Topics of interest: - Unconventional monetary policies and normalization of the monetary policy and: the pricing of financial assets, the risk taking by banks, the spillover effects to other developed and emerging markets, the financial market liquidity. - Basel III capital and liquidity ratio...

We solicit theoretical and empirical papers on the interactions between financial intermediation and sovereign debt markets. Topics: - Sovereign debt distribution: participants, auction mechanisms, and market outcomes, - Financial intermediation and the term structure of sovereign debt...

Topics: - Quantification of the Impact of Reform - Short- vs. Long-Term Effects of Reform - Product and Labor Market Reform - Financial Sector Reform - EU Convergence and Reforms - Reforms and the Functioning of EMU - Distributional Consequences of Reform - Timing, Sequencing, and Clustering of...

Topics: - the nexus between the quantity and the quality of growth; - key indicators of growth quality (e.g. growth variability, growth differentials across countries, environmental sustainability, income and wealth inequality); - links between indicators of growth quality and household...

The Summer School addresses PhD students and Post-docs with a strong academic record and a keen interest in policy issues, and staff members of policy institutions.

The post-crisis recovery continues to disappoint in advanced and emerging economies alike. Slow growth and low inflation have led to concerns that advanced economies (AEs) might be facing secular stagnation putting greater emphasis on emerging market economies (EMEs) to support global growth....

Economic Growth - Gino Gancia (CREI and University Pompeu Fabra) This course consists of five three-hour lectures on topics in the area of economic growth and technological progress. A first goal of the course is to discuss different theories of economic growth and their relative merits in...

Topics: - Financial markets/financial instabilities and the macroeconomy - Standard and non-standard monetary policy, the zero lower bound and the interactions with economic dynamics - Monetary and fiscal policy interactions - Fiscal policy, sovereign default risk and private sector debt - Risk...

The International Financial Crisis has resulted in a number of new approaches for analyzing the links between financial markets and macroeconomic performance. This includes the explicit integration of a financial sector in standard macroeconomic models, as well as the consideration of aspects...

Topics: - The definition and measurement of global liquidity - Global liquidity and the direction, size and composition of international capital flows - The impact of global liquidity on asset prices and exchange rates - The impact of global liquidity on monetary and financial stability - The...