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2024 CEMLA Conference XXIX Meeting of the Central Bank Researchers Network

The 2024 CEMLA Conference - XXIX Meeting of the Central Bank Researchers Network took place on November 7 and 8, 2024 at CEMLA's headquarters in Mexico City. The Conference featured Professors David Andolfatto (Miami Herbert Business School) and Pablo Kurlat (University of Southern California) as Keynote Speakers, and 36 papers at the cutting edge of research on central banking issues.

The 36 research papers –corresponding to 89 authors affiliated with central banks, multilateral organizations and universities– were distributed in 12 sessions, divided into 4 parallel sessions. The sessions covered the following subjects: central bank policies, payments and CBDCs, macroeconometrics, monetary policy, financial risk, empirical macroeconomics, macroeconomic theory, climate risks, and applied macro-finance.

cemla-frbny

2024 CEMLA Conference
XXIX Meeting of the Central Bank Researchers Network

Call for Papers

November 7 - 8, 2024 – Mexico City (hybrid)

The Center for Latin American Monetary Studies (CEMLA) is organizing its XXIX Meeting of the Central Bank Researchers Network, to be held on November 7 - 8, 2024. CEMLA invites contributions from papers in which at least one co-author is affiliated to a CEMLA Member Institution (Associate or Collaborating). Notwithstanding the above, authors affiliated with other external institutions are also welcome to submit their papers, for whom a limited number of slots in the program will be considered.

Papers accepted for presentation will be discussed by another speaker within the same session. Accepted papers, as well as presentations and discussions, will be posted on the Conference website to facilitate the discussion among participants.

Keynote Speakers

Venue

The conference will be held at CEMLA’s facilities in Mexico City in a hybrid format (in-person and digital). There is no registration fee. However, participants are expected to pay their expenses for travel and accommodation.

LAJCB Publication

Papers accepted for the Conference are encouraged to be submitted to the Latin American Journal of Central Banking. Authors who wish their paper to be considered for the LAJCB should clearly indicate this in their Conference submission.

Monetary Award

All accepted papers in the LAJCB will receive a compensation of 1,000 USD each, which CEMLA will fund. The monetary prize will be divided in equal parts among each paper's authors. If the paper participates in any other CEMLA award, it will only be eligible for the monetary prize once.

Important Dates

August 16, 2024. Submission deadline. Please submit your paper to conference@cemla.org

September 6, 2024. Notification of paper acceptance

September 18, 2024. Deadline for conference registration (there is no registration fee)

November 7 - 8, 2024. Conference dates

Scientific Committee

  • Michel Alexandre, Banco Central do Brasil
  • David Argente, Pennsylvania State University
  • Corina Boar, New York University
  • Luis Ceballos, University of San Diego
  • Roberto Duncan, Ohio University
  • Javier García-Cicco, Universidad del CEMA
  • Gerardo Hernández-del-Valle, CEMLA
  • Gustavo Leyva, CEMLA
  • Carlos Madeira, Banco Central de Chile
  • Carola Müller, BIS
  • Matías Ossandon Busch, CEMLA
  • Jorge Ponce, Banco Central del Uruguay
  • Nelson Ramírez-Rondán, CEMLA
  • Barbara Sadaba, Bank of Canada
  • Yannick Timmer, Federal Reserve Board

Organizing Committee

  • Gerardo Hernández-del-Valle, CEMLA
  • Gustavo Leyva, CEMLA
  • Matías Ossandon Busch, CEMLA
  • Nelson Ramírez-Rondán, CEMLA
cemla-frbny

2024 CEMLA Conference
XXIX Meeting of the Central Bank Researchers Network

cemla-frbny

2024 CEMLA Conference
XXIX Meeting of the Central Bank Researchers Network

David Andolfatto

David Andolfatto is a Department Chair and Professor of the Department of Economics at the University of Miami Patti and Allan Herbert Business School since July 2022. Previously, in 2009, he became Vice President, and then Senior Vice President, in the Research Division of the Federal Reserve Bank of St. Louis, where he served as a Senior Policy Advisor for James Bullard, CEO and President of the Bank. Before 2009, He was a Professor of Economics at Simon Fraser University and an Associate Professor of Economics at the University of Waterloo. David received his Ph.D. in economics in 1994 from the University of Western Ontario, London, Canada. His main publications appear in American Economic Review, Journal of Political Economy, Review of Economic Studies, Journal of Economic Theory, Journal of Monetary Economics, among others.

