EABCN Conference on Inflation Developments after the Great Recession

  • Conference Call
  • 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.

    Con­fer­ence Theme

    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.

    Con­fer­ence Topics

    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.

    Paper Submission

    Authors who are CEPR mem­bers can upload their sub­mis­sion on www​.cepr​.org/​y​o​u​r​p​r​ofile. Authors who are not CEPR mem­bers can email their sub­mis­sion to meets@​cepr.​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.

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