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IMFS conference papers on ECB Strategy Review

Contributions of IMFS Conference of September 30, 2020 to ECB Strategy Review available as IMFS Study


In the second half of 2021, the European Central Bank (ECB) plans to
complete its comprehensive strategic review of its monetary policy
strategy. The contributions of the IMFS conference "The ECB and Its
Watchers" 2020 will be included in this process as an "Academic
Listening Event". Economists and lawyers, former central bankers and
financial market experts discussed key issues of the strategy review on
the ECB's mandate, instruments and monetary policy strategy. The
conference contributions including videos are summarized in an IMFS
Interdisciplinary Study. The PDF version of the study is available for
download. A free print copy can be requested by sending an e-mail to

With contributions by Christine Lagarde (ECB), Jens Weidmann (Deutsche Bundesbank), Christian Noyer (Banque de France), Jordi Galí (CREI, Universitat Pompeu Fabra and Barcelona GSE), Helmut Siekmann (IMFS), Pablo Hernández de Cos (Banco de España), Lucrezial Reichlin (London Business School), Athanasios Orphanides (MIT Sloan School of Management), Claudio Borio (BIZ), François Villeroy de Galhau (Banque de France), Otmar Issing (Center for Financial Studies), Petra Geraats (University of Cambridge), John B. Taylor (Hoover Institution, Stanford University).

The Institute for Monetary and Financial Stability (IMFS) serves as a hub for interdisciplinary research in economics that is dedicated to improving our understanding of conditions and policies supportive of both price stability and financial stability. The IMFS is a university center of Goethe University located in the House of Finance.