Pablo Kurlat

Pablo Kurlat is an Associate Professor of Economics at the University of Southern California and an NBER Faculty Research Fellow; Previously, he was an Assistant Professor of Economics at Stanford University, and a Visiting Scholar at the Becker Friedman Institute from the University of Chicago. He received a Ph.D. in Economics from the Massachusetts Institute of Technology. His research focuses on monetary policy, macroeconomic theory, and macro finance. His main publications appear in American Economic Review, Econometrica, Review of Economic Studies, Journal of Finance, Journal of Monetary Economics, Journal of Economic Theory, among others.

cemla-frbny

2024 CEMLA Conference
XXIX Meeting of the Central Bank Researchers Network

Venue Information

CEMLA is located in Durango 54, Col. Roma Cuauhtémoc, C.P. 06700 Ciudad de México, México; near downtown Mexico City.

Mexico City is located near the center of the country, at an average altitude of 2,300 meters above sea level, bordering the State of Mexico and the state of Morelos. The capital is connected by land to multiple destinations.

Time Zone

Mexico has a time difference with Greenwich Mean Time of -6 hours.

Weather

In Mexico City, the wet season is warm and overcast and the dry season is comfortable and partly cloudy. Throughout the year, the temperature usually ranges from 6°C to 26°C and is rarely below 3°C or above 30°C.

The warm season lasts for 2.5 months, from March 22 to June 8, with an average daily temperature above 20°C. The hottest month of the year in Mexico City is May, with an average high of 27°C and low of 13°C.

The cool season lasts for 2.5 months, from November 19 to February 3, with an average daily high temperature below 22°C. The coldest month of the year in Mexico City is January, with an average low of 6°C and high of 22°C.

Visa Information

All participants are responsible for all Passport and visa formalities, and if needed, to comply with health regulations.

Citizens of certain countries require a visa to enter Mexico. In the following link you will find a list of citizenships which require visas: Countries that require visas.

Exceptions apply if you have a visa or if you are a permanent resident of the United States, Canada or Europe. If you are a citizen of a country requiring a visa, please contact the closest Mexican consulate at: Mexican consulates. For more information, please click here.

If you require an invitation letter in order to obtain the visa, please email Olivia Fuentes (ofuentes@cemla.org) specifying your current affiliation and title of the paper that you will be presenting.

Currency and Exchange Rate

Official currency: Mexican peso (MXN).

For the updated exchange rate click here.

You will be able to make currency exchanges at exchange houses and in some bank offices. It is recommended to exchange money at the airport since exchange houses and banks near CEMLA and the suggested hotels are closed on weekends, and close early during the week (around 16:00 hrs). Usually, ATMs are available 24 hours. You may draw cash using international debit and credit cards with worldwide brands, like Visa, Mastercard, Visa Electron and Dinners. For more information, please visit Banco de México.

VAT and others
  • · VAT: 16%.
  • · Hotel service: additional charge of 3.5% on top of lodging (ISH or lodging tax).
  • · Tips at restaurants: from 10% to 15% depends on the service you have received.
Electricity Service

Energy: 127 volts AC at 60 cycles (127V AC, 60 Hz). Two flat-pin plugs and some with grounding.

Transportation

The Benito Juárez International Airport in Mexico City is located 13 kilometers from the Downtown. It has two terminals which are identified by Terminal 1 and Terminal 2 and both are connected by aerotrain and free bus transportation. For more information, you may find the airport website here.

When arriving to Mexico City, transportation from the airport to hotels can be done by transportation apps (such as Uber, Cabify, Didi and Lyft, among others), or taxi. For taxi transportation it is important to select a taxi company inside the airport (there are different options to select from once you exit customs and immigration), pay the cashier inside the airport and ask for the cab in the corresponding exit. The Mexico City International Airport (AICM) offers spaces or boarding areas for the use of authorized cabs accredited by the Ministry of Communications and Transportation (SCT) and regulated by the Airport, for more information on authorized cabs click here.

