Understanding inflation: lessons from the past, lessons for the future?
The aim of the conference, hosted by the European Central Bank (ECB) in Frankfurt am Main on 21-22 September 2017, is to enhance our understanding of the drivers and dynamics of inflation and of inflation expectations, to draw conclusions from the most recent low inflation environment as well as from earlier episodes, and to discuss lessons for the future.
The program will cover structural and reduced-form inflation modelling looking at, e.g. inflation persistence, measurement of inflation, the use of micro price data and other big data, the Phillips Curve and the international dimension of inflation, structural determinants of inflation dynamics and trend inflation, exchange rate and oil price pass-through, determinants of inflation expectations, determinants of inflation differentials in a monetary union.
The conference will provide a forum for discussing innovative research and to facilitate exchanges of views between researchers and policymakers.