28 - 28 October 2020 / Online /

We are happy to announce the next paper for the CEPR Virtual IO Seminar (VIOS) series on Wednesday 28th October at 16:00 CET. Nicola Pavanini (Tilburg University and CEPR) will be presenting his work "The Impact of Alternative Forms of Bank Consolidation on Credit Supply and Financial Stability" (joint with Sergio Mayordomo and Emanuele Tarantino). The paper may be downloaded from the VIOS website at Also listed there are our upcoming speakers, seminar rules, and more.

The seminar will be held on Zoom and you are required to register in advance here:

After registering, you will receive a confirmation email containing information about joining the seminar.

If you have any questions, please do not hesitate to contact us at [email protected]

29 - 30 October 2020 / Online /

The production of most goods is increasingly organised along global value chains, in which different stages of the production process are fragmented across countries. The CEPR Research Network on Global Value Chains, Trade and Development was established by CEPR and the World Bank to stimulate debate on the important and timely questions raised by the emergence of global value chains.
After the first four events held in the North America (Washington, DC), Europe (Geneva), Asia (Singapore), and Latin America (Santiago de Chile), this conference will take place in online on  29-30 October 2020 and will focus on “Trade Agreements and Supply Chains.”
The conference organisers, Paola Conconi (Director of the CEPR Research Network on Global Value Chains, Trade and Development, Professor of Economics at ULB), Mathieu Parenti (Professor of Economics at ULB and CEPR) and Gonzague Vannoorenberghe (Professor of Economics at UCLouvain) invite you to attend this conference. It will be funded by the European Research Council (ERC) under the European Union’s Horizon 2020 research and innovation programme (Advanced ERC Grant No. 834253 of Paola Conconi) and by the Fund for Scientific Research (FNRS Grant PDR/GTO T.0180.19 of Mathieu Parenti and Gonzague Vannoorenberghe).
Keynote speakers:

Ralph Ossa                                                        Robert Staiger
University of Zurich and CEPR                           Dartmouth College

30 - 30 October 2020 / Webinar / AIIB / CEPR / LSE / OECD

You are cordially invited to "The Global Commons Room" - an AIIB/CEPR/LSE/OECD webinar on:

Making Global Finance Work for All - Reforming the Global Development Architecture

Join us on Friday 30 October 2020
13:00 - 14:30 (GMT, London), 14:00 - 15:30 (CET)
21:00 - 22:30 (Beijing and Singapore time)

Two years ago, the G20 Eminent Persons Group on Global Financial Governance (EPG) presented its report "Making Global Finance Work for All". One of the central tenets of this report was that the multilateral development finance system with the global and regional development banks and the financial stability system with the IMF and various regional arrangements must become more coherent. The Sustainable Development Goals must not be achieved at the expense of financial stability. COVID-19 is now seriously stress testing the current architecture with countries losing decades of achievements in improved incomes at the same time as liquidity needs are turning into solvency issues in the global financial system.

Coinciding with the launch of the 2020 OECD Multilateral Development Finance report, international financial institutions and think tanks are organising a series of virtual events to discuss the role played by multilateral organisations in the Covid-19 crisis, as well as the challenges and potential reforms of the multilateral development system. This panel will take stock of what has happened to the reform agenda laid out in the EPG Report in 2018. What has COVID-19 taught us about the capacity of the global system to respond as a whole and what can be done to make the global system act more forcefully in the current crisis and be more resilient in the face of future shocks? This year?s edition of the OECD?s Multilateral Development Finance Report (MDFR) makes the case that ?building back better? also means improving the existing multilateral aid architecture.


  • Jin Liqun, President, Asian Infrastructure Investment Bank (AIIB)
  • Arvind Subramanian, Professor, Ashoka University; former Chief Economic Adviser to the Government of India; non-resident Senior Fellow, PIIE
  • Tharman Shanmugaratnam, Senior Minister, Singapore
  • Ksenia Yudaeva, Deputy Governor, National Bank of Russia (tbc)


  • Erik Berglof, Chief Economist, Asian Infrastructure Investment Bank (AIIB); Professor (on leave), LSE School of Public Policy and Fellow, CEPR

Register online

4 - 5 November 2020 / Brussels, Belgium / European Capital Markets Institute

ECMI and CEPS are calling for submission of research papers in the area of capital markets and their role in overcoming the COVID-19 crisis. The author(s) of the best paper will receive a €5,000 prize and the opportunity to present the findings at the 2020 ECMI Annual Conference, 4-5 November.

