The purpose of the workshop is to survey some recent developments in non-semimartingales like fractional Brownian motion in stochastic finance. The use of non-semimartingales is partially motivated by pricing models with transaction costs, or pricing non-tradeable assets, like electricity. The...

Topics: 1. Finance and growth in developed countries 2. How do financial markets finance innovation? 3. Market failures? The role of private and public institutions in financing innovations. 4. The European Financial Market

Topics: - Institutions, innovations and new threats to financial stability - Investor behavior and stability of financial markets - The financial stability pillar of central banking - Financial regulation, supervision and stability - Modeling macro stress tests - Financial stability, efficiency...

The Bank of Finland Institute for Economies in Transition (BOFIT) and Centre for Economic and Financial Research (CEFIR) will organise a workshop on macroeconomic research for Russia and other transition countries. We look forward to receiving papers addressing various topics in macroeconomics,...

The ‘New Consensus’, around independent central banks and the use of short-term interest rates as the key instrument of monetary policy, by no means exhausts the range of modern central bank activities or the issues that financial markets pose for the newly consensual monetary...