The Nobel Symposium on "Money and Banking" brought together the very top experts on macroeconomics and finance to discuss their research on money and banking and the field's impact on academic economics as well as regulation and policy. The conference was organized by the Prize Committee for the Sveriges Riksbank Prize in Economic Sciences in the Memory of Alfred Nobel, in cooperation with the Swedish House of Finance (SHoF) and took place in Stockholm from May 26 to May 28th, 2018.
Talks at the conference centered around financial crises, both past and future. The conference program, presentations and videos can be found here. JRCPPF affiliated faculty were well represented at the conference:
- Atif Mian, presented joint work with Amir Sufi (Chicago) on "The Credit-Driven Household Demand Channel," which the authors show is important to understand the business cycle. Watch the video
- Nobu Kiyotaki, presented joint work with John Moore (Edingburg) on "Inside Money and Liquidity," which addresses the questions of how liquidity creation arises, why inside money is essential for the smooth running of the economy and how financial deepening interacts with economic development. Watch the video
- Markus Brunnermeier, was a commentator in the session entitled "Leverage and Cycles." Watch the video