We are delighted to announce The 2023 International Conference on Sustainability, Environment, and Social Transition in Economics and Finance (SESTEF 2023). The conference, jointly organized by University of Southampton Business School (University of Southampton, UK), Audencia Business School,...

The abrupt end of the low-interest-rate period together with the rise in inflation and the disruptions caused by Russia’s war of aggression against Ukraine fundamentally change the business environment for financial intermediaries. Technological advances and new climate-related risks also put...

Im März 2023 kommt es in den USA zum größten Bankenkollaps seit der Finanzkrise von 2008. Steigende Inflationsraten, verursacht durch die hohen Energiepreise infolge des Ukraine-Kriegs, und anhaltende Lieferkettenprobleme zwingen die US-Notenbank zu dramatischen Leitzinserhöhungen. Daraufhin...

The anticipation of a future bailout of distressed firms worsens ex ante adverse selection, causing a market freeze at present and inviting government intervention ("bailout trap"). When firms of heterogenous qualities raise financing, high-quality firms are willing to bear adverse selection...

We invite submissions addressing notably the following issues: economic and financial adjustments; economic imbalances; country issues; challenges to monetary policy and fiscal policies.

The ECB Forum on Central Banking brings together central bank governors, academics, financial market representatives, journalists and others to exchange views on current policy issues and discuss the Forum’s key topic from a longer-term perspective.

The conference brings together academics and practitioners with interests in financial decision-making and provides a forum for presenting new research and discussing current issues in financial management and related topics. Doctoral Student Consortium on Wednesday, 7 June 2023.

Firms must transform production processes towards sustainable technologies in response to climate change and the emergence of policies aiming to curb carbon emissions. The energy shock due to the war in Ukraine renders this transformation not only important, but also urgent. All this requires...