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

Date
22 - 23 June 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

Submission Email: postbrexitfinance@contacts.bham.ac.uk 
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: 22 and 23 June 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


View a PDF version of our Call for Papers here

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. His main research interests are developing the links between finance and macroeconomics in general equilibrium models. He has authored a book on Developments in Macro-Finance Yield Curve Modelling (Cambridge University Press) and a number of papers related to the impact of quantitative easing on financial market prices. Professor Chadha currently serves as Director of the National Institute of Economic and Social Research (NIESR). Previously he was Professor of Economics at the University of Kent and also at Cambridge University. He was 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 and 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.

Twitter: @jagjit_chadha

Jagjit Chadha

Professor Costas Milas

Liverpool Management School

Costas Milas is Professor of Finance at the Management School, University of Liverpool. He holds an MSc and a PhD degree from the University of Warwick. He researches on monetary policy behaviour and credit rating decisions in the UK, the US and Eurozone economies. The focus of his current work is on the trade-off between government intervention policies to control the Covid-19 pandemic and economic support measures. He has published more than 50 articles in refereed journals. His work has been quoted by The Financial Times, The Wall Street Journal, The Guardian, The Sunday Times and The Times among others. He has written opinion pieces for Newsweek, The Conversation, and The London School of Economics British Politics and Policy blog. 
Costas Milas

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