Financial Economics Meeting (FEM-2022): New challenges post-COVID-19 related Monetary policy, capital flow, and exchange rate frameworks

The 3rd Financial Economics Meeting (FEM-2022), jointly organized by the EDC Paris Busi-ness School, ESSCA School of Management, Paris (France), and CY Cergy Paris University, Cergy (France), will take place on 30 June-01 July 2022 in Paris (France). In the last twenty years, several periods of turmoil (the internet bubble, the subprime crisis, sovereign debt, Coronavirus, etc.) have shaped the financial and economic system. Economics and Financial spheres exhibit more uncertainty, many complexities, nonlinearity dynamic, chaotic characteristics, etc. The internet bubble, the financialization of commodities mar-kets, and particularly the subprime crisis have led to several transformations in both financial and economic systems. The commodities markets lead to new lessons in terms of hedging, portfolio diversification, pricing, etc. The Subprime crisis leads to new regulatory policies such as Basle III in order to avoid these crises. It has influenced governance transformations at both macro and micro levels, as calls for more ethical and sustainable standards in finance and economic spheres have been growing since 2007. More recently, new forms of money have been introduced, such as virtual money (Bitcoin, among others), leading to a new bubble that might affect financial markets. From the economic side, the macroeconomic environment of emerging economies has been reshaped based on the episode of opened to trade, financial flows, and the adoption of flexi-ble exchange rate regimes, accentuating the swing in capital flows and exchange rates have become larger and more persistent. In consequence, most emerging central banks complete their monetary policies with foreign exchange interventions, macroprudential measures, and capital flow management measures. The recent crisis of the COVID-19 outbreak has chal-lenged again the policymakers to deal with sharp currency depreciation and large capital outflows. Regarding the advanced economies, the macroeconomic environment has been challenged based on the occurrence of several crises. The subprime crisis has trigged the tran-sition from conventional to unconventional frameworks. The sovereign debt crisis has exacer-bated the economic environment and raised economic uncertainty. Recently, the COVID-19 has dramatically impacted the macroeconomic environment, particularly the exchange rate markets have experienced witnessed unprecedented movements. The monetary policy has been reshaped during this recent crisis, as several central banks have undertaken monetary actions to address the feedback loop between exchange rate movements and capital outflows in a bid to weather the financial setbacks. In line with the financial and macroeconomic environment evolution, Econometrics discipline has been developed substantially, especially with more approaches modeling complexity, nonlinearity, chaotic behavior, high-frequency data, big data, networks, etc. The current call for papers aims to invite invites authors to submit proposals covering these topical issues related to the recent challenges on the Macroeconomic frameworks as well as on Financial systems.