Conferences & Workshops

Inflation Targeting in a World of Large and Persistent Shocks


Many central banks in emerging economies have recently been adopting inflation-targeting regimes to steer inflation towards a target, thus reducing inflation volatility and ensuring macroeconomic stabilization, especially at times of adverse shocks. Although emerging markets differ substantially in terms of inflation targeting policy rules and parameters, operational design and policy tools, the empirical evidence seems to broadly suggest that inflation targeting is effective even in volatile and vulnerable macroeconomic environments. However, the uneven recovery in demand and supply following recent events, such as the pandemic and the war in Ukraine, may generate novel challenges for central banks and governments: How anchored are inflation expectations in this new environment? For how long can central banks rely on inflation anchoring? How to phase out ultra-cheap money in an increasingly fragile real and financial sector? How to choose between risks of over-tightening versus under-tightening? Is an inflation targeting framework useful for tackling these issues?



FINDING THE GAP - Output Gap Measurement in the Euro Area

EUI - Florence

The Euro Area Business Cycle Dating Committee, in collaboration with the Pierre Werner Chair, is organising a conference on potential output and output gap measurement, aiming at shedding light on how theoretical and statistical concepts of potential output and the output gap relate and how to measure them in practice. The focus is the Euro Area - either taken as a whole or, possibly, for different constituent countries - with a particular interest on the relationship between cyclical fluctuations extracted with different methods and gaps.

Program available here

New Challenges to Monetary Policy

02/09/2022 to 03/09/2022
University of Mannheim

The conference covers a broad range of themes related to the conduct of monetary policy. It will bring together recent contributions in this area of research, including studies with a strong theoretical basis and empirical papers. A non-exclusive list of examples of relevant topics includes:
▪ The role of climate change for monetary policy
▪ Monetary policy response to supply-side disturbances and structural change
▪ Monetary and fiscal interactions: monetary policy with high public debt levels
▪ The role of firm, product and consumer heterogeneity for monetary policy
▪ The role of expectations and communication in monetary policy
▪ Digital assets and the unit of account role of money
Ludwig Straub (Harvard University) and Michael Weber (University of Chicago) are confirmed invited speakers.

Challenges in Empirical Macroeconomics since 2020

19/05/2022 to 22/05/2022
Eltville am Rhein, Germany

We welcome submissions from a broad range of themes related to the consequences of the Covid-19 shock for empirical macroeconomics. Topics of the conference include but are not limited to
• Rare events and disaster-type shocks
• Measuring economic uncertainty and its effects
• Nowcasting and forecasting in a changing environment
• Inflation dynamics
• Business cycle measurement
Serena Ng (Columbia University) and Frank Schorfheide (University of Pennsylvania) have confirmed their participation as invited speakers.

The Macro and Micro of Digital Coins and Markets

19/05/2022 to 20/05/2022
National Bank of Ukraine (hybrid)


The 7th annual research conference jointly organized by the National Bank of Ukraine (NBU) and the Euro Area Business Cycle Network (EABCN) will focus on the emerging challenges of public and private competition in payments and decentralized finance along with their legal and regulatory challenges. Confirmed keynote speakers are Prof. Markus Brunnermeier (Princeton University) and Tommaso Mancini-Griffoli (International Monetary Fund).

The organizing committee invites submissions in the following areas (non-exhaustive)
- Monetary Policy effectiveness with public private currency competition
- Trade, FX volatility with cross-border CBDC
- Macroprudential policy for the digital age
- The microstructure of digital financial markets
- New avenues with algorithmic financial products
- Pricing Digital Assets
- The industrial organization of payment platforms: national competition for global players?
- Leapfrogging in emerging economies’ payment infrastructure and instruments

International Research Forum on Monetary Policy: Monetary policy during and after the pandemic

12/05/2022 to 13/05/2022

The twelfth conference organised by the International Research Forum on Monetary Policy (IRFMP) will be hosted by the European Central Bank (ECB) and will be held virtually on 12-13 May 2022

The conference will feature a policy panel chaired by Isabel Schnabel (member of the ECB’s Executive Board) and comprising Loretta Mester (President and CEO of the Federal Reserve Bank of Cleveland), Lucrezia Reichlin (London Business School, EABCN and CEPR) and Refet Gürkaynak (Bilkent University and CEPR). 

Empirical Advances in Monetary Policy

26/10/2020 to 28/10/2020
Banque de France

The conference will cover a broad range of themes related to empirical aspects of monetary policy. 
Simon Gilchrist (New York University), Ricardo Reis (London School of Economics and CEPR) and Stephanie Schmitt-Grohe (Columbia University and CEPR) are confirmed invited speakers. 

For more information please consult the conference webpage

International Research Forum on Monetary Policy

26/03/2020 to 27/03/2020
European Central Bank (ECB) in Frankfurt


Ensuring resilience - role and limitations of monetary policy

The 11th conference organised by the International Research Forum on Monetary Policy (IRFMP) will be held at the European Central Bank (ECB) in Frankfurt on 26 and 27 March 2020. The purpose of the IRFMP is to promote the discussion of innovative research on theoretical and empirical macroeconomic issues with relevance for monetary policy.


New Approaches for Understanding Business Cycles

30/08/2019 to 31/08/2019
University of Mannheim

The conference covers a broad range of themes related to challenges and advancements in understanding business cycle behaviour. George-Marios Angeletos (MIT and NBER), Nir Jaimovich (University of Zurich and CEPR) and Franck Portier (University College London and CEPR) are confirmed invited speakers, and we welcome further relevant submissions.

The program: 

Advances in Business Cycle Analysis

30/05/2019 to 31/05/2019
Bank of Spain

The conference will cover a broad range of themes related to empirical aspects of business cycles. Marc Giannoni (Federal Reserve Bank of Dallas and CEPR), and Lucrezia Reichlin (London Business School and CEPR) are confirmed invited speakers.


for the program.