The 19th annual Day-Ahead Conference on Financial Markets and Institutions is an opportunity for productive interaction in advance of the 2026 ASSA meeting and the sharing of policy-relevant research among economists in the Federal Reserve System, at other central banks, and in academia. The meeting will be held in person at the Federal Reserve Bank of Philadelphia. This event is by invitation only.

The Day-Ahead organizing committee invited the submission of both theoretical and empirical research on domestic and international financial markets and institutions, particularly involving topics relevant to central banking such as:

  • monetary policy implementation, money markets, and central bank balance sheets; 
  • financial stability and the conduct of monetary policy; 
  • maturity transformation, liquidity risk, and runs on financial institutions; 
  • nonbank financial intermediation;
  • financial markets and the macroeconomy; 
  • real estate and mortgage markets;
  • household finance and the transmission of monetary policy; 
  • financial innovation and artificial intelligence; 
  • effects of inflation on financial markets and institutions; 
  • interconnectedness of global financial markets; 
  • cryptocurrencies and stablecoins; and 
  • emerging risks to financial stability. 

The program will be made available soon. If you have questions about the program, please contact an organizing committee member