Research papers should cover, but are not limited to, one or more of the following topics:

- Impact of COVID-19 crisis on capital markets, in particular the role of market financing in the aftermath of the crisis
- Capital Markets Union as driver of economic recovery and resilience (financing of small, young and innovative companies)
- Operational resilience of market infrastructures (e.g. trade repositories, central counterparties)
- Impact of monetary policies on capital markets, in particular the asset purchase programmes
- Corporate bonds markets (pricing, trading and efficiency)
- Sovereign debt markets (issuance, liquidity provisions, transaction costs, price formation)
- MiFID II (e.g. transparency, liquidity, research coverage, data)
- Asset allocation by retail and institutional investors
- Sustainable Finance (e.g. ESG investment flows and performance)
- Impact of Brexit on European capital markets (e.g. costs of fragmentation, loss of liquidity, equivalence regime)

Submission deadline: 20th of September.

9 November - 14 December 2020 / Online / CEPR, the Graduate Institute Geneva, GSEM, UNCTAD and the World Trade Organization.

Join us for the Fall 2020 series:

Online Geneva Trade and Development Workshop

Mondays, 10AM (ET), 3PM (GMT), 4PM (CET)

The GTDW is an established regular trade and development seminar series organized jointly by the Geneva School of Economics and Management of the University of Geneva (GSEM), the Graduate Institute in Geneva (IHEID), the United Nations Conference on Trade and Development (UNCTAD) and the World Trade Organization (WTO). After twelve years of running as an on-site seminar, the online edition of GTDW is co-organized with the Centre for Economic Policy Research (CEPR). Visit GTDW's website for further information:


Julia Cajal-Grossi (IHEID)
Monika Mrázová (GSEM and CEPR)
Frédéric Robert-Nicoud (GSEM and CEPR)


Each meeting will take place on a Monday at 10.00 AM (ET) / 3.00 PM (GMT) / 4.00 PM (CET) and last for 1 hour and 15 minutes.

The line-up of speakers is as follows:

  • 5th Oct: Nina Pavcnik (Dartmouth College and CEPR)
  • 12th Oct: Pol Antràs (Harvard University and CEPR)
  • 26th Oct: Beata Smarzynska Javorcik (EBRD and CEPR)
  • 9th Nov: David Atkin (MIT and CEPR)
  • 30th Nov: Mary Amiti (NY Fed and CEPR)
  • 7th December: Laura Alfaro (Harvard University and CEPR)
  • 14th Dec: Dave Donaldson (MIT and CEPR)

The seminar will consist of a 60 minute presentation, followed by 15 minutes of open discussion. During the presentation, the audience will be automatically muted and may submit questions using the Q&A facility. The hosts will collect a few questions of general interest and relay them to the speaker at intervals, ensuring the flow of the seminar. The last 15 minutes of the event will be reserved for an open discussion, where participants may raise their hand to ask questions live, directly to the speaker.

The events will be live-streamed on YouTube and will be available in real time on GTDW's webpage ( Video recordings of past seminars will be held in a repository on Please note that you may be recorded if you ask a question live during the Q&A.

Abuse of the seminar will not be tolerated.

Register online

9 - 9 November 2020 / Online /

The CEPR International Virtual Organization Economics Seminars (CIVOE-Seminars) is aimed at drawing together organizational economics and personnel economics speakers during this time when our university and NBER conferences are occurring less frequently. We are also taking the opportunity to make this a truly international collection of colleagues and speakers.  We will meet via a webinar monthly on Mondays at 6pm CET. Further details about CIVOE can be found here:

Please note that our seventh CIVOE seminar will now be taking place on Monday 9 November 2020 at 6pm CET / 5pm London / 12pm East Coast / 11am Chicago / 9am West Coast.  Please remember to update your diary with the new date for this seminar. Our speaker will be Ernst Fehr (University of Zurich and CEPR) presenting on “The Dynamics of Norm Formation and Norm Decay” with Ivo Schurtenberger. 

Title: The Dynamics of Norm Formation and Norm Decay

Authors: Ernst Fehr & Ivo Schurtenberger, University of Zurich

Extended Abstract: Social norms are a ubiquitous feature of social life and appear to pervade almost every aspect of human social interaction. They are commonly known standards of behavior that are based on widely shared views of how individual group members ought to behave. However, despite their omnipresence fundamental questions related to social norms lack convincing answers: How and when do normative standards of behavior emerge? How are they maintained and when do they decay? Do social norms activate intrinsic motivations to comply with them and are these motivations sufficient to ensure compliance? Do norms exert an independent causal effect on behavior or are they simply an epiphenomenon of the web of prevailing incentives and institutions? Do norm violations undermine or change the normative standard and the extent to which it is widely shared? Do normative standards also affect their own enforcement? Do they affect the behavioral responses to norm enforcement behaviors?