For transportation in Mexico City, we recommend participants to use transportation apps or taxi service taken from “SITIO” stands. We recommend that participants avoid taking taxis from the street. SITIO stands can be found in several locations and phone numbers to call for taxis can be obtained in the hotels.

CEMLA will not provide transportation services.

Accommodation

The following table shows CEMLA’s recommended hotels, the rates available to events participants and hotel contact information. Booking hotel is the visitors’ responsibility. Consider that hotels usually request a credit card to guarantee the reservation. Consider that hotels usually request a credit card to guarantee the reservation. Rates include 16% VAT and 3.5% ISH (local tax).

To receive the corporate rate in the recommended hotels you must specify the name of CEMLA. Any change of rates is the responsibility of each hotel. Even though some bookings can be made online we recommend contacting the hotel directly to make sure the group rate is given.

Recommended Hotels
 
Hotel
Rates
Reservation information
Stanza

Av. Álvaro Obregón 13, Roma Nte., Cuauhtémoc, 06700 Ciudad de México, CDMX

(3-minute car trip, 6-minute walk, 500m to CEMLA)

Ordinary rate per night:

$ 125 USD

CEMLA corporate rate:

$ 83 USD, includes taxes

Royal Reforma

C. Amberes 78, Juárez, Cuauhtémoc, 06600 Ciudad de México, CDMX

(10-minute car trip, 13-minute walk, 1 km to CEMLA)

Ordinary rate per night:

$ 165 USD

CEMLA corporate rate:

$ 81 USD

Includes:

Taxes, Wi-Fi, breakfast buffet, gym, pool, sauna (upon request)

Four Points by Sheraton

Av. Álvaro Obregón 38, C. U. Benito Juárez, Cuauhtémoc, 06700 Ciudad de México, CDMX

(5-minute car trip, 6-minute walk, 500 m to CEMLA)

Ordinary rate per night:

$ 210 USD

CEMLA corporate rate:

$ 114 USD accommodation only
$ 130 USD accommodation and buffet breakfast

Includes:

Taxes, Wi-Fi, fitness center

Sheraton Mexico City María Isabel

Av. Paseo de la Reforma 325, Cuauhtémoc, 06500 Ciudad de México, CDMX

(13-minute car trip, 21-minute walk, 1.6 km to CEMLA)

Ordinary rate per night:

According to demand

CEMLA corporate rate:

$ 198 USD

Includes:

Taxes, Wi-Fi, breakfast buffet, gym

Marriot Reforma

Av. Paseo de la Reforma 276, Juárez, Cuauhtémoc, 06600 Ciudad de México, CDMX

(15-minute car trip, 17-minute walk, 1.3 km to CEMLA)

Ordinary rate per night:

$ 419 USD

CEMLA corporate rate:

$ 207 USD

Includes:

Taxes, Wi-Fi in business center, breakfast buffet, gym

Map

Visit Mexico

Mexico City is a unique visitor destination offering a wide range of attractions combining historic and modern-day life in a vibrant and friendly atmosphere. Take a day to visit the pre-Hispanic ruins of Teotihuacan, or visit the Centro Histórico and marvel at its rich architecture form the Catedral and Plaza del Zócalo to Palacio de Bellas Artes, visit world-class museums, or spend the day at some of the modern-day bustling neighborhoods and enjoy a fine dining experience at some of the world’s top-rated restaurants. For more information visit: Official Mexico City Visitors' Guide | Guía oficial para turistas de la CDMX Mexico City.

Dinning

Mexico City offers a wide variety of restaurants most of them located in the tourist areas of Polanco, Roma and Condesa near the Conference Venue.

Sightseeing/Day trips

If you are planning to stay an extra day or two in Mexico City, we recommend taking a day to visit the Centro Histórico, Coyoacán, Reforma Avenue, Colonia Roma, Xochimilco, and Chapultepec.

A day trip to Teotihuacan to see the pyramids can be arranged with the hotel concierge.

Mexico City offers some world class museums including the Anthropology Museum, the Museo Soumaya, and the Interactive Museum of Economics.