Submission deadline: 31 May 2017

Call for Papers

Understanding inflation: lessons from the past, lessons for the future?

21-22 September 2017, Frankfurt am Main

Many countries have seen low inflation in recent years, and both structural and cyclical factors seem to have contributed to this. The aim of the conference is to enhance our understanding of the drivers and dynamics of inflation and of inflation expectations, to draw conclusions from the most recent low inflation environment as well as from earlier episodes, and to discuss lessons for the future. The conference is intended to provide a forum for discussing innovative research and to facilitate exchanges of views between researchers and policymakers.

The conference will be hosted by the European Central Bank (ECB) in Frankfurt am Main on 21-22 September 2017.

Suggested topics

Theoretical and empirical papers on the following topics are particularly welcome:

  • structural and reduced-form models of the inflation process
  • causes of inflation persistence
  • measurement of inflation and understanding inflation dynamics: the use of micro price data and other big data
  • inflation through the lens of (global) Phillips curves and the international dimension of inflation
  • structural determinants of inflation dynamics and trend inflation, during and after the crisis
  • exchange rate and oil price pass-through to inflation
  • determinants of inflation expectations, expectation formation mechanisms and repercussions for the evolution of inflation
  • determinants of inflation differentials in a monetary union

The scope of the conference is not limited to the topics listed above, and submissions on other related topics are also welcome. The conference material will be made available on the ECB’s website.

Keynote speakers

Alberto Cavallo (Massachusetts Institute of Technology) and Yuriy Gorodnichenko (University of California, Berkeley)

Submissions of papers and deadline

Papers should be submitted in PDF format to Each submission should include the name and email address of a nominated author who will present the paper.

The deadline for submission is 31 May 2017. Please indicate in your submission whether you are willing to discuss a paper.

Submissions from young economists are also encouraged.

Selection process and conference participation

All papers submitted on time will be reviewed by the conference organisation committee with respect to their quality and how well they fit the conference theme, as well as the overall balance of topics and approaches.

The authors of the accepted papers will be notified by 14 July 2017. Notifications will only be sent to the authors of accepted papers.


Reasonable travel and accommodation expenses of the presenters of accepted papers and discussants will be covered by the ECB. Participants from central banks and other official institutions will be expected to cover their own expenses.

Conference organisation committee

Michael Ehrmann
Eliza Lis
Carlos Montes-Galdon
Christiane Nickel
Chiara Osbat
Philip Vermeulen