Central Banking and Financial Policy brings together policymakers, academic researchers, policy experts, students, and financial industry participants to discuss important current policy issues and looming financial developments where more research on policy choices and outcomes is needed. To date, CBFP has done that through a series of public: conferences, workshops, speeches, roundtables, and guest lectures, on topics including monetary policy, regulation and supervisory policy, macroprudential policies, and financial structure and stability issues.
Reserve Reductions, Money Markets, and Future Frameworks
The workshop provides an annual forum for new thinking and debate about central bank operating procedures and frameworks.
The New York Fed and Columbia SIPA annual Workshop on Monetary Policy Implementation is an annual event which brings together international experts in monetary policy design and implementation to brainstorm and debate the “new normal” for central banks. Plans (and execution of plans) for the normalization of monetary policy are an opportunity for central banks to step back and consider how to improve the effectiveness and efficiency of monetary policy, taking into account the lessons of the 2007-09 financial crisis and the important changes in global financial structure since then. The workshop provides an annual forum for new thinking and debate about central bank operating procedures and frameworks. Participants span academia, the financial industry, as well as current and former central bankers from around the world– to discuss the “new normal” in central bank monetary policy implementation frameworks.
Bank Research Conferences
This conference aims to improve dialogue across the major stakeholders in financial regulatory policy.
The Columbia SIPA-Bank Policy Institute Annual Bank Research Conference brings together experts from academia, regulatory agencies and the financial industry each year to discuss and debate the latest research on bank regulation and its impact on the financial system and the economy. Research papers (chosen from an open Call for Papers each year) are presented by authors and discussed by both researchers and regulatory practitioners. The aim of the conference it to improve dialogue across the major stakeholders in financial regulatory policy.
Global Liquidity and International Lender of Last Resort
This webinar will cover new and old lessons about global liquidity and international lender of last resort: effectiveness, usage and limits of swap line arrangements; the evolution of multilateral lending arrangements particularly for EMs; the IMF short-term liquidity facilities; and lessons on global liquidity risks from the COVID period.
The COVID-19 pandemic has sparked extraordinary economic policy responses by central banks, financial regulators and other financial policymakers around the world. This webinar series will be bring together current and former policymakers from central banks and regulators, as well as SIPA faculty and other scholars, to discuss the structure and impact of these changes. Which policies have been more or less effective in “cushioning the blow” of the pandemic for households and businesses? How have different economic policymakers -- fiscal, monetary, regulatory -- coordinated their policy responses either within or across countries? How has the nature of this particular crisis driven policy choices? What practical policy lessons have we learned from the experience so far? What else may need to be done on the economic policy front?
The Future of Global Finance: Populism, Technology and Regulation
A research conference on technological innovation and financial regulation sponsored by SIPA and the Imperial College Business School.
Keynote Address: Jacob Lew, Former US Secretary of Treasury
- Seventh Annual Central Banking Roundtable »
- CEBRA Annual Meeting »
- Symposium on Central Banking and Delegated Power »
- International Central Bank Coordination and Cooperation in Practice »
- The Future of Global Finance: Populism, Technology and Regulation »
- Whither Regulatory Reform? Challenges For The Future of Banking »
- Next Steps For Macroprudential Policy »
Featured Book Talk
Unelected Power: The Search for Legitimacy in Central Banking and the Regulatory State
A discussion on the role of independent central banks in modern democratic states. Spurred by Paul Tucker’s new book, the discussion explores what it means for central banks to be independent agencies, the evolution of central bank authority and state of central bank independence today.
Author: Paul Tucker, Harvard Kennedy School and Systemic Risk Council
Central Bank Independence: A Panel Discussion
A discussion of what central bank independence really means, from a practitioners perspective.
Stanley Fischer, Former Vice-Chair of the Federal Reserve and Former Governor of the Bank of Israel
Ilan Goldfajn, Former Governor of the Central Bank of Brazil
Kathryn Judge, Harvey J. Goldschmid Professor of Law, Columbia Law School
- Future of the International Monetary System: Haruhiko Kuroda and Alan Blinder
- The 3 i's- Invasion, Inflation, and Interest Rates: Dr. Andreas Dombret
- What Monetary Narrative After Forward Guidance?: Governor Francois Villeroy de Galhau
- Clyde Wu Fellows »
- Central Bank Independence: A Panel Discussion »
- Making the Physical Fiscal: Climate Change and the Financial Sector »
- The Future of Central Banking: The Role of Balance Sheets in the New Normal »
- Normal Monetary Policy in Words and Deeds »
- U.S. Economic Outlook and Implications for Monetary Policy »
- Central Bank Independence: The Case of Banque du Liban »
- Inflation Targeting & Economic Recovery in Brazil »
- Debt and Financial Stability »
- Monetary Policy Expectations and Surprises »
- Challenges for ECB Monetary Policy »
- Canada and the US: Partners in Prosperity »
- New Challenges for Central Banking: A European Perspective »
- Argentina: Graduating from Populism after One too Many Spring Breaks »
- Challenges for Monetary Policy Conduct of Emerging Market Central Banks »
- Lessons from the Financial Crisis: Are we any safer? »
- China's Rebalancing and Financial Reforms »