Call for Papers
CEPR & 5th International Macroeconomics and Finance Conference on
Understanding Exchange Rate Dynamics
Seoul, 3-4 April 2020
Korea University will host the 5th International Macroeconomics and Finance conference (IMFC5) sponsored by Centre for Economic Policy Research (CEPR) on “Understanding Exchange Rate Dynamics” in Seoul on 3-4 April 2020 in collaboration with Keio University and the Hong Kong University of Science and Technology.
Exchange rates movements are again attracting a lot of attention as a focal point in the policy debate. Prolonged recession following the global financial crisis pushed most advanced economies into liquidity traps, and domestic monetary policies have remained significantly limited. The exchange rate offers an alternative option for boosting aggregate demand. However, the exchange rate channel may have global repercussions through spillover effects on international goods and financial markets. In particular, emerging market policymakers have raised warnings about excessive exchange rate movements arising from advanced economy stimulus. This conference hopes to bring together new empirical and theoretical research on all aspects of exchange rates, their role in domestic macroeconomic policy as well as the global trade and financial system. Possible topics include, but are not limited to
Exchange rates as a tool of macro policy
Optimal monetary and macroprudential policies in open economies
Exchange rate determination after the global financial crisis
The usefulness of flexible exchange rates in a global financial system
Real versus financial determination of exchange rates
Exchange rates and competitiveness
Exchange rate effects of financial frictions and unconventional monetary policy
Those interested in participating are invited to submit papers to BK21conference@korea.ac.kr. The submission deadline is January 10th, 2020. Authors of accepted papers will be notified by January 20th, 2020.
The conference will arrange accommodation in Seoul for presenters. The conference has a limited budget for reimbursing economy-class airfare of up to 1,500 U.S. dollars and paying for lodging to all foreign participants. When submitting the paper, please indicate whether you require financial support. Attendance is by invitation only.
The conference organizers are grateful for support from the Korea University BK21 program and CEPR.
Philippe Bacchetta (University of Lausanne and CEPR)
“Puzzling Exchange Rate Dynamics and Delayed Portfolio Adjustment”
David Cook (HKUST)
Michael Devereux (University of British Columbia and CEPR)
Ippei Fujiwara (Keio University and ANU)
Jinill Kim (Korea University)
Kwanho Shin (Korea University)
Please address any queries to the committee by emailing at BK21conference@korea.ac.kr and see https://mailchi.mp/cepr/cfp-understanding-exchange-rate-dynamics-3-4-april-2020-seoul for updated information about this call for papers.