Call for Papers

This year the focus of the conference is on the linkage between sovereign debt and real economic activity. To a certain extent, and at least in the short-run, public debt promotes economic growth given it allows the government to build infrastructure, provide health care, improve education and national job training efforts, all of which keep its citizens healthy and productive. That said, a common view is that too high a public debt level will impinge on overall economic growth in the long-run. However, not everyone agrees on the direction or cause of this correlation. This conference will analyze the causes and channels by which sovereign debt, unconventional monetary policies and economic growth are interlinked and their impact on savings, investments, capital markets, uncertainty, interest rates and liquidity both in developed and emerging countries.

Submissions of both theoretical and empirical work are welcome as long as they fit into the broad topic of the conference.

• Of particular interest are papers addressing the linkage between government debt and economic growth in the short and long-run, especially when investors are willing to pay governments to take on debt because of the negative interest rates.
• Spill-overs from quantitative easing in industrialized countries on emerging markets.
• Impact of quantitative easing on sovereign bond market liquidity.
• Sovereign bond market liquidity in emerging countries, especially in Asia.

Papers in other related areas of sovereign bond markets will also be considered.

Those wishing to present a paper at the Conference should submit by December 15, 2016 to sovereign.conference@greta.it

Decisions regarding acceptance will be made by January 15, 2017.

The final version of accepted papers must be received by February 15, 2017.

The Conference will provide a stipend of US$1,000 to each presenter and discussant to help defray travel and lodging expenses.