Robert Czech

New CEPR Discussion Paper - DP20157 The Market for #Inflation Risk Saleem Bahaj @EconUCL @bankofengland, @RobertCzech8 @bankofengland, @sitongding @LSEnews, @R2Rsquared @LSEEcon ow.ly/Hc2L50VH5lQ #CEPR_MEF #CEPR_AP #EconTwitter

New CEPR Discussion Paper - DP20158 LASH Risk and Interest Rates Laura Alfaro @HarvardHBS, Saleem Bahaj @EconUCL, @RobertCzech8, @JADHazell, @IoanaNmtu, @bankofengland ow.ly/En0Q50VH7eA #CEPR_MEF #CEPR_BCF #EconTwitter

Call for papers!! CB conference on microstructure. Deadline: March 31, 2025. ssrn.com/index.cfm/en/j…

🚨 New paper🚨 Liquidity crises have become common in the non-bank financial sector. One reason is LASH risk. With awesome coauthors @lalfaro Saleem Bahaj @RobertCzech8 and @IoanaNmtu (1/11)

The 20th Central Bank Conference on Microstructure will be in Hong Kong, September 11-12, 2025. Call for papers and more info on conference homepage. Submission deadline March 31 2025. Please submit!!! sites.google.com/view/cbconf-mi…

Hi #EconTwitter! Believe it or not, I’m on the Econ/Finance job market this year at @ImperialBiz. My JMP studies the role of information in safe asset liquidity crises and is joint work with @RobertCzech8 from the BoE. 🚨A quick summary thread🚨#EconJMP tinyurl.com/2uvhz8xp

Please register for the 19th Central Bank Conference on the Microstructure of Financial Markets to be held in Mexico City nov. 20-21. Keynote speakers are Albert Menkveld and Gerardo García. See link for registration, program and general information. sites.google.com/view/cbconf-mi…

Great post by @toby_n and @Louis_Ashworth about our paper w/ @lalfaro, Saleem Bahaj, @RobertCzech08 and @IoanaNmtu on LASH Risk and the 2022 mini budget crisis. There has been controversy about our paper recently and I think they have the right interpretation (1/2).

👓 Read this Financial Markets Group discussion paper: 📘 "Unintended Consequences of Holding #Dollar Assets" 👥 By @RobertCzech8 @bankofengland, Shiyang Huang @HKUniversity, Dong Lou @LSEFinance & @cepr_org, Tianyu Wang @SEM_Tsinghua 🔗 buff.ly/3ybq99r #fmg #lse #FX

🧵SWP 1073 by Laura Alfaro (Harvard), Saleem Bahaj (BoE/UCL), Robert Czech (BoE), Jonathan Hazell (LSE) + Ioana Neamtu (BoE) study “Liquidity after Solvency Hedging” (LASH) risk + how it relates to interest rate movements... bankofengland.co.uk/working-paper/…

#LiquidityRisk #HedgingStrategies #InterestRates #PensionFunds #Insurance #FinancialStability #LDICrisis

Big thanks to my great co-authors Laura, Saleem, @JADHazell, and @IoanaNmtu.

🔍 We just published a new working paper on "Liquidity After Solvency Hedging" (LASH) risk, highlighting how hedging strategies can create significant liquidity challenges for institutions like pension funds and insurers when interest rates fluctuate.

The Centre for Macroeconomics at LSE is hiring predocs! Come and work in the best city in the world with me, @liliana_vvarela, @ilzetzki @R2Rsquared and @ben_moll. We work on macro, international economics, finance and more! Link: jobs.lse.ac.uk/Vacancies/W/68…

Join us for the 12th @bundesbank term structure workshop, November 10, covering great research on macro-finance, the yield curve and inflation markets. @MarkKersen @LCoroneo @MoritzLenel @RobertCzech8 @EmanuelMoench @michaelbauer_hh Online Registration: bundesbank.de/de/bundesbank/…

Inflation swaps allow traders to hedge against inflation risk and give a peek into the minds of market participants. New BU post uncovers the who, what, and why behind the prices of these swaps to shed light on the dynamics of inflation expectations. bankunderground.co.uk/2023/09/06/dec…

Decoding the market for inflation risk bankunderground.co.uk/2023/09/06/dec… via @boe_research

I am here today presenting the “Market for Inflation Risk”. Understanding inflation swap rates and what we can learn from them