Topics: - The role of central bank communication in the conduct of monetary policy and in ensuring financial stability. Is the role of communication in maintaining price stability and financial stability different? What should be communicated with respect to financial stability? How should...

The objective of the conference is to present state-of-the-art empirical research and empirically motivated theoretical research on household asset accumulation, debt, and consumption behaviour over the life cycle. The focus of the conference is on research that makes extensive use of household...

Topics: - Financial liberalisation and the finance-growth nexus; - Financial linkages and propagation channels of shocks; - Asset price co-movements, bubbles and contagion phenomena; - Financial stability implications of international financial integration and global imbalances; - Global policy...

After eight years of service as Vice-President of the European Central Bank, the mandate of Lucas Papademos will end on 31 May 2010. In order to honour his career both as a distinguished academic and as an eminent central banker, the ECB will host a two-day colloquium entitled “The great...

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

This course will present the methodology of econometric estimation of economic efficiency. We will examine the stochastic frontier model as an econometric extension of the classical microeconomic theory of production and cost at the individual producer level. Basic models for production, cost...

What are the likely employment effects of the new tax credit policies? How might road user charges alter patterns of transport use? Can a change in the provision of pensions affect the decision to retire? How much do policy reforms cost? To what extent are initial costs reduced through...

This three day course will study the specification, estimation, and application of discrete choice models. We will examine theoretical background and practical application of up to date and frontier techniques in the analysis of microeconometric models for discrete data. Actual studies will be...