Thought Leadership

Birmingham Cover Bank of England Conference
Financial Services Indices, Liquidity and Economic Activity
In honour of Oswald Distinguished Professor William A Barnett

May 23-24, 2017 Bank of England, London

The “Financial Services Indices, Liquidity and Economic Activity” conference, co-hosted by the Bank of England and the Financial Resilience Research Centre at the University of Birmingham, was held in honor of CFS Director and Oswald Distinguished Professor William A. Barnett. The event gathered prominent leaders from academia, business and government. CFS was honored to be a part of this select group and to recognize the seminal work that has been accomplished by Bill Barnett including Advances in Monetary and Financial Measurement.

Discussions focused on understanding and assessing the macroeconomic implications of liquidity, the liquidity creation process, and the impacts of liquidity on financial markets and economic activity.

Presentations:

Day 1: 23 May 2017

Session 1 - Liquidity and Monetary Policy - Chair David Aikman

Session 2 - Producing Liquidity and Excess Liquidity - Chair Jan Willem Van den End

Session 3 - Liquidity Creation and Macroeconomic Policy - Chair Jean-Loup Soula

Day 2: 24 May 2017

Session 4 - Financial Services Indices, Liquidity and Economic Activity - Chair Jane Binner

Session 5 - Structural Change, Volatility and Shocks - Chair Taniya Ghosh

Session 6 - Tests of Index Numbers, Separability and Price Duals - Chair Victor Valcarcel

Poster Competition

35 delegates were invited to present posters on topics ranging from the macroeconomic implications of liquidity, the liquidity creation process, and the impacts of liquidity on financial markets and economic activity. The competition was judged by all delegates. Grateful thanks are due to Andrew Haldane, Chief Economist at the Bank of England for his selection of the three prize winning posters.

1st Prize

2nd Place

3rd Place

Click on images for larger versions of the posters

Delegates

Birmingham Group