Progress in answering these questions has been severely retarded by a lack of directly observable “high-frequency” measures of normative behavioral standards that assume the properties of social norms. Here, we develop and validate such a measure in the context of an experimental collective action problemand show how it helps to answer the above mentioned questions. We show, in particular, that widely shared normative standards do trigger compliance motives and increase participation in normatively required collective action. However, the strength and nature of the compliance motives are insufficient to ensure maintenance of social norms. In fact, in the absence of explicit opportunities for sanctioning norm violators, norms eventually lose any behavioral drawing power: initial norm violations are not sanctioned and are associated with (i) further increases in norm violations, (ii) a steady decay in the normative standard and (iii) a break-down of the normative consensus.

The provision of voluntary sanctioning opportunities, however, not only blocks all three above mentioned processes but also causes an increase in the normative consensus and leads to the stable maintenance of a social norm. Finally, we vary the opportunity for the formation of social norms exogenously and document that – when peer sanctioning is possible – social norms exert a causal impact by increasing the overall participation in collective action while simultaneously reducing the sanctioning of those who don’t participate. In other words, social norms render the establishment and enforcement of collective action more efficient.

Further Reading:
Behavioral Foundations of Corporate Culture is a popular piece written by Ernst Fehr (University of Zurich) that applies the ideas to the organizational context and to the problem of creating a cooperative corporate culture.

Please register your interest by using this link: After registering, you will receive a confirmation email about joining the webinar. You will only need to register once and can use the same Zoom joining details to join the remaining 2 seminars for the fall semester.

Please feel free to forward this email to anyone you think may be interested.

To get in touch with us, suggest a speaker, or any other questions, please email us at civoesemina[email protected]. Or to join the CIVOE mailing list please click here.

10 November 2020 - 8 June 2021 / Online seminar / CEPR

Monthly online seminars on Tuesdays, starting in September 2020,
8 AM New York, 1 PM London, 2 PM Milan/Paris/Frankfurt, 8 PM Singapore/Shanghai

We are delighted to announce that the CEPR Network on Financial Economics is launching a virtual seminar series at the start of the academic year.

The CEPR Advanced Forum for Financial Economics (CAFFE) will be organized by Laurent Calvet, Kim Peijnenburg, and Raman Uppal from EDHEC Business School. Its objective is to make cutting-edge finance research available to researchers based in Europe and around the world.

There will be one seminar each month covering all topics in Financial Economics. The seminar is open to all participants but special emphasis will be placed on European-based researchers working on novel issues such as the financial implications of Covid-19. We view this seminar series as a joint venture of all researchers in Financial Economics and we very much look forward to your wholehearted and enthusiastic support.

Each seminar will run for 75 minutes, with 40 minutes allocated to the speaker, 20 minutes to a discussant, and 15 minutes for questions from the audience. The seminar starts just after lunch at 2PM CET (1PM London time), so have your caffè during CAFFE!

The confirmed speakers for the CAFFE seminar series are:

8 September 2020: Pierre Collin-Dufresne (EPFL and CEPR)

13 October 2020: Victoria Vanasco (CREI and CEPR)

10 November 2020: Lorenzo Bretscher (London Business School)

8 December 2020: Ester Faia (Goethe University Frankfurt and CEPR)

12 January 2021: Nicola Gennaioli (Bocconi University and CEPR)

9 February 2021: Marieke Bos (Stockholm School of Economics)

9 March 2021: Savitar Sundaresan (imperial College and CEPR)

6 April 2021: Irina Zviadadze (Stockholm School of Economics and CEPR)

11 May 2021: Vikrant Vig (London Business School)

8 June 2021: Mariassunta Giannetti (Stockholm School of Economics and CEPR)

19 - 19 November 2020 / Online /

The third conference on “Globalization, Technology and Firms: Labor Market Outcomes” focuses this year on the roles of globalisation, technology and labour market regulation on growth and labour market outcomes. Most economic activity in advanced economies is organised within and between firms. Therefore, changes in types of firms, their internal organisation and in firms’ market and employment shares over time are important factors that drive structural change and changes in the labour income distribution. The objective of the webinar is to discuss recent contributions to the understanding of the rapid structural change experienced by most advanced economies recently.

This conference will take place online, to view the programme, please click on Register in advance for this webinar by clicking on After registering, you will receive a confirmation email containing information about joining the webinar.

