Young Economist Prize
Young economists can play an important role in shaping the future of Europe. Every year we recognise this through the Young Economist Prize, a research competition that offers talented students the chance to share their fresh perspectives on today’s challenges.
Finalists are invited to the annual ECB Forum on Central Banking, and the overall winner is awarded €10,000.
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2024 Young Economist Prize
What were the research topics for the 2024 Young Economist Prize?
The theme of the 2024 ECB Forum on Central Banking was “Monetary policy in an era of transformation”. PhD students were invited to submit papers on this theme for the 2024 Young Economist Prize, including on the following topics:
- the rise and fall of inflation in the euro area – past, present and future
- monetary policy cycles
- euro area productivity in the short and long run
- the economics of biodiversity
- drivers of equilibrium interest rates
- geopolitical shocks and inflation
Papers on other topics relevant to euro area central banking (including monetary policy, new means of payment and payments infrastructures, the deepening of Economic and Monetary Union, the functioning of the euro area economy and financial system, financial stability, and banking regulation and supervision) were also considered.
How did we select the finalists?
The papers were assessed using three selection criteria: (i) innovative thinking and scientific merit, (ii) relevance for ECB/euro area policies, and (iii) pertinence to the Forum theme and aforementioned topics, also taking into account the information provided in the entrant's CV and recommendation letter.
What will the finalists do at the Forum?
The selected finalists had the unique opportunity to attend the ECB Forum on Central Banking from 1 to 3 July 2024. Their research papers have been available on the ECB’s website and were shared with all Forum participants, including policymakers, top academics and market economists from around the world.
During the Forum, the finalists had the opportunity to attend a varied programme of panel discussions and expert talks.
Their papers were assessed by a jury of top academics and senior ECB staff, taking into account votes to be cast by Forum participants. Please see the prize rules and privacy statement for further details.
The call for papers closed on 12 February 2024.
Congratulations to Tsvetelina Nenova from London Business School, the winner of the 2024 Young Economist Prize!
Global or Regional Safe Assets: Evidence from Bond
Substitution Patterns
Poster
“Different roles of safe assets in international portfolios imply different spillovers from US and euro area monetary policies. US Treasuries affect investments across global risky bonds. German Bunds trigger spillovers, mostly within the euro area government bond market.”