Robins School of Business

University of Richmond’s Robins School of Business Hosts International Economics Conference

Scholars from around the world presented research on commodities and financial markets.

November 25, 2025
Michel Robe, co-organizer of the conference and professor of finance and the Patricia A. and George W. Wellde, Jr. Distinguished Chair in Finance at the University of Richmond.

UNIVERSITY OF RICHMOND — The 8th annual Central Bank Research Association’s Workshop for Commodities & Macroeconomics (CEBRA 2025) was held at the University of Richmond on Nov. 21-22, in collaboration with the Board of Governors of the Federal Reserve System.

CEBRA is dedicated to encouraging applied and theoretical research on topics relevant to central banks, financial regulators, international financial institutions, and fiscal authorities. This workshop focused on how those financial bodies engage with commodities — natural resources such as grains, metals, and oil.

Panelists and speakers from international institutions including nine central banks, the Bretton Woods Institutions, and academia discussed research on commodity supply chains, inflation, geopolitics, and risk management.

“The 2025 CEBRA Workshop explored key areas of study in the commodity space that have critical real-world impact on the broader economy,” said Professor Michel Robe, the Patricia A. and George W. Wellde, Jr. Distinguished Chair in Finance at the University of Richmond and co-organizer of the conference. “It brought together global experts to share their latest scholarship and professional experience, and to receive feedback from each other and from UR faculty working in this field.”

Robe is an expert on commodity markets and the founder of the Robins School of Business working group on commodities and natural resources, which brings together cross-disciplinary scholars at the Robins School to explore research, teaching, and policy on these topics.

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