2021 Financial Stability Conference: Planning for Surprises, Learning from Crises

The Federal Reserve Bank of Cleveland and the Office of Financial Research will host their annual financial stability conference on November 17, 18, and 19, 2021. This year’s conference — titled Financial Stability: Planning for Surprises, Learning from Crises — will be held virtually.

The disruptions associated with the SARS-CoV-2 (COVID-19) pandemic, coming just a decade after the Great Financial Crisis of 2007–2009, alerted the public and policymakers alike to the dangers of shocks from within and outside of the financial system. The disruptions provided a live-fire stress test for postcrisis reforms, ushering in a new set of responses whose long-term impacts remain to be determined. It has drawn attention to vulnerabilities in the financial system. Some of these were foreseen, while others emerged unexpectedly. This year is an opportune time not only to reflect on the efficacy of these and other past interventions but also to seek reforms to confront the challenges of a new normal, wherein once-in-a-lifetime disruptions may occur every decade.

The conference will bring together policymakers, industry representatives, and scholars from economics, engineering, finance, and related fields.

We welcome submissions of research topics related to financial market dynamics, systemic risk, and related public policy. To submit a paper and learn more about the conference, please click here.