Financial stability is emerging as a distinct policy function of central banks, requiring its own scholarship separate from, but related to, monetary policy or bank supervision. One element of financial stability is to understand the benefits of and potential risks posed by new financial...

The workshop will focus more specifically on the following topics: - Monetary Policy in the Euro area - Open Macroeconomics Dynamics and Exchange Rate - Productivity and Potential Output Performances, and Impact of Structural Reforms - Current Account Adjustment - Economic Growth and Convergence