Credit market dynamics have increasingly influenced macroeconomic developments in recent years. Notably, since the start of the recent Great Recession, credit markets have been a major source of macroeconomic disturbances as well as being important in the transmission of shocks originating...

Topics: - Stabilisation policies and growth in a low interest rate environment; - The economics of high public debt reconsidered; - Fiscal federalism revisited; - Fiscal rules, fiscal institutions, or both: political economy considerations.

This year's forum and discussions will touch upon themes such as the relevance of micro data for evidence-based policymaking; big data and micro-data hubs; statistics on a from-whom-to-whom basis; macroeconomic impacts of natural resources; and measuring material conditions. The conference is by...

The aim of this conference is to bring together researchers in different fields of banking, entrepreneurship, and finance working on issues related to the financing and governance of entrepreneurial firms and their impact on the creation, development, and performance of these firms. We are...

The conference brings together leading academics, central bankers and bank supervisors, and features keynote speakers Darrell Duffie (Stanford University) and Richard Berner (US Office of Financial Research). Questions for discussion will include: - How do global interconnections arise, and what...

Topics: - the evolution of bank business models and risk-taking preferences in response to regulatory change (Basel III) - the implications of the zero bound problem for (SME) lending choices - the existence of multiple policy objectives and private vs government lending - the challenges...

Papers (in English) covering the following subjects and related areas are welcome. - Function of RTGS systems - Risks in payments and settlement systems - Interdependencies between different financial market infrastructures - Crisis indicators in payments and settlement systems - Liquidity...

The crisis experienced in recent years has had a transformative impact on economic thinking, public opinion vis-à-vis the financial system and our economic order per se, prompting a widespread debate. Central banks are also caught up in this process, as are perceptions of the role they play....

The recent financial turmoil and its serious economic consequences constituted a major challenge for central banks and banking supervisors around the world. Against this background, the Bundesbank is organising a workshop that aims to scrutinise how the role of central banks has evolved since...

From its very beginning, the Euro area has been characterized by manifold economic heterogeneity, and the recent economic crisis highlights the central role that economic heterogeneity can play, especially when it comes to the transmission of unconventional monetary policy. Therefore, this...