The BSE Summer Forum Workshop on Financial Shocks, Channels, and Macro Outcomes will be held in Barcelona from June 9-10, 2022.

We are regularly checking safety regulations related to the COVID-19 pandemic. If an in-person event is not possible, this workshop will be held online.

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 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, asset prices, and macro outcomes
• 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, fintech, artificial intelligence) for the allocation of credit and financial frictions

Workshop organizers

• Andrea Caggese (UPF, CREI and BSE)
• Priit Jeenas (UPF, CREI and BSE)
• Dmitry Kuvshinov (UPF and BSE)
• José-Luis Peydró (ICREA-UPF, CREI and BSE)
• Björn Richter (UPF and BSE)

Workshop program