The workshop will include papers in the area of the links between macroprudential policy, monetary policy and real economic activity as well as a keynote speech given by David Miles (Imperial College and Bank of England).

This workshop will bring together policymakers and academics with an interest in the implications of ambiguity in financial and macroeconomic contexts. Submissions of theoretical and empirical papers on the following issues are welcome. - Aspects of ambiguity, inattention, information frictions,...

Papers presented address topics such as the role of capital flow management measures as a policy instrument and their spillovers, the role of banks in international business cycles, exchange rate policy, and international debt deleveraging.

Topics: 1. Modeling monetary economies. 2. Role as lender of last resort, efficacy of financial support for banks and other financial intermediaries 3. Anchoring of inflation expectations; 4. Interactions between fiscal and monetary policy; 5. Characterising empirical relationships between...