This seminar seeks to bring together first-rate current research on the impact of banking structure on the transmission of monetary policy. This conference will cover a broad range of issues and suitable topics include, but are not limited to:

• The monetary policy channels and the role of banks
• Impact of bank structure on monetary transmission
• The broad credit channel or credit channel
• The bank lending or bank capital channel
• Financial system architecture and monetary policy
• Disintermediation and its effects on monetary policy

Limited financial support for economy class air travel and lodging expenses will be available for university based authors, discussants and chairpersons. Barring exceptional circumstances, central bankers will be asked to cover their own expenses.

Papers selected for presentation will be candidates for a special issue of the Journal of Financial Intermediation, although authors do not necessarily have to commit their papers to the journal. Journal submission fees will be waived for all papers selected for the program. All papers submitted to the journal will go through the same reviewing process and be held to the same standards as regular submissions.

An electronic copy of your paper should be submitted to jseabrook@cepr.org at CEPR by Monday, February 3, 2003. We will notify people whose papers are selected by April 2003.