The Justus Liebig University Giessen in conjunction with the GGS invites academics and PhD students to submit papers for consideration of presentation at the 6th Conference on Behavioral Research in Finance, Governance and Accounting. - Applied Microeconomics - Behavioral Economics - Behavioral...

We are pleased to invite finance researchers, academics, and practitioners to the 1st Modern Finance Conference (MFC), to be held at Kozminski University in Warsaw, Poland, on 15-17 September 2024. The event aims to provide a platform for the dissemination of cutting-edge research, innovative...

We introduce shocks to the availability of US dollar funding for non-US financial intermediaries in a two-country New Keynesian model with financial frictions. Such dollar shortages lead to uncovered interest rate parity deviations and have a significant negative effects on the macroeconomy....

We document the presence of significant liquidity costs in Spanish sovereign debt auctions: the larger the auctioned amounts, the lower the issuance price relative to secondary market prices. Motivated by this evidence, we characterize the optimal debt-maturity management problem of a government...

The world is facing a concurrence of crises: the war in Ukraine and the ongoing recovery from COVID-19 on top of the effects of climate change. While differing very much in nature, these crises all have a decisive effect on economic and monetary policy. With our conference, we seek to develop a...

This essay studies China’s bond market development by reviewing the main characteristics of the onshore market and important liberalization steps. It also describes recent trends in debt portfolio investment flows into China by non-resident investors. The simple theoretical framework for push...

The conference will feature once more an impressive academic line-up and, as last year, will be in virtual format. The three conference sessions will tackle issues related to monetary policy, credit and financial crises, the role of financial markets in monetary policy transmission as well as...

Climate change is one of the greatest economic challenges of our time. Given the scale of the problem, the question of whether a carbon tax should be introduced is hotly-debated in policy circles. This paper studies the design of a carbon tax when environmental factors, such as air...

The governance of almost all complex social or natural resource systems is polycentric: it involves distributed, nested and partially overlapping patterns of competitive and cooperative relationships among relatively autonomous private and public actors, operating at different levels, within a...