2015 Financial Stability Conference - Financial Stability: Policy Analysis and Data Needs

Call for Papers
2015 Financial Stability Conference
“Financial Stability: Policy Analysis and Data Needs”
Organized by the Federal Reserve Bank of Cleveland and the Office of Financial Research

The Federal Reserve Bank of Cleveland and the Office of Financial Research invited the submission of research and policy-oriented papers for the 2015 Financial Stability Conference held on December 3-4, 2015, in Washington, D.C. The objectives of this conference were to highlight research and advance the dialogue on data requirements for macroprudential policy development and implementation, and to disseminate recent advances in systemic risk measurement and forecasting tools.

Conference Format

To develop these themes, the conference brought together academics, policymakers, and market participants to discuss macroprudential policy development and implementation; tools that measure vulnerabilities in the financial system and identify potential threats to financial stability; and the measurement challenges involved in the implementation of Dodd-Frank regulations. There were two types of discussion:

  • Research Forums These forums followed the format of an academic workshop and included sessions to discuss submitted papers.

  • Policy Discussions These discussions included keynote addresses and panel discussions in which speakers and panelists from industry, regulatory agencies, and academia shared their insights on the progress made to measure vulnerabilities in the financial system and to identify potential threats to financial stability.

Topics

We welcomed submissions of research on topics related to financial stability, systemic risk, and related public policy. Key conference themes included:

  • Macroprudential policy analysis:
    • The balance of regulation, supervision, and market discipline
    • Network analysis
    • Agent-based models
    • Stress testing
    • Tools and techniques for financial stability monitoring
    • Cross-border macroprudential policy coordination
  • Data measurement and gaps:
    • Universal transaction and product identifiers
    • Data standardization and quality assurance
    • Techniques for sharing confidential information
    • Integrating bank and nonbank supervisory collections
    • Data and measurement challenges in trading activity
  • Systemic risks in nonbank financial firms:
    • Central counterparties
    • Insurers
    • Asset management
    • Broker dealers
    • And other nonbank entities

Paper Submission Procedure

The deadline for submissions was September 30, 2015.

Special Journal Issue

Papers selected for the conference were eligible for consideration—at the author’s option—in a special issue of the Journal of Financial Stability. Papers submitted to the special issue underwent the normal refereeing process. The post-conference deadline for submission to the Journal of Financial Stability was January 30, 2016. The details of the submission process were announced at the time of the conference.