INFER Workshops

Negative Nominal Interest Rates: History and current proposals

From: 2010-07-16 to: 2010-07-16
Place: University of Muenster

Attached files:

Organized by
INFER – International Network for Economic Research
CAWM – Centrum für angewandte Wirtschaftsforschung Münster (Centre for Applied Economic Research)


Workshop Objectives
This workshop provides an opportunity for all those interested in the subject of negative nominal interest rates to discuss their research and to exchange ideas. Researchers are invited to submit both empirical and theoretical papers that are broadly consistent with the workshop’s special topic.

The workshop is open to anybody involved in these research areas, including both young and experienced researchers, Ph.D. students, post-doctoral researchers, and professionals from business, government and non-governmental institutions.

The workshop is jointly organized by INFER’s Working Group on Economic History and History of Economic Thought and by the CAWM. Members of the organization committee are Ulrich van Suntum, managing director of the CAWM and INFER member, and Cordelius Ilgmann, research assistant at the CAWM and member of INFER.

INFER is a non-profit international scientific organization that stimulates research and research networking in all fields of economics through international workshops and conferences. Website:

The CAWM (Centre of Applied Economic Research Münster) was founded in the year 2002. Under its roof, six renowned economic research institutes combine their activities. The research done at the CAWM covers a large spectrum of questions in Economics and Business Administration, with special consideration of topics in Transport Economics, Regional Economics, Public Finance, Spatial and Housing Economics, Cooperative Management, Energy Economics, History of Economics as well as the labor market. Website:

Paper Submission
We welcome any historical, theoretical, empirical and policy-oriented papers that deal with negative interest rates and their implications. Abstracts (of no more than 200 words) and papers should be submitted electronically (word doc or pdf format) NLT
31st of May, 2010
at the following email address:
The front page should indicate the authors’ full name, affiliation, address, phone/fax, and e-mail for correspondence and JEL classification. Abstracts and papers must be in English. Papers should not exceed 25 pages (A4 or letter) including all references, tables, etc.
Authors are allowed to submit more than one paper. All submitted papers will be peer reviewed according to a high-quality and fast referee process. Within two weeks after submission, but not later that 15th of June 2010, you will receive an e-mail indicating whether your paper is accepted for presentation during the workshop or not.
Paper presenters are expected to discuss one other paper during the workshop. The discussant assignments will be made by the workshop organizers at a later date. As the workshop intends to build a network in this research area, participation is welcome even without paper contributions. A selection of papers will be published in a book volume and/or a special issue of a journal.

Registration and Registration Fee
The registration fee for presenting and non-presenting participants will be:
• INFER members/institutional members: 60 EUR
• Non-members: 120 EUR
Please note: the annual membership fee for private INFER members is 25 EUR only (institutional INFER members 200 EUR). You are invited to become a member!

The registration fee includes all lunches, drinks etc. during the workshop. It doesn’t include travel and accommodation expenses. All workshop participants have to register for the workshop. Please note that paper submission is not regarded as a registration. You will receive a confirmation e-mail.

Please register on the INFER website ( Payment can be done via PayPal on the website. Note that you can use the same website to become an INFER member.

Deadline for registration and payment: 15th of July, 2010.
In case of registrations after 15th of July, the fees will be increased by 50%.

The workshop will be held at the
CAWM (Centrum für angewandte Wirtschaftsforschung)
University of Muenster,
Am Stadtgraben 9,
48143 Münster, Germany.

The conference will be held at the University of Muenster, Germany. Münster is a city full of history and full of stories; it is a city which has remained young at heart for more than 1200 years. High-tech and traditional trade, baroque noble residences and modern architecture, a historic city centre and progressive urban development are not opposites in Münster, but merely features of a lively city more than half of whose inhabitants are younger than 30 years of age. As the so-called "desktop" of Westphalia, Münster is an important location for the coordination of business, administration, science, culture and the social life of the region.

Compared to other German cities, Münster is a forerunner in the field of environment and climate protection. Münster is also Germany's bicycle metropolis with more bikes than inhabitants, more than 250 kilometres of bicycle paths and an underground bicycle parking area in front of the main station which can accommodate more than 3000 bicycles or "Leezen", as bicycles are lovingly called here. In Münster, the gables of the past harmonize with modern forms and tradition is paired with innovation. The beautiful facade of the old city could be maintained after World War II thanks to the careful rebuilding of the historic part of the city around the Prinzipalmarkt. A rich cultural life, diverse leisure-time activities and the beautiful parkland surrounding Münster add to the attractiveness of the city. About 55,000 students in Münster appreciate these advantages. Many of them remain linked to Münster even after having completed their studies.

Münster, incidentally the home of Germany's most important female poet Annette von Droste-Hülshoff, has a lot to offer in the way of recreational and leisure-time facilities. This is not only because of the many green zones accounting for 70% of its area. Münster is the city of international sculpture projects, of galleries and theatres, of conferences and conventions. Its 22 museums and 6 cinemas, the municipal theatre which puts on plays, concerts, dancing events as well as children's plays and an independent and lively artistic community are not only of interest for the inhabitants of Münster. More than 800 pubs, bars and restaurants offer enough possibilities for people to come together in Münster.
For additional information please visit
Getting to Muenster is well served with a variety of transport routes:

By Air
Several carriers offer direct flights to Münster/Osnabrück Airport (FMO). However, there is also variety of further airports in the vicinity such as Dortmund (60 km), Bremen (144 km), and Düsseldorf (96 km), which are well connected to Muenster by train. For people arriving at FMO, an express bus - "FMO-Express" - is available to take them to Muenster Main Station (travel time approx. 30 minutes). Current information on this bus connection, the timetable, fares and other information can be obtained on tel.: +49 (0) 25 71 / 45 25.

By Rail
Muenster is situated at the main rail line from Hamburg to the Ruhr Area. Express trains to the north and south run approximately every hour. For further information please visit

By Car
Muenster is directly situated on the A1 Motorway. Leave the motorway at any of the two exits and follow the signposts into the city centre.

Public transport
Around 20 city bus routes link the various districts with the inner city, while the city express, taxi bus and night buses supplement these services around the clock. The main bus station is directly in front of the train station. Destinations within the Muensterland region are also accessible by bus. For time tables and destinations please visit

Participants are responsible for their travel and accommodation arrangements. The registration fee does not cover accommodation. Please make your reservations as soon as possible. Some rooms have been reserved for participants via Muenster Marketing. Please click on the following link for reservations:

Further information
Questions about local organization issues may be directed to the local conference organizers
• Cordelius Ilgmann:
• Ulrich van Suntum:
Questions about INFER may be directed to the INFER Board through:


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