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 workshop offers PhD students the possibility to present papers within the fields of monetary policy and financial stability. We welcome theoretical as well as empirical papers, and will consider both completed papers and preliminary drafts. We welcome theoretical as well as empirical papers...

Topics: - Tensions between ex-ante risk allocation and ex-post contagion - Asset pricing from a network perspective - Propagation and amplification of idiosyncratic shocks in networks - Aggregate shocks and transmission in the economy - Cross-border banking and financial integration - Financial...

Suitable paper topics include: - Advances in modeling debt and default (multiple equilibria and equilibrium selection, policy-credibility, term structure, ...) - Alternative debt restructuring procedures and their impact - Costs of default: growth, future access to debt markets, ... -...

The aim of the workshop is to discuss new research on the importance of information frictions for macroeconomic fluctuations. Suitable paper topics include: - Information and sentiments as sources of aggregate movements - Heterogeneity in information, beliefs and expectations - Confidence and...

State space models are a powerful tool to tackle difficult inference and forecasting problems common in economic and financial series. Given the emphasis placed on forecasting and nowcasting in modern central banks and other financial institutions, state space models seem a much under-utilized...

In the last few decades, house prices have undergone major medium-run fluctuations in many industrialized economies. Boom-bust cycles in house prices, coupled with a substantial increase in household indebtedness, have drawn the attention of policymakers and academics towards the developments in...

The questions we want to address at the workshop are: -What are the key factors for understanding total factor productivity (TFP) growth at the disaggregate level (e.g. information and communication technology (ICT) capital/human capital/organizational structure/competition). - What are the...

The aim of this workshop is to discuss recent advances in Bayesian econometric methodology and their applications. We are interested in newly developed inferential tools, as well as empirical applications where existing methods are used in a novel way. Papers which compare different Bayesian...