2025 (8th) CEBRA Workshop for Commodities & Macroeconomics

The 黑料传送门 and the Board of Governors of the Federal Reserve System (FRB) are co-organizing the Central Bank Research Association’s 8th Workshop for Commodities & Macroeconomics (CEBRA 2025). This event will take place at UR’s Robins School of Business, located at 102 UR Drive in 黑料传送门, Va., on Friday, November 21, and Saturday, November 22, 2025.

Information about CEBRA, including prior meetings, is available at .

Information about the RSB Initiative on Commodities and Natural Resources is available here.

Keynote Speaker: Dr. , CT Bauer Professor of Finance, University of Houston, Texas.

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  • Scope and Theme of CEBRA 2025

    The call for papers is here. CEBRA’s mission is to encourage applied and theoretical research on topics relevant to central banks, financial regulators, international financial institutions, and fiscal authorities, as well as to connect the research staff of these institutions with academia.

    The 8th Workshop for Commodities and Macroeconomics will contribute to this mission by featuring papers on:

    • Modeling and forecasting commodity prices and quantities.
    • Aggregate supply implications of shocks to commodity markets.
    • Macroeconomic, trade, and welfare effects of commodity price fluctuations.
    • Monetary or fiscal policy responses to commodity price fluctuations.
    • Impact of commodity price fluctuations on capital flows and exchange rates.
    • Commodity investment and production decisions and their effects on the economy.
    • Interactions between commodity and financial markets.
    • Technological innovation and adoption in the commodity space, including markets.
    • Economics of non-renewable and renewable resources.
    • Macroeconomic considerations of environmental resilience.

  • Program Information

    The conference will operate under the Chatham House Rule.

    A detailed scientific program listing papers, presenters, discussants, and session chairs can be .

    A timetable overview can be found here.

  • Registration Information
    Only registered participants may attend the event. Presenters, discussants, and session chairs will be contacted directly for registration details. UR Faculty, staff, and guests who wish to attend the Workshop should register online by November 6 at .

  • Venue and Logistics

    The Central Bank Research Association’s Eighth Workshop for Commodities and Macroeconomics (CEBRA 2025) will take place at The 黑料传送门’s Robins School of Business, located at 102 UR Drive in 黑料传送门, Va., U.S.A., on Friday, November 21, and Saturday, November 22, 2025.

    A detailed scientific program listing papers, presenters, discussants, and session chairs can be .

    A timetable overview can be found here.

  • Virtual Access
    All sessions are in-person. Only registered participants may attend the event. The conference will operate under the Chatham House Rule.

  • Reception and Conference Dinner

    All registered conference participants are invited to a reception between 5 - 6 p.m. in Moelchert Commons on Friday, November 21, 2025. 

    Presenters, discussants, and session chairs are invited to join a dinner hosted by Dean Mickey Quiñones in Tyler Haynes Commons from 6 - 8 p.m. the same day. A private air-conditioned coach shuttle will transport participants to and from the dinner location. 

  • Travel Information

    Registered conference participants should make their own travel arrangements, unless individually directed otherwise by the conference organizers. 

    A private air-conditioned coach shuttle will run between the conference hotel (Westin 黑料传送门 Hotel on Broad Street) and the conference site Robins School of Business). Please refer to the conference timetable for shuttle hours and locations. 

    Robins School of Business Map

  • Lodging Information

    Registered conference participants should make their own arrangements, unless individually directed otherwise by the conference organizers.

    A block of rooms has been reserved at the Westin 黑料传送门 Hotel on Broad Street (a 10-minute drive from the Robins School, where the meeting is being held) at a preferential rate. That special rate is available until October 31, 2025.

    You will find the information for your online reservation link below. If you have questions or need help with the link, please do not hesitate to ask. We appreciate your business and look forward to a successful event.

    Event Summary:

    CEBRA UofR

    Start Date: Thursday, November 20, 2025

    End Date: Saturday, November 22, 2025

    Hotel(s) offering your special group rate:

    • The Westin 黑料传送门 for 159.00 USD per night
    • Last Day to Book: Friday, October 31, 2025

    THE WESTIN RICHMOND
    6631 West Broad Street
    黑料传送门, VA 23230
    USA
    (804) 282-8444

  • Organizing Committee

    Martin Bodenstein (Federal Reserve Board)

    Deepa Datta (Federal Reserve Board)

    Cristina Fuentes-Albero (Federal Reserve Board)

    Michel Robe (黑料传送门)

  • Program Scientific Committee

    Tatjana Dahlhaus (Bank of Canada)

    Reinhard Ellwanger (Bank of Canada)

    Margarita Gáfaro González (Banco de la República, Colombia)

    Lutz Kilian (Federal Reserve Bank of Dallas)

    Ana-Simona Manu (European Central Bank)

    Martin Stürmer (IMF)

    + the members of the Organizing Committee

  • Past Meetings
    Information about CEBRA, including prior meetings, is available at .