Submission deadline: 6 October 2019

Call for Papers

Ninth workshop on exchange rates

European Central Bank, Frankfurt am Main, 19 December 2019

The European Central Bank will host the ninth workshop on exchange rates on 19 December 2019, jointly organised with the Banca d’Italia. In line with previous editions, this workshop aims to provide a forum for economists to discuss innovative research on analytical and policy issues relating to exchange rates. Economists working in central banks, academia and the private sector are welcome to participate and submit a paper.

Arvind Krishnamurthy (Stanford University) will give a keynote lecture.

We welcome submissions that are theoretical or empirical in nature. Relevant topics include, but are not limited to:

  • the transmission of monetary policy to exchange rates
  • extracting signals from exchange rates to inform monetary policy
  • exchange rate pass-through and the role of dominant currency pricing
  • currency wars and the global impact of exchange rate interventions
  • exchange rate risk premia and their drivers
  • global linkages between capital flows, foreign exchange rates and risk appetite
  • the role of the convenience yield channel for global exchange rate and financial market development
  • the international use of currencies and its implications for exchange rates
  • digital currencies and their implications for the global monetary and financial system

Submission of papers

Interested authors should submit their papers by email to by 6 October 2019. Papers may be submitted as drafts or extended abstracts, although final or nearly final versions may be preferred given the small number of papers we will be able to accept. Authors of accepted papers will be notified by late October.


Registration will be free of charge. Note, however, that all participants will be expected to cover their own travel and accommodation expenses.

Note that there is limited space for participants, so registration is not guaranteed.

There will be a dinner on 18 December for presenters and discussants and a lunch on 19 December for all participants.

Organising committee

  • Alessio Anzuini (Banca d’Italia)
  • Johannes Gräb (ECB)
  • Arnaud Mehl (ECB)