Call for Papers
of the EAEPE Research Area J on
“Monetary Economics, Finance and Financial Institutions”
For the 2016 EAEPE Annual Conference, we ask for submissions on questions posed by new instruments and cultures of finance and how they shape, stabilize or interrupt economic and political systems. Repercussions of the recent financial crisis show a broadened interest in finance beyond Economics. Disciplines such as anthropology, sociology, critical management or cultural studies but also civil society actors like NGOs, activists and artists took part in debates about a better financial architecture. In order to enrich the theoretical and policy vocabulary of (heterodox) economics this research area wants to reach out to interdisciplinary perspectives on ‘Monetary Economics, Finance and Financial Institutions’. Thus, this Research Area wants to relate (but is by no means limited) to the following concerns:
- How does present economic culture affect, change and stabilize financial hierarchies and political power?
- How does financial expertise and new public or private financial Institutions impact democratic decision-making or the very concept of democracy?
- How does post-crisis financial regulation affect the performance and business models of financial institutions and the financial field more generally?
- How are unconventional central bank policies legitimated in relation to economic theory, democratic accountability and income and wealth inequality?
- What is the new role of central banking and how does it restrict and enable future expectations for areas beyond finance?
- What are the implications of new securitization and investment practices on current financial architecture and the low growth and interest rate environment?
- In which respects does digitalization in finance change financial practices like credit creation, payment systems, wealth management or maturity transformation?
- What are present modes of algorithmic knowledge and execution in finance and how does its rate of acceleration affect regulation, economic theory, banking and other financial institutions?
- What kind of new influential financial intermediaries evolve in the present financial and cultural post crisis setting and what kind of peer-to-peer credit creation alternatives are most promising?
The research area on "Monetary Economics, Finance and Financial Institutions" provides a pluralistic and interdisciplinary forum for the analysis of financial markets and their role in economy, culture and society. All aspects of finance in this respect are taken into consideration. Given the current economic situation, this research area pays particular attention to post-crisis dynamics and how present financial markets work, what their function in contemporary capitalist systems actually is and how systemic risks are produced and managed.