9 - 10 December 2020 / Online / Cornell University

We will be running a two-day conference on empirical management, focused on recent
empirical research on measuring and exploring management and organizational
practices. We are seeking applied and empirical research papers in both the private andthe public sector. This format follows Empirical Management Conferences at Harvard in 2014, at Stanford in 2015, at MIT in 2016, at the World Bank in 2017, and at Harvard in 2018, and the World Bank in 2019.

The 2020 conference will be hosted virtually by Cornell Dyson, on December 9-10, 2020 (11:00am – 2:00pm EST).

Submissions are due by October 15, 2020 at 11:59 p.m. EST.

Accepted papers will be notified by November 15, 2020.

Papers will be submitted via the WMS website portal at:

If you are interested in attending, please register here:

We will also be facilitating a “matched coffee time” between PhD students, junior and senior faculty. Please register your interest in being matched and your status when registering.

Questions? Please e-mail Thomaz Teodorovicz at [email protected] or visit our website at

Scientific committee:
Nick Bloom (Stanford University)
Renata Lemos (World Bank)
Raffaella Sadun (Harvard Business School)
Daniela Scur (Cornell University)
John Van Reenen (LSE and MIT)

10 - 11 December 2020 / Online /

Young Scholars Conference 2020 - Call for Papers

The Private Enterprise Development in Low-Income Countries (PEDL) programme pursues a research agenda that aims to better understand what determines the strength of market forces driving efficiency in low-income countries (LICs).

The PEDL programme will be hosting a two-day virtual conference focused on PhD candidates and young scholars. Presenters should be no more than three years out of their PhD. The conference is open to any paper on firms in lower-income countries, though we particularly encourage submissions from PEDL-funded projects.

To submit your application, please upload your completed paper to the CEPR Portal here by October 30, 2020 23:59 GMT.

On the Portal, you will need to create an account here to submit an application. Once logged in, you can find the PEDL Conference 2020 page here. To upload your completed paper, check the box where it asks “Would you like to submit a paper?” and a new option will appear to upload your document.

We aim to inform accepted applicants by mid-November 2020. Any queries about the event or application process can be sent to [email protected].

The Young Scholars Conference will overlap with the PEDL Young Scholars Matchmaking Workshop 2020. An application to present at the Conference does not preclude an application to the Young Scholars Workshop 2020 or vice versa.

Morgan Hardy, NYU Abu Dhabi

Christian Meyer, University of Oxford

Chris Woodruff, University of Oxford, PEDL and CEPR

12 - 12 February 2021 / Rotterdam/Online / Erasmus University Rotterdam, Tilburg University and the University of Amsterdam

This is the first edition of an annual conference series on the Political Economy of Finance. Three leading Dutch universities – Erasmus University Rotterdam, Tilburg University, and the University of Amsterdam – will host the annual event in order to build a European platform for researchers in this highly topical area, usually treated separately in economics and finance. For its first edition, the conference will be dedicated to exploring the intersections between political economy and central banking.

The academic program will consist of six papers and each paper will be allocated two discussants. The first edition of this conference series will also feature a keynote lecture by Francesco Trebbi (Berkeley Haas and CEPR).

The organising committee invites submissions of theoretical and empirical papers on the following topics (the list is non-exhaustive):

• Political institutions and power and the design of banking and monetary unions

• Private interests in banking regulation, supervision, and resolution

• Political independence and the conduct of monetary and financial policies

• Central bank’s mandate in a constitutional democracy

• Political economy considerations of central banks’ economic stimulus programs after a pandemic

• Politics of bailouts, bail-ins, and state aid control in a (partial) banking union

• Political pressures and regulatory capture in a dual national-supranational supervisory architecture

• The economic and political consequences of central bank capture

• Lobbyists, technocrats, and central bankers

• Political economy aspects of a central bank digital currency

Organising committee:

• Thomas Lambert (Erasmus University Rotterdam)

• Enrico Perotti (University of Amsterdam and CEPR)

• Magdalena Rola-Janicka (Tilburg University)

Programme committee:

• Dana Foarta (Stanford GSB)

• Hans Gersbach (ETH Zurich and CEPR)

• Deniz Igan (International Monetary Fund)

• Frederic Malherbe (University College London and CEPR)

• Kris James Mitchener (Santa Clara University and CEPR)

• Enrico Perotti (University of Amsterdam and CEPR)

• Alessandro Riboni (Ecole Polytechnique and CEPR)

• Martin Schmalz (University of Oxford and CEPR)

• Vikrant Vig (London Business School and CEPR)

• Paolo Volpin (City University London and CEPR)

Submission procedure:

To submit a paper please visit the The deadline for submission is 6pm (GMT), Sunday 15 November 2020.

