Economic integration between real and financial markets, and the flow of information regarding them, have grown spectacularly over the past decade. The “globalization” of the world’s markets may have affected the way in which international monetary and financial variables interact, and the transmission of shocks between the main world economies.
A growing body of evidence suggests that finance matters for economic growth. Less clear, however, are the mechanisms through which this effect occurs, as well as the other dimensions of an economic system that might be affected by financial development.
At a deeper level of economic analysis, however, many aspects of these topics are not yet understood. The purpose of this conference is to identify whether something fundamental has changed in the way the main economic and financial variables interact across the world economy.
Organizing committee
Francesco Lippi (Banca d'Italia and CEPR), Salvatore Rossi (Banca d'Italia), Fabiano Schivardi (Banca d'Italia), Raman Uppal (London Business School and CEPR) and Luigi Zingales (University of Chicago and CEPR)
