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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.

2024 Young Economist Prize

Deadline for application: 12 February 2024

What are the topics for 2024 paper submissions?

The theme of the 2024 ECB Forum on Central Banking is “Monetary policy in an era of transformation”. Accordingly, PhD students are invited to submit papers on this theme, including 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 will we select the finalists?

The papers will be 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 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 will be available on the ECB’s website and will be shared with all Forum participants, including policymakers, top academics and market economists from around the world.

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

Their papers will be 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.

Meet Lukas Nord, winner of the 2023 Young Economist Prize!

European University Institute

Shopping, demand composition and equilibrium prices
Poster

“Households can reduce their cost of consumption by comparing prices across stores. In response, retailers set lower prices if more demand comes from buyers who compare prices carefully. This mechanism reduces inequality and affects how retail prices respond to aggregate shocks.”

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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 held in Sintra, Portugal.

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