The fifth biennial ECB conference on Fiscal policy and EMU governance brings together participants including from academia, the central banking community, European and international organisations. This year’s conference will address the fiscal policy response and monetary and fiscal policy...

The coronavirus (COVID-19) pandemic and the resulting lockdowns have created a deep global recession, induced massive government interventions and forced a change in the social and economic behaviour of economic agents. This raises many questions about the path to economic recovery and the...

Topics: - International spillovers and spillbacks from monetary, macroprudential and fiscal policies; - Global determinants of low interest rates and inflation; - Financial risk-taking in a global environment of low interest rates; - Policy challenges in managing large and volatile cross-border...

Theoretical and empirical macroeconomic papers on the following topics are particularly welcome: - the role of fiscal policy as a stabilising tool, with a particular focus on fiscal policy stabilisation in monetary unions; - the role of fiscal policy in fostering convergence and competitiveness...

The role of fiscal policy for business-cycle stabilisation and for risk sharing in a monetary union is a matter of interest for both policymakers and academics, especially in view of the financial crisis in Europe of past years. The aim of the conference is to explore this role, accompanied by...

Topics: - International macroeconomics and stabilisation policy - International financial architecture - Currency and financial/debt crises - Exchange rates, policy regimes and currency unions - Trade, Finance and Macroeconomic Dynamics - Currency and international financial markets