10th RCEA Macro-Money-Finance Conference
Is a Recession Coming?

September 13-14, 2019, Balsillie School of International Affairs, Waterloo, Ontario, Canada

Keynote Speakers

Emmanuel Farhi

Harvard University, NBER and CEPR

Enrique Mendoza

University of Pennsylvania and NBER

The current macroeconomic situation indicates a growing possibility of the next recession. Economic growth has slowed down in Europe and China and is likely to slow down in the US once the stimulative effect of tax cuts passes. Combined with tariff war between US and China, erratic economic policies in some countries and financial markets volatility, a recession in the next two years is more likely than it appeared to be a year ago. The current situation makes dealing with the next recession a formidable challenge: interest rates are low, public debts are high and some macroprudential reforms introduced in the wake of the Great Recession have been rolled back.

The goal of the conference is to assemble a group of leading researchers in macroeconomics, monetary economics and finance to present and discuss their recent work. While the focus of the conference is on theoretical and empirical work related to macro prospects, we welcome papers in all areas of economics and finance related to the overarching theme of the conference.