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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.

2022 Young Economist Prize

What are the topics for 2022 paper submissions?

The theme of the 2022 ECB Forum on Central Banking is “Challenges for the post-pandemic economy”. Accordingly, PhD students are invited to submit papers on this theme, including the following topics:

  • the short and long-term consequences of the pandemic on the labour market and modes of work, including on human capital accumulation and productivity;
  • energy markets in the post-pandemic economy, especially the effects of energy price volatility on inflation and inflation expectations;
  • globalisation, value chains, production networks and international trade in the post-pandemic economy, in particular the impact of supply bottlenecks on structural and stabilisation policies;
  • commercial and residential real estate markets in the post-pandemic economy, in particular boom-bust cycles and the implications of cross-country heterogeneity in real estate markets for prudential and macroeconomic stabilisation policies;
  • the role of inflation expectations in monetary policy decisions;
  • central bank digital currencies and crypto-assets, and their implications for the conduct of monetary policy.

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) will also be considered.

How do we select the finalists?

The papers are assessed using three selection criteria: (i) innovative thinking and scientific merit, (ii) relevance for euro area policy, and (iii) pertinence to the Forum theme and aforementioned topics, also taking into account the information provided in the CV and recommendation letter.

What will the finalists do at the Forum?

The ten selected finalists will have the unique opportunity to attend the next ECB Forum on Central Banking, which will take place from 27 to 29 June 2022. The work of the selected finalists, as well as research posters summarising the main findings of their papers, will be displayed on the ECB’s website and shared with all Forum participants, including policymakers, top academics and market economists from around the world.

During the Forum, finalists will have the opportunity to attend a varied programme of panel discussions and expert talks.

The finalists’ papers and research posters are assessed by a jury of top academics and senior ECB staff, taking into account votes cast by Forum participants. Please see the prize rules for further details.

Do you want to be a part of it?

Apply now!

Congratulations to Diego Känzig from London Business School, the winner of the 2021 prize!

After the 2021 Forum, which was based on the topic “Beyond the pandemic: the future of monetary policy”, our moderator Claire Jones conducted an interview with Diego, in which he explained why his paper is relevant for policymakers and the economy.

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ECB Forum on Central Banking

The ECB Forum on Central Banking is an annual event organised by the European Central Bank and is ordinarily held in Sintra, Portugal.

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