Parlamento Europeo

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Monetary Dialogue - 18 March 2021

Topic 1 - Recalibrated Monetary Policy Instruments to Address the Economic Fallout from COVID-19

COMPILATION OF PAPERS (PDF - 4 MB)
Unconventional Policy Instruments and Transmission Channels: A State-Contingent Toolbox for the ECB – Luigi BONATTI, Andrea FRACASSO, Roberto TAMBORINI (University of Trento) (PDF - 980 KB)
Thinking Beyond the Pandemic: Monetary Policy Challenges in the Medium- to Long-Term – Marek DABROWSKI (CASE – Center for Social and Economic Research) (PDF - 1 MB)
Monetary Policy During the Pandemic: Fit for Purpose? – Christophe BLOT (Sciences Po-OFCE, Université Paris Nanterre), Caroline BOZOU (Sciences Po-OFCE), Jérôme CREEL (Sciences Po-OFCE, ESCP Business School) (PDF - 744 KB)
The ECB’s Measures in Support of the COVID-19 Crisis – Pierpaolo BENIGNO (University of Bern), Paolo CANOFARI (Università Politecnica delle Marche), Giovanni DI BARTOLOMEO (Sapienza Università di Roma), Marcello MESSORI (Luiss Guido Carli) (PDF - 792 KB)

Topic 2 - Path to Recovery: Dangers of Cliff Effects