Surveys on household expectations are a prime source for supporting the analysis of financial stability, monetary policy transmission and the effects of central bank communication. The Bundesbank and Banque de France conference will bring together researchers from academia, central banks, and...

From its very beginning, the Euro area has been characterized by manifold economic heterogeneity, and the recent economic crisis highlights the central role that economic heterogeneity can play, especially when it comes to the transmission of unconventional monetary policy. Therefore, this...

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 -...