganelli, European Central Bank
- Sergio Mayordomo, Bank of Spain
- Paolo Pasquariello, Ross School of Business, University of Michigan
- Loriana Pelizzon, Leibniz Institute for Financial Research SAFE
- Stephen Schaefer, London Business School
- Marti G. Subrahmanyam, NYU Stern