Monetary policies worldwide are currently facing a number of challenges, including how to deal with the low level of nominal and real interest rates, how to deal with a persistent undershooting of inflation targets, how to align inflation expectations with the inflation target, how to deal with...

Low interest rates mechanically offer more policy room and consensus is that governments should make full use hereof to combat the headwinds from the Covid-19 crisis; even in those countries with already high debt levels. A lively debate is already emerging as to whether, this time, higher...

Programme: - Part A: 25 years of Austria’s EU membership; - Part B: 25 years of EU Northern Enlargement; - Session 1: Global historical context and EU impact on economic performance; - Session 2: Monetary and financial integration; - Session 3: EU membership and economic governance.

Conference Program: Session 1: Financial disintermediation and the role of monetary policy and financial regulation, Session 2: FinTech and the future of the banking sector, Policy panel on Capital Markets Union. Participation in this conference is open to all SUERF Members: Personal Members and...

The recent financial crisis has given a serious blow to the doctrine of market efficiency. At the same time the need has arisen to better understand liquidity which evaporated in the midst of the crisis. How are liquidity and market efficiency related? It has been argued that liquidity in stock...

In reply to the financial crisis, "Great Recession" and sovereign debt crisis, many central banks have pursued ultra-easy and far reaching unconventional monetary policies for several years. Yields on various bond calsses - including euro area sovereign bond yields since the sovereign debt...

A short workshop is being held in Vienna on the morning of 11 December 2014 in Vienna to tie in with the 2nd SUERF/UniCredit & Universities Foundation Research Prize on the subject of "Reregulation of the financial sector – economic consequences, costs and benefits". The workshop will feature...

Since 2005, property prices all over the world have been extremely volatile. Price increases and decreases have resulted in capital gains and losses for investors and fluctuating consumption possibilities of households. Trends in property markets affect financial stability, earnings and risks of...

The regulatory response to any crisis tends to set the parameters for the next crisis and the aim of this full day conference is to focus on where the next pressure points for financial stability might arise and how the industry and the regulators can prepare for them. The recent Bank of England...

Preliminary Programme: Keynote Session Keynote 1: Contagion and Spillovers – the Recent European Experience and the Way Forward Keynote 2: Elections as Confidence Multipliers in Emerging Democracies Session 1: Real Economy Channels of Crisis Transmission Session 2: Financial Sector...