The future of global trade and implications for monetary policy - Call for papers

This conference aims to bring together researchers, policymakers, and industry participants to discuss the future of global trade and implications for monetary policy. We welcome submissions of empirical and theoretical work on all aspects of the changing landscape of global trade (including its policy and political dimensions) and its implications for the design and conduct of monetary policy.

Keynote speakers

• Professor Marc Melitz, Harvard University
• Dr. Mary Amiti, Federal Reserve Bank of New York

The conference will include a Panel discussion.

Relevant topics include, but are not limited to:

• Macroeconomic impact from tariff and non-tariff trade barriers and policies
• Productivity and growth implications of trade barriers and fragmentation of global trade
• How trade shocks affect inflation and inflation expectation
• The risk of stagflation stemming from more frequent trade frictions and challenges for monetary policy
• Recent advances in incorporating trade or supply shocks in macro models
• Empirical evidence on the extent and effects of trade fragmentation at the macro and/or micro level
• The future of global trade: reconfiguration of global supply chains and geopolitical uncertainty, and scope for trade diversion

Submissions

Authors are invited to submit theoretical and empirical papers on the above-mentioned topics. Submissions must consist of either a full paper (preferred) or an extended abstract and should be sent in a PDF to boc-ecb-conference-2025@bank-banque-canada.ca. The submission deadline is 15 June 2025. Authors of accepted papers will be notified by 10 July 2025.

Expenses

The organisers will cover reasonable travel expenses for paper presenters. Participants from central banks and other official institutions are expected to cover their own expenses.

Organisers

• Yuko Imura, Bank of Canada
• Kun Mo, Bank of Canada

• Marie-France Paquet, Bank of Canada

• Matthieu Darracq Paries, European Central Bank
• Alistair Dieppe, European Central Bank