The webinar will bring together researchers, regulators, and others to explore short-term funding markets in terms of playing a central role in monetary policy transmission and experiencing substantial funding stress and investor runs amid recent Covid-19 market turmoil.
Yale School of Management professor Gary Gorton will give the keynote address, “Private Money Production without Banks,” from noon to 1:30 p.m. Other topics on the agenda include:
- Liability Structure of Financial Intermediaries
- Liquidity Provision by Central Bank
- Short-Term Interest Rates
- Funding Conditions for Banks and Dealers
Register at https://go.umd.edu/5CG.