Financial Intermediaries, Markets, and Monetary Policy Conference
The joint FRBA-UVA Darden "Financial Intermediaries, Markets, and Monetary Policy" conference was held in person at the Federal Reserve Bank of Atlanta on April 3, 2025. The conference brought together academics and policy makers to facilitate in-depth conversations on topics that are top of mind in the central banking community. Presentations spoke to the effects of AI on the economy, the evolving nature of financial intermediation and monetary policy transmission in the United States, and modern analytical tools for central bank communications.
Conference Details
Date: April 3, 2025
Location: Federal Reserve Bank of Atlanta
1000 Peachtree Street NE
Atlanta, GA 30309
Agenda
| Time | Session |
|---|---|
| Thursday, April 3 | |
| 8:00 a.m. | Breakfast |
| 8:30 |
Welcome Mark Jensen, Federal Reserve Bank of Atlanta |
| 8:35 |
AI and Financial Markets Itay Goldstein, Wharton School |
| 9:30 | Break |
| 10:00 |
Bank Branch Density and Bank Runs Effi Benmelech, Kellogg School of Management |
| 11:00 |
Deposit Market Power, Funding Stability and Long-Term Credit Elena Loutskina, University of Virginia Darden School of Business |
| Noon | Lunch and keynote |
| 12:30 p.m. | The Economic Outlook and Central Bank Communications Philip N. Jefferson, Vice Chair, Federal Reserve Board of Governors Moderator: Paula Tkac, Research Director, Federal Reserve Bank of Atlanta |
|
Tough Talk: The Fed and the Risk Premium Michael McMahon, University of Oxford |
|
| 2:30 | Break |
| 3:00 |
Perceptions about Monetary Policy Adi Sunderam, Harvard Business School |
| 4:00 |
Collateral Heterogeneity in Debt Contracts: Implications for Monetary Policy Transmission Sebnem Kalemli-Ozcan, Brown University |
| 4:55 |
Adjournment |
| 5:00 | Reception |
Conference Organizers
Camelia Minoiu, Federal Reserve Bank of Atlanta, and Bo Sun, University of Virginia Darden School of Business