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...

The workshop will focus more specifically on the following topics: - Monetary Policy in the Euro area - Open Macroeconomics Dynamics and Exchange Rate - Productivity and Potential Output Performances, and Impact of Structural Reforms - Current Account Adjustment - Economic Growth and Convergence