The global financial and economic crisis in 2008/2009 has shown the critical importance of the financial sector for macroeconomic activity. In response, many policy makers and academic scholars have focused their attention on the link between financial markets and the real economy. Topics: -...

Topics: - Quantification of the Impact of Reform - Short- vs. Long-Term Effects of Reform - Product and Labor Market Reform - Financial Sector Reform - EU Convergence and Reforms - Reforms and the Functioning of EMU - Distributional Consequences of Reform - Timing, Sequencing, and Clustering of...

Conference Program: - Nobuhiro Kiyotaki (Princeton University) “Monetary and Financial Policy in Emerging Markets” - Gianluca Violante (New York University) “Monetary Policy According to HANK” - Martin Schneider (Stanford University) “Payment, Credit, and Asset Prices” - Shengxing...