Nome da Revista: Journal of
Financial Stability
Classificação: A1
Dossiê Temático: Fourth
Conference on Financial Stability
Prazo: 30/06/2021
Titulação: Não informada.
Since the aftermath of the Global Financial Crisis (GFC), financial stability has become an all-important duty for regulators. In order to improve resiliency of the financial system, central banks and other financial authorities required to design and implement a series of appropriate policies and to develop some new analytical tools. These advances are known as macroprudential tools and systemic risk analytics.
Macroprudential policies rolled out after the GFC have had a real test during the recent COVID-19 health crisis. Consequently, a review of their performance, robustness and identification of new challenges during the pandemic and in the recovery phase is necessary.
Network and stress testing models have proven to be useful to better understand systemic risk. These approaches have been applied to study the transmission of shocks in the economy, to understand and detect new threats to financial stability and to design and assess policy responses to make the system more resilient. Uncertainty related to climate change and to the COVID-19 pandemic shock that hit the economy and the financial system renders those modelling approaches even more relevant to assess structural vulnerabilities in the financial system.
The conference aims to bring together policymakers and academics, as well as industry representatives, to examine structural changes in the financial system precipitated by the 2020 COVID pandemic, to assess progress in designing a safer financial system, to study intended and unintended consequences of regulation on the global financial system, and to explore recent methodological advances in measuring and controlling risk in the interconnected financial system.
Conference topics relate to environmental risk assessment to the financial system, to macroprudential policy design and implementation, and to the application of network models and stress testing for financial stability. These include (but are not limited to):
Analysis of complex interactions between epidemiological or climate change related shocks and risks and vulnerabilities in the financial system;
Network models for systemic risk measurement and monitoring;
Macroprudential policy design and evaluation, including unintended consequences of regulation in the banking system and regulatory spillovers;
Stress testing: methodological developments, especially related to the incorporation of climate shocks, to the interaction between solvency and liquidity risk, and to feedback effects with the real economy;
Interaction between monetary and financial stability policies;
Early warning systems: detection of a build-up of systemic risk, data gaps, design of vulnerability indicators, interactions between global and domestic financial cycles;
Systemic liquidity, funding and market risk for banking systems.
SUBMISSION DEADLINE: June 30, 2021.
SUBMISSIONS: We encourage submission of papers that report original work and that do not have a “revise-resubmit”, or “accepted” journal decision. Submissions may be part of a working paper series. The papers should be emailed to the following address: fsconference@cemla.org with the following subject line “Submission – Financial stability conference.”
DECISIONS: The authors will be informed of the final acceptance to the conference by July 31, 2021. The sponsors will cover accommodation for invited participants.
SPECIAL ISSUE OF THE JOURNAL OF JOURNAL OF FINANCIAL STABILITY. A special issue of the Journal of Financial Stability (JFS) will include selected papers presented at this conference. Authors whose papers are accepted for presentation at the conference are encouraged, but not bound, to submit their papers for consideration at the JFS special issue. Papers submitted for the special issue will be reviewed according to the normal JFS standards. Details regarding the journal submission process will be provided after the conference.
LOCATION. The conference will be held in Mexico City, or – if the pandemic does not allow – will be organized digitally. More details about the conference can be found at:
https://www.cemla.org/actividades/2021/conference-on-financial-stability-2021.html