Post BREXIT: Uncertainty, Risk Measurement and COVID-19 Challenges

Date
20 - 22 July 2021

Location
Online Zoom Webinar


The UK faces the simultaneous challenges of Brexit and Covid-19. Either would stretch any nation’s economy to the limit and Covid has arguably hit the UK’s economy harder than its EU neighbours’. The uncertainties surrounding these twin challenges and basic nature of any initial deal with the UK’s most important trade partner, will weigh on the country’s economy in the months and years ahead. 

Call for papers

Objectives

  1. This call is devoted to the advancement of the understanding of the entire spectrum of policy and control issues and their interactions to economic phenomena following exit from the Covid-19 crisis and from the European Union. The uncertainty over the nature of final agreements on trade will tend to lead to firms delaying investment and it’s very hard for regions to regain their internationally competitive advantage, once lost, as a result of the scarring from these events.
  2. This conference will bring together researchers from different research communities for an interdisciplinary stocktaking of the state of the art of research on the consequences of Brexit - and on the implications of the British withdrawal from the EU and devastating consequences on European integration.
  3. The organisers invite submissions from scholars working on policy and practical issues and from those having a more theoretical or normative angle. Two special issues of high quality journals will serve as a legacy to record the unprecedented events that we are facing in the field of Finance; the European Journal of Finance and Economic Modelling have contributed special issues and welcome your submissions.

Indicative research areas

  • Money markets and monetary policy
  • Coronavirus and financial crisis
  • Macroeconomic prudential policy and financial stability
  • Interest rate announcements and trading impact
  • Information asymmetry, market participation and asset prices
  • Asset markets, liquidity and macroeconomic policy
  • Regulation and financial innovation
  • Investment and trade policy
  • Regional economic investment and industrial strategy, e.g. retail and car industries
  • Costs and welfare effects of trade and free trade
  • Effect of measurement error and market structure  Index numbers and stock market volatility
  • Dynamic systems, random states of disorder and chaos theory
  • Order-book modelling and market making strategies
  • Theoretical and empirical analysis of trading activity
  • Volatility modelling, market impact and transactions costs
  • Business confidence, uncertainty and working capital costs and financial management
  • Bankruptcy and liquidity measurement
  • Corporate finance and market microstructure
  • Financial intermediation

Paper submission deadlines and dates

Conference submission deadline: 30 May 2021

Email for submission and enquiries: postbrexitfinance@contacts.bham.ac.uk 

Note: Please name the manuscript as “Last Name_First Name” of the submitting author.

Important dates

Conference submission deadline: 30 May 2021
Authors will be notified: 6 June 2021
Conference Dates: 20 - 22 July 2021
Submission deadline for revised papers for consideration in our two special issue volumes: 30 September 2021
Special issues revise and resubmit process begins: 31 October 2021
Notification for acceptance into the two special issues: 30 December 2021
Publication date in 2022

Special Issues Guest Editors

Professor Jane M. Binner, Chair of Finance, University of Birmingham, Birmingham, UK email: j.m.binner@bham.ac.uk

Professor Costas Milas, Professor of Finance, University of Liverpool, Liverpool, UK email: Costas.Milas@liverpool.ac.uk

Dr Rakesh Bissoondeeal, Senior Lecturer in Finance, Aston University, Birmingham, UK email: R.Bissoondeeal@aston.ac.uk

Professor Adrian Fleissig, Professor of Economics, California State University Fullerton, California, email: afleissig@fullerton.edu

 

Keynote Speakers

Professor David Aikman

Director of the Qatar Centre for Global Banking & Finance & Professor of Finance (Practice)

David Aikman joined King’s Business School in April 2020 as Professor of Finance and Director of the Qatar Centre for Global Banking and Finance. Previously, he spent 17 years working as an economist at the Bank of England – most recently in the role of Technical Head of Division in the Financial Stability Strategy and Risk Directorate where he led the Bank’s work on various macroprudential issues. Between 2013 and 2015, David was seconded to the Board of Governors of the Federal Reserve System in Washington DC, where he worked as an advisor in the Division of Financial Stability. In 2008, David was a Visiting Scholar at the Bank of Japan’s Institute for Monetary and Economic Studies. David has represented the Bank in various international fora, including meetings of the Financial Stability Board, the Basel Committee, and the European Systemic Risk Board. He is the author of various research papers on financial stability and macroprudential policy, and has a Ph.D. in Economics from the University of Warwick.
David Aikman

