Joint ECB-IMF workshop on money markets, monetary policy implementation and market infrastructures

Submissions are welcome on all topics relating to money markets, monetary policy implementation and central bank operations frameworks, in particular: - optimal design of the implementation framework for conventional/unconventional monetary policy measures; - the evolution of central bank balance sheets, their role in monetary policy implementation and impact on money markets; - the monetary policy transmission mechanism through money markets; - the effects of negative interest rates on money markets and market liquidity; - the measurement of market fragmentation in money markets and its implications for monetary policy implementation; - the role of collateral markets for monetary policy implementation and implications for market liquidity; - the impact of regulatory reforms on money markets, securities financing transactions and monetary policy implementation; - structural changes in market infrastructures, clearing and settlement systems, and functioning of collateral markets; - the future prospects for money markets in the light of new thinking about the optimal features of monetary policy implementation frameworks. Attendance of the workshop is by invitation only.