The workshop aims to foster awareness of ongoing policy-relevant studies on monetary economics and to stimulate collaboration across the ESCB. The workshop is open to ESCB researchers only. Both theoretical and empirical contributions are welcome. Relevant topics include, but are not restricted...

The 2008-09 global financial crisis is seen as the most cataclysmic macroeconomic event since The Great Depression. Although it affected economies worldwide, it most harmed advanced economies which subsequently endured sub-optimal economic growth, record low interest rates, weak private...

Financial systems play a vital role in boosting productivity growth by allocating resources efficiently and facilitating investment and innovation. But they are also prone to costly booms and busts, which can leave deep scars on the productive tissue of the economy. Indeed, in the aftermath of...

Topics: - Fiscal and monetary policies when interest rates are at, or close to, the zero lower bound, including balance sheet and debt management considerations. - Modelling financial stability Attendance at the workshop is by invitation only.