The aim of the conference is to provide an economic forum for debate on economic policy issues relevant in the European context. The Conference will focus on two main challenges for economic policies: - monetary policy normalisation - political economy of fiscal policies.

The Conference will focus on the effects and policy implications of balance sheets misalignments for the EU economies. The financial crisis brought into light that balance sheets are not neutral: their size and composition matter for the response of the economy to shocks, for the impact of...

Topics: - The tradeoff between the speed of fiscal consolidation and the strength of anti-cyclical policy in the current macroeconomic environment and in general, - The roles played by different fiscal policy instruments, - The effects of anti-cyclical policy in theory and in practice, -...

Conference Programme: - Fiscal policy in a currency union - Sustainable fiscal policy within a currency union - The dynamics of sovereign debt crises in a monetary union - Public debt and changing inflation targets - Unresolved fiscal stress and uncertainty in inflation targets - Optimal...

Conference Programme: - Fiscal policy and the great recession in the euro area - Fiscal policy, default risk and euro area sovereign bond spread - Classical time-varying FAVAR models: estimation, forecasting and structural analysis - When is quantitative easing effective? - Exit strategies -...