Macrofinance in the Long Run: New Insights on the Global Economy
JRCPPF Annual Conference on February 22-23, 2024
Conference program & slides: [ Ссылка ]

KEYNOTE: Dr. Ben S. Bernanke, Laureate, Nobel Laureate, co-recipient of the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel; Senior Fellow in Economic Studies, Brookings Institution
Introductions: Amaney A Jamal, Dean of the Princeton School of Public and International Affairs; Edwards S. Sanford Professor of Politics; Professor of Politics and International Affairs, Princeton University
Moderator: Atif Mian, John H. Laporte, Jr. Class of 1967 Professor of Economics, Public Policy and Finance; Director, Julis-Rabinowitz Center for Public Policy & Finance Princeton University

Since the Covid-19 pandemic, the global economy has undergone profound changes. The uneven recovery has been characterized by a resurgence of inflation concerns in advanced economies and emerging markets, coupled with rising rates and heightened uncertainty. This departure from a quarter-century era of exceptionally low interest rates, elevated debt levels, and soaring asset valuations has introduced new challenges and uncertainties. While the immediate disruptions of the pandemic are receding, there will likely be long-lasting aftereffects on how economies are structured, both domestically and globally, as monetary policy continues to be tight, trade networks realign, and global financial flows react.

Held on February 22-23, 2024, the 13th annual JRCPPF conference analyzed the significant and potentially enduring trends shaping long-run macrofinance. The conference sessions addressed several critical questions for long-run macrofinance, including the recent inflationary shocks, monetary policy responses, and global economic impacts.

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