The world economy is witnessing an unprecedented surge in inflation, which has led to a globally synchronized tightening of the monetary policy stance across advanced and emerging economies. Against a backdrop of growing fears of global economic fragmentation and a resurgence of geopolitical...

The Eurosystem has launched the investigation phase of a digital euro project. Many other jurisdictions are also exploring options for central bank digital currencies. The European Commission has announced a legislative proposal on a digital euro for early 2023. In this context, the conference...

The ECB’s annual conference on money markets brings together academics, market practitioners and central bankers to discuss the key developments in money markets, monetary policy implementation and central bank operational frameworks. Through a combination of research presentations, keynote...

Focus: the use of high-dimensional data. Advanced analytics techniques, such as the analysis of large and unstructured novel data sources, or the application of techniques derived from machine learning and artificial intelligence, offer new insights into problems in economics and finance. These...

Topics: - Global inflation and the natural rate of interest: understanding drivers, persistence, and longer-term outlook; - Global commodity cycle; - Global spillovers from unconventional monetary policies, tapering, and central bank communications; - International monetary policy interaction and...

Trade and the International Organization of Production - Esteban Rossi-Hansberg (Princeton University) 1. Trade, Firm Structure, Offshoring and Outsourcing 1.1. Firm Organization and Trade 1.2. Multinationals 1.3. Vertical Specialization 1.4. Task Trade, Offshoring and Outsorcing

The Kiel Institute offers the possibility of attending selected courses of its Advanced Studies Program. Lawrence Christiano (Northwestern University) Lectures: 1) The New Keynesian model. 2) Introducing financial frictions into the New Keynesian DSGE Model. 3) Implications of the zero lower...

The Kiel Institute offers the possibility of attending selected courses of its Advanced Studies Program. Marc J. Melitz (Department of Economics Harvard University) Recent empirical evidence has shown that firms/plants producing similar goods react very differently to international forces. Some...

The Kiel Institute offers the possibility of attending selected courses of its Advanced Studies Program. Thierry Mayer (Sciences Po, Paris) Gravity: 1 – Why is gravity so universal? 2 – Border effects 3 – Trade with heterogeneity: gravity still rules Geography: 4 - The history of thought...