If you have any difficulties registering for this meeting, please contact Mandy Chan at [email protected] for assistance (with subject header “CEPR Conference The Politics of Regulation and Central Banking”). There is no submission fee. The authors will be notified about the acceptance of papers by Friday 18 December 2020.

Further information:

The conference will be held at the Rotterdam School of Management, Erasmus University, in a blended format allowing for both physical and online participation. The conference is scheduled on Friday 12 February 2021 between 9:00 and 18.00 and followed by a dinner with all physical participants. Depending on sanitary constraints at the time of the meeting, the conference may be held entirely online.

There is no conference fee and there are no accommodation costs for the invited presenters, discussants and chairs, but all participants must cover their own travel costs. Accommodation costs and meals during the conference will be sponsored by the Dutch Research Council (NWO) and Erasmus Research Institute of Management (ERIM).

Information regarding the conference can be sought on the conference website and in case of questions please contact the organising committee at [email protected].

2 - 8 August 2021 / Harnack House, Berlin / Max Planck Institute for Tax Law and Public Finance

The Political Economy of Conflict and Redistribution (PolEcCon) Summer School 2021 is aimed at young researchers in the early stage of their careers as PhD students and Postdocs, notably in the fields of Economics and Political Science. The School provides research-oriented lectures by senior experts in the field of the Political Economy of Conflict and Redistribution.

Methodologically it will cover theory and experiments in the field and in the laboratory. In addition to these lectures, participants will have the opportunity to present and discuss their own research to the whole group. There will also be a panel discussion by the Summer School lecturers. Opportunities will also be available for work and discussion in informal groups that might lead to collaborative research efforts among the participants.

The working language of the Summer School is English.

Scientific Organisers:

  • Kai A. Konrad, Max Planck Institute for Tax Law and Public Finance and CEPR
  • Dan Kovenock, Economic Science Institute, Chapman University, USA
  • Ronny Razin, London School of Economics and CEPR


Local organiser: Sandra Sundt-Johannesen, MPI for Tax Law and Public Finance

Location: The PolEcCon Summer School 2021 will take place at the historical Harnack House of the Max Planck Society in Berlin, Germany.

Dates: The Summer School runs from 2-8 August 2020. Participants are expected to stay for the full duration of the meeting.

Funding and Fees: The 2021 event is generously supported by the Max Planck Institute for Tax Law and Public Finance. There is no participation fee for the Summer School. However, participants have to cover their own cost of travel and accommodation. Room capacity is reserved at the event location, but independent booking is also feasible. More information will be provided to the participants who are admitted.

Application: Your application file should include:

  • A current Curriculum Vitae in pdf format
  • A short outline of your research interests and why they might fit with the topic of the Summer School
  • Optional - a research paper you might want to present/discuss at the meeting
  • Optional - letter(s) of recommendation

To submit your application for the PolEcCon Summer School please go to Submissions are open from 1 December 2020 until 31 March 2021.

Tentative Timeline: Applicants will be notified about the admission decision by 20 April 2021. Admitted students will be asked to inform the organisers whether they would like to present a paper or a research draft. We plan to announce the program for the Summer School in early June 2021 and will also update the conference homepage continuously.

Questions: If you have questions regarding admissions or any other academic matters, please contact [email protected] with “PolEcCon2021” in the subject line. If you have questions about lodging, travel arrangement or other logistic matters, please contact [email protected] with “PolEcCon2021” in the subject line.

CORONAVIRUS (COVID-19): The health and safety of our participants are our first priority. We are closely monitoring any specific travel advisories through official channels. Before planning your travel and your actual travel to Berlin, we recommend that you stay informed of any information your local health agencies may make available and take reasonable precautions to protect yourself. We will continue to monitor all developments related to COVID-19 and following advice provided by the World Health Organization and the German Government. A possible postponement of the summer school will be announced in time to allow participants to make appropriate arrangements. But we also recommend that you make your travel arrangements in a way that allows you to react to possible changes caused by the health situation. We look forward to welcoming you to the event.

8 - 9 September 2021 / Roma Eventi, Congress Center, Pontificia Università Gregoriana Rome, Italy / European Center of Sustainable Development , CIT University

European Center of Sustainable Development in collaboration with Canadian Institute of Technology will organize the 9th ICSD 2021 International Conference on Sustainable Development, with particular focus on Environmental, Economic and Socio-Cultural Sustainability.

The Conference theme : "Creating a unified foundation for the Sustainable Development: research, practice and education".

Papers will be published in Open Access EJSD Journal (Web of Science) and Proceedings.
For further information, please see the call for papers at

The 9th ICSD 2021 will be an excellent opportunity to share your ideas and research findings relevant to the Sustainability Science, through the European network of academics.

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