The outbreak of the Covid-19 pandemic sparked unprecedented aggregate demand and supply shocks across the globe. The international economic system experienced serious setbacks in investment and employment due to lockdowns and stalling trade. In response, a plethora of fiscal support measures for both households and firms and monetary stimulus policies have been launched to combat the economic fallout. We are keen to better understand the role of financial systems to channel these policies, whether financial intermediaries amplify or mitigate real economic shocks, and how agents in the financial system can ensure effective and efficient investment allocation over time. This perspective is key given long-term technology transformation in response to climate change and the digitalisation of labour. This conference seeks to enhance our understanding of how to facilitate a sustainable allocation of economic resources in a post-lockdown world.
The Competitiveness Research Network (CompNet), the European Bank for Reconstruction and Development (EBRD) and the Finance department at the Leibniz Institute for Economic Research (IWH), invite submission for the 2nd FINPRO conference on the intersection of the two research fields of financial economics and productivity research. In line with our mission to connect researchers and (micro) data providers from both the realm of policy making and academia, we seek to attract papers of the highest academic quality that include, but are not limited to the following topics:
- Propagation of financial shocks
- Technology transformation in a locked-down world
- Covid-19 & digitalisation of the workplace
- Green technologies in a post-pandemic world
- Government involvement and investment allocation
- Fiscal emergency measures and the cleansing effects of recessions
- Financial stability and productivity growth
We welcome both empirical and theoretical contributions. Whereas we are particularly interested in studies that utilise CompNet data, this feature is not a prerequisite.
The pandemic situation permitting, the IWH will host the 2nd FINPRO conference as an in-presence event to take place at the German Academy of Sciences Leopoldina in Halle (Saale) on December 2/3, 2021. A limited budget to offer travel re-imbursement according to CEPR rules is available upon request. There will also be a conference dinner upon invitation.
Papers should be submitted to FINPRO@iwh-halle.de by August 15, 2021. Decisions will be mailed to authors by September 15, 2021. We aim for a high-quality workshop with ample time dedicated to a selected set of around 10 papers that are discussed by an expert in the field.
The keynotes will be given by Prof. Thomas Philippon (Stern School of Business, New York University)
- Program committee: Filippo di Mauro (CompNet), Çağatay Bircan (EBRD), Michael Koetter (IWH)
- Local organization: Anna Spengler and Birgit Sedlick
Contact: Olga Lucas