About the event
Interventions in corporate credit markets have become an important part of the policy toolkit used in response to severe shocks that affect the corporate sector (e.g., GFC, COVID-19 pandemic). They are also increasingly used as monetary policy tools in their own right (e.g., the Bank of England’s Corporate Bond Purchase Scheme and Term Funding Scheme with additional incentives for SMEs). These interventions have implications that are relevant both for the conduct of monetary policy and for financial stability.
The Bank of England invites submissions for a Workshop on Credit Market Interventions, aiming to bring together researchers and policymakers working on this topic. Topics of interest include (but are not limited to):
- Loan Guarantees and Funding Schemes
- Forbearance and Debt Relief
- Corporate and Sovereign Bond Purchasing Programmes
- Liquidity Injection Policies
Presentations will be followed by a policy panel discussion with senior academics and policymakers.
Submissions
Full manuscripts in PDF format should be submitted to CreditInterventionsConference@bankofengland.co.uk.
The submission deadline is 31 January 2025. Please note in your submission whether you are willing to act as a discussant. Also, please clearly indicate the name of the presenter.
The authors of accepted papers will be notified by early March 2025. Notifications will only be sent to the authors of accepted papers.
The organisers welcome submissions of papers by scholars who are early in their careers, and who are from under-represented groups.
Travel and accommodation
Travel and accommodation expenses of academic participants (speakers/discussants) will be covered according to CEPR guidelines. Participants from policy institutions are expected to cover their own travel and accommodation.
The workshop will be held in-person on 12 May 2025 at the Bank of England, 20 Moorgate, London EC2R 6DA.
Organising Committee: Filippo Busetto, Sudipto Karmakar, Felipe Netto, Isabelle Roland, Phillip Schnattinger
Call for papers