Welcome to the WEA conference
Monetary Policy after the Global Crisis How Important are Economic (Divisia) Monetary Aggregates for Economic Policy?
(in honour of William A. Barnett)

THIS CONFERENCE IS NOW CLOSED

Leaders

Filip Fidanoski, University of New South Wales, Sydney, Australia
James Swofford, University of South Alabama, USA

VISIT THE DISCUSSION FORUM 

Introduction

This year marks the tenth anniversary of the greatest recession after 1929-33.  The recent financial crisis has induced central banks to undertake substantial steps. These steps include quantitative easing or a renewed focus on the quantity of money in the economy.  Therefore, our main goal was to establish a good forum for confronting of the opposite views about the causes and consequences of the Great Crisis.  Specifically, some economists acknowledge the importance of proper money aggregation in preventing of the future economic slowdowns.

The aims of the conference included discussing key theoretical insights in order:

  • to provide a framework for improving monetary policy practices.
  • to review and advance knowledge on the recent financial crisis regarding the main challenges and prospects of central banking
  • to particularly survey and discuss the use of Divisia monetary aggregates and their potential role to address central bank challenges economic vulnerabilities

In sum, the conference aimed to survey and discuss the recent theoretical advances in monetary tools, goals and policies, along with the latest empirical research findings with particular emphasis on the role and relevance of Divisia monetary aggregates.  Indeed, this Conference was one of the first which, in an extensive manner, tackled the problem of monetary aggregation after the Great crisis.  The decisive questions addressed were:

  • How important are economic (Divisia) monetary aggregates for contemporary economic policy?
  • Do Divisia monetary aggregates deserve more attention from both academic scholars and policy-makers?

For queries, please contact Filip Fidanoski or James Swofford at weamonetarypolicy@gmail.com.

Guide for first time visitors

Openness and flexibility are major trends in contemporary education, research, and business, influencing the whole spectrum of institutions and corporations across the globe. Indeed, technological innovations are bringing about a paradigm shift in contemporary livelihoods. Modes of interaction are becoming more open and flexible in terms of time, space, organization, infrastructure and requirements. With this background, the World Economics Association organizes conferences which are held on-line.

WEA CONFERENCES are OPEN ACCESS. The World Economics Association strives to make its conferences accessible for all people around the world. The aim of the WEA ONLINE CONFERENCES is to enlarge the number of participants and to extend the period of discussion to provide for more developed exchanges than in typical, location-based conferences.  WEA Conferences strive to be on the forefront of innovations in communicating and discussing high-quality research.

Each WEA CONFERENCE begins with a pre-conference stage with the announcement of the call, registration and selection of papers, culminating in a Discussion Forum. The interactive format of Conferences provide an online forum for visitors and commentators. All participants will be able to send comments on specific papers, or to contribute to a general discussion on the conference theme.

Each WEA ONLINE CONFERENCE is hosted by Maria Alejandra Madi, Chair of the WEA CONFERENCES. She selects the conference themes and Leaders with the expertise in the topic, and facilitates the process of the conference organization as well as the follow-up activities. The initial format of the WEA CONFERENCES was developed by Grazia Ietto-Gillies, whose ideas have continued to guide the current WEA CONFERENCES organizing team.

For more details visit our Frequently Asked Questions page ›

Conference Sessions