Financial Shocks, Channels, and Macro Outcomes

The Barcelona GSE Summer Forum Workshop on Financial Shocks, Channels, and Macro Outcomes will run for 1.5 days and will take place online on June 17-18, 2021.

The goal of this workshop is to discuss recent developments on the identification of the real effects of financial frictions. We are particularly interested in applied theoretical and empirical work using micro data on the interplay between financial frictions, micro- and macroeconomic shocks and their short run and long run real effects. We encourage submissions addressing issues including (but not limited to):

  • Financial frictions, bank lending, and the real effects of the misallocation of credit.
  • Micro data (on finance and real outcomes) for macro questions.
  • Financial frictions and the effects of macroeconomic shocks and policy.
  • Credit booms, and the endogeneity of financial shocks.
  • Finance, innovation, productivity and growth.
  • Interactions between financial and labor-market frictions.
  • The short and long run real effects of financial shocks, and the effectiveness of monetary and fiscal policy responses.
  • Implications of advances in information processing (e.g. big data, artificial intelligence) for the allocation of credit and financial frictions.

Workshop organizers

Workshop program

 

Download a pdf version of this workshop's program:

Download workshop program