The Euro Area Business Cycle Network (€ABCN) is kindly inviting you to participate in a Conference on Inflation Developments after the Great Recession, held December 6 – 7, 2013 in Frankfurt, Germany.
Inflation is at the moment under control in most of the developed world. Actually, in some areas there are deflation risks and in others active policies are in place to exit from deflation. However, rising fiscal deficits and public debt and unconventional monetary policy may have inflationary effects in the medium run, though the transmission mechanisms are still unclear and the uncertain environment makes it difficult to project future effects and developments in inflation expectations.
This conference will focus on empirical and theoretical contributions providing an assessment of various issues related to inflation developments, offering new perspectives on structural analysis, forecasting and economic policy design and assessment.
Possible topics include:
- Heterogeneity of inflation/inflation expectations in a monetary union
- Implications of rising fiscal deficits and public debt for inflation
- National and international effects of unconventional monetary policy on inflation, asset prices, commodity prices
- Measurement and drivers of global liquidity
- Shock transmission/monetary policy effectiveness in uncertain times, effects of inflation uncertainty
- Deflation risks in the euro area
- Non‐linearities in the development of inflation
- Determinants of inflation expectations
- Models to now‐ and forecast inflation
- Distributional effects of inflation
Both theoretical and empirical papers are suited, and applications on the euro area are particularly welcome. Authors of successful submissions and accepted participants will be notified by mid October 2013 at the latest.
Authors who are CEPR members can upload their submission on www.cepr.org/yourprofile. Authors who are not CEPR members can email their submission to firstname.lastname@example.org. Please indicate in your email whether you will be able to cover your own travel and accommodation costs, or whether you will require funding from EABCN and also if you would be willing to act as a discussant.
Funding and Travel Expenses
The event is hosted by the Bundesbank and sponsored by the EABCN. Limited funding is available for travel expenses for academic participants presenting or acting as discussants. Expenses will be reimbursed according to the standard CEPR travel guidelines. Costs will not be covered for central bank participants.