Event date: 21 - 22 March 2019
Venue: University of Cambridge, Cambridge
The conference will be jointly organised by the Bank for International Settlements, the Bank of England and the Universities of Cambridge and Basel. It will be held in Cambridge (UK) on 21-22 March 2019. The event will be organised so as to promote an interactive and forward-looking discussion, and provide an open forum for policymakers and academics to define key issues and share research agendas.
The main aim of this conference is to take stock of the latest research on the economics of exchange rate adjustment. Economists and policymakers have been discussing for quite a while whether and how far the exchange rate is an effective shock absorber or a source of macroeconomic and financial instability. This discussion has been influenced by the shift in thinking about the determinants of exchange rates from trade related to financial factors, which has become more pronounced since the financial crisis of 2008/09, as well as by recent micro-economic research on exporters’ behaviour and the role of the dollar as dominant currency in trade invoicing and pricing.
Giancarlo Corsetti (University of Cambridge), Olivier Jeanne (Johns Hopkins University), Sarah Lein (University of Basel), Simon Lloyd (Bank of England), Giovanni Lombardo (BIS), Dubravko Mihaljek (BIS) and Luiz Pereira A. da Silva (BIS).
Hélène Rey, London Business School
Pierre-Olivier Gourinchas, Berkeley
Maurice Obstfeld; Berkeley