Objective and topics: The European banking sector and financial system have evolved greatly over the last decade. Fundamental changes include the adoption of new technology in the provision of banking services, disintermediation, financial liberalisation, the emergence of new financial...

This conference will provide an opportunity for researchers to discuss a wide range of theoretical and empirical issues regarding alternative options central banks face when defining their price stability objective. Research papers on the optimal level of inflation; on the zero bound on nominal...

Topics: • Payments and monetary stability • Payments and the macroeconomy • Systemic risk in payments • The future of payments • Recent developments in market infrastructure • Recent developments in payment economics • The role of central banks in payments

The conference aims to bring together academics, researchers in central banks and policy-makers to discuss the existing empirical evidence on structural changes brought about, either directly or indirectly, by the introduction of the euro in five areas: Trade integration Structural reforms in...

Over the past five years, substantial experience with money market operations by the Eurosystem has been gained. Moreover, from March 2004, further important changes to the Eurosystem's framework for monetary policy implementation have come into effect. In light of these changes, and given the...