International and Monetary Economics Network

Please join us in person at Sciences Po in Paris or online for an insightful event, jointly organized by Peterson Institute for International Economics and Sciences Po 16 January 2025 from 17:00 until 18:30 CET This event will explore the evolving dynamics of the transatlantic relationship as the United States prepares for a new presidential term. The EU-US Relationship at a Crossroads Featuring: Olivier Blanchard Jason Furman Mario Monti https://lnkd.in/eb-8VSZg

Wow, this looks like a must-read! "Monetary Economics and Policy: A Foundation for Modern Currency Systems" by Pierpaolo Benigno. "In Monetary Economics and Policy, Pierpaolo Benigno offers a new way to understand the potency and effectiveness of monetary policy, presenting a unified modeling framework to analyze policy challenges posed by both paper and digital currency systems. He investigates current theoretical and policy controversies, drawing connections with historical themes in monetary economics." You can order (or pre-order) the book here: https://lnkd.in/e8ccEHs8 By the way, Pierpaolo Benigno is a teacher in the Master in International and Monetary Economics of the Universities of Bern and Basel. Highly recommended! You can apply here: https://mimecon.ch

Highly recommended! MILE (Master of Advanced Studies in International Law and Economics) Established in 1999, MILE is the flagship program of the World Trade Institute. It is designed for students and professionals with a background in law, economics, international relations or political science, who wish to broaden their knowledge of international trade and investment. The program uniquely combines a multidisciplinary perspective with a strong applied focus. The World Trade Institute also offers another program: TRAIL+ (LL.M. in International Trade and Investment Law and Diploma in International Law and Economics). This program is specially designed for students and professionals with a legal background interested in specializing in international economic law with an interdisciplinary outlook on the global economy and trade policy. Everything about these programs and links to apply: https://lnkd.in/eQhQHzd6 World Trade Institute (WTI) Samantha Suarez

EBF has partnered with the Institute for Law and Finance (Goethe University Frankfurt) for the 13th Conference on the Future of the Financial Sector, which will be held on Friday, January 24, 2025. This hybrid event, hosted at the Westend Campus of Goethe University in Frankfurt am Main, will focus on the factors contributing to bank disintermediation and its consequences. There will be separate panels exploring: ➡︎ The rise of non-bank financial institutions ➡︎ The potential impact of central bank digital currencies ➡︎ The effects of regulatory reform ➡︎ The impact of disintermediation on monetary policy transmission Engage with leading experts from both the public and private sectors, including Lord Hill, Lorenzo Bini Smaghi, and Wim Mijs, CEO of the European Banking Federation. Secure your spot now! 🖇️ Find out more about the conference: https://lnkd.in/drJd3_hS

Reminder: Submission Deadline for ifo Dresden Workshop on Macroeconomics and International Finance Submit your papers for the ifo Dresden Workshop on Macroeconomics and International Finance, held on April 3 - 4, 2025, in Dresden. The submission deadline is January 15, 2025. Topics include financial stability, exchange rates and capital flows, monetary policy in a high-inflation environment, and more. Feel free to share the Call for Papers with colleagues who may be interested. https://lnkd.in/e_zcxRGd Stefan Eichler Robert Czudaj Robert Lehmann Alexander Schmid ifo Institute – Leibniz Institute for Economic Research

Just when you thought 'R-Star Wars' could not get any more interesting, a new contender joins the fray: 𝑭𝒊𝒔𝒄𝒂𝒍 𝑹-𝑺𝒕𝒂𝒓! This measure, from Marijn Bolhuis, Jakree Koosakul, and Neil Shenai, is very timely given the outlook for budget deficits. In this clip, Marijin explains what is Fiscal R-Star. Full transcript here: https://lnkd.in/dqqtmCjJ

#GerzenseeSeasons New Year’s Post 2025 From the Study Center in Gerzensee we wish you a prosperous 2025! We are looking forward to an exciting new year of academic activity! We have planned an attractive program of #CentralBankersCourses for central bank staff with 175 selected participants from 78 central banks all over the world. We will offer three courses for mid-level managers on Monetary Policy & Exchange Rates, Banking Regulation, and Financial Markets. We will also offer three courses for analysts and researchers on Empirical Finance, Monetary Economics, and Macroeconomic Forecasting. The 2024/2025 edition of our #SwissProgramforBeginningDoctoralStudents in Economics is well underway with 30 students from 9 universities. We eagerly anticipate the return of all students as well as our outstanding lecturers. Professor Fernando Alvarez (University of Chicago) will be the first lecturer to visit Gerzensee in the new year! We are delighted  to announce our 2025 Program of #AdvancedCoursesinEconomics with courses on Causal Inference, Development Economics, Economic Growth, Bayesian Financial Econometrics; Mechanism Design, Monetary & Fiscal Policy with Heterogenous Agents, and Household Finance. PhD students, faculty members and research economists are welcome to apply here: https://lnkd.in/dK4QMzEc Our 2025 Program of #LawandEconomicsCourses will include courses on consumer contracts and evidence-based research. PhD students, faculty members and research economists are welcome to apply! This spring we will host a Conference on Financial Intermediation jointly organized with Bank for International Settlements – BIS, CEPR - Centre for Economic Policy Research and SFI Swiss Finance Institute. The preliminary program is available here: https://lnkd.in/dqyMHSxj In October we will host our biannual Conference on #Macroeconomics, co-organized with the Journal of Economic Dynamics & Control, Federal Reserve Bank of St. Louis, and the Schweizerische Nationalbank. Don’t miss our call for papers, which will be out soon. We especially look forward to welcoming researchers attending symposia and workshops we host for our partner research networks: CEPR - Centre for Economic Policy Research and the SFI Swiss Finance Institute. Looking forward to seeing you! Visit our website for program infos and follow us on LinkedIn Study Center Gerzensee to stay informed on future events: https://szgerzensee.ch/ #Gerzensee #TimeforEconomists

The OECD expects the US economy to grow by 2.4% in 2025. But economic policy uncertainty is high. What do you expect?

Fantastic news! Tomorrow, my book Monetary Economics and Policy, published by Princeton University Press, will officially be released. I’m thrilled to share that it’s already among the top 5 bestsellers in the Banking and Macroeconomics categories on Amazon US during pre-sales! This book provides a unified theoretical framework for understanding the foundations of modern currency systems. It delves into how central banks formulate policy and addresses the challenges posed by digital currencies, cryptocurrencies, and private liquidity. I also explore how central banks can control inflation and stabilize economies during extraordinary times, including liquidity traps and financial crises, by using unconventional tools such as quantitative and credit easing, forward guidance, helicopter money. The book further examines the causes of inflation and hyperinflation, shedding light on some of the most debated topics in monetary economics and offering a historical perspective on both long-standing and emerging issues. Princeton University Press, Universität Bern