Oswald Distinguished Professor William A. Barnett

University of Kansas

William Arnold Barnett is the Oswald Distinguished Professor of Macroeconomics at the University of Kansas, Director of Advances in Monetary and Financial Measurement at the Center for Financial Stability (CFS) in New York City, and Director of the Institute for Nonlinear Dynamical Inference in Moscow. His current work is in the fields of chaos, bifurcation, and nonlinear dynamics in socioeconomic contexts, econometric modelling of consumption and production, and the study of the aggregation problem and the challenges of measurement in economics, especially in financial and monetary economics. His MIT Press book, Getting It Wrong, won the American Publisher’s Award for Professional and Scholarly Excellence, and his book with Nobel Laureate, Paul Samuelson, Inside the Economist’s Mind, has been translated into six languages. He is Founder and was First President of the Society for Economic Measurement, Founding Editor of the Cambridge University Press journal, Macroeconomic Dynamics, and of the Emerald Group Publishing monograph series, International Symposia in Economic Theory and Econometrics, and originator of the Divisia monetary aggregates and the "Barnett critique." He is a Fellow of the American Statistical Association, a Charter Fellow of the Journal of Econometrics, a Charter Fellow of the Society for Economic Measurement, a Fellow of the World Innovation Foundation, a Fellow of the TANDO international policy institute, a Fellow of the Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise, and Honorary Professor at Henan University in Kaifeng, China. Special issues of the Journal of Econometrics, Econometric Reviews, and the Journal of Financial Stability have been published in his honour. He is ranked among the top 2% of the world's economists in RePEc.
William Arnold Barnett

Professor Patrick Minford

Cardiff University

Patrick Minford is Professor of Applied Macroeconomics at Cardiff University and Research Fellow at the Centre for Economic Policy research (CEPR). He took degrees at Oxford, and the London School of Economics. He was formerly Edward Gonner Professor of Economics at the University of Liverpool and Hallsworth Fellow at Manchester University. Prior to following an academic career, he had professional positions at Ministry of Overseas Development HMG, Ministry of Finance Malawi, Courtaulds, HM Treasury, and National Institute of Economic & Social Research (NIESR, London) as Editor of the NIESR Review. He was appointed a member of Monopolies & Mergers Commission (1990-96), a member of HMT Panel of Independent Economic Forecasters (1993-96). Minford was appointed Commander of the Order of the British Empire in the 1996 New Year Honours for services to economics. He has had Visiting Positions at Katholieke Universiteit of Leuven, Humbolt University, Berlin, and University of Bonn. He is a serving, and founder member of the Institute of Economic Affairs Shadow Monetary Policy Committee. In 2016, Minford was a founder-member and co-chair of the Economists for Brexit group, which advocated the UK leaving the European Union.
Patrick Minford

Professor Jagjit S. Chadha

Director, National Institute for Economic and Social Science Research

Jagjit Chadha is an expert on financial markets and monetary policy, as well as aspects of monetary and financial history. He has written widely on the design of monetary, fiscal and financial policies and is available for comment on general issues of macroeconomics and social policy, as well as broader issues on the role of research in policy design.

His main research interests are developing the links between finance and macroeconomics in general equilibrium models and has published widely in economics journals.  He is also editor of the Cambridge University Press series on economics, Modern Macroeconomic Policymaking and an associate editor of several journals.  He has recently published a book on Developments in Macro-Finance Yield Curve Modelling by Cambridge University Press and a number of papers related to the impact of quantitative easing on financial market prices.

Jagjit is Director of the National Institute of Economic and Social Research (NIESR).  Previously he was Professor of Economics at the University of Kent and at Cambridge and Professor of Economics at the University of St Andrews and Fellow at Clare College, Cambridge. He has worked at the Bank of England on Monetary Policy, as Chief Quantitative Economist at BNP Paribas, and has served as Chair of the Money, Macro, Finance Study Group. He has acted as Specialist Adviser to the House of Commons Treasury Committee and academic adviser to both the Bank of England and HM Treasury, and to many central banks, as well as the Bank for International Settlements. In the City of London he was the Mercers’ Memorial Professor of Commerce at Gresham College from 2014-2018.  He served as a member of the ESRC Strategic Advisory network until 2021. 

In the 2021 Queen’s Birthday Honours he was awarded an OBE for his services to Economics and Economic Policy.

Twitter: @jagjit_chadha
Google Scholar: View profile

Jagjit Chadha

Professor Marcelle Chauvet

University of California Riverside

Dr. Chauvet is a professor of Economics at the University of California Riverside, Director of the International Association for Applied Econometrics, and Director of the Rimini Centre for Economic Analysis. Her research focus is on applied time series, macroeconomics and financial forecasting, and she is particularly interested in measuring and forecasting economic and financial conditions, especially recessions, recoveries, and booms. Dr. Chauvet is one of the founding members of the Brazilian Business Cycle Dating Committee. She was a senior economist and associate policy adviser at the Federal Reserve Bank of Atlanta. Dr. Chauvet has contributed articles to numerous scholarly journals.

Marcelle Chauvet

Dr Federica Romei

Hertford College, University of Oxford

Federica Romei is an Associate Professor at the University of Oxford, a Tutorial Fellow at the Hertford College and a Research Fellow at CEPR (MEF, IMF). She is a member of the panel of expert economists for the Center for Macroeconomics. In addition, she is a member of the Economic Policy Panel. Previously, she was an Assistant Professor at the Stockholm School of Economics and a Jean Monnet and Max Weber Fellow at the European University Institute. She is interested in Monetary Economics, Fiscal Policy and International Macro.
Federica Romei

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