Dear colleagues please find attached a call for papers related to inflation. SUERF and the OeNB look very much forward to your submissions! Kind regards Ernest Gnan Prof Dr Ernest Gnan Counsel to the Board and Head, Economic Analysis Division Oesterreichische Nationalbank PO box 61, 1011 Vienna, Austria ernest.gnan@oenb.at<mailto:ernest.gnan@oenb.at> +43 1 40420 7400 Secretary General, SUERF – The European Money and Finance Forum www.suerf.org<http://www.suerf.org/> [cid:image001.jpg@01D80BA3.FA3AEC50]<https://www.suerf.org/call-for-papers/8949/colloquium2022> Call for Papers Call for Papers for the 35th SUERF Colloquium and 49th OeNB Annual Economic Conference: The Return of Inflation?<https://www.suerf.org/call-for-papers/8949/colloquium2022> Motivation After several years of persistently low, and below-target, inflation rates, since 2021 inflation has been increasing markedly. Despite variations across regions, this development is global. Several driving factors can be identified: the vigorous post-COVID economic recovery; disruptions in global value chains for intermediate and final goods, partly due to short-term COVID-related factors, partly due to a possible reversal of globalization; cycles in commodity and energy production and prices, which may in part also be related to actual or anticipated climate protection measures; shifts from services to goods demand; labor market shortages due to COVID-induced structural changes in labor demand and supply. In policy and academic circles, a key issue being discussed is the extent to which current inflation, and the pressures producing it, are temporary in nature or are more entrenched. This hinges in part on the impact current headline inflation has on expectations and wage-setting. Central banks worldwide have come under pressure to normalize their monetary policy stances. The risk of missing a timely response to inflation becoming entrenched, and of a de-anchoring of inflation expectations, contrasts with concerns of prematurely strangling the economic recovery, in the light of persistent uncertainties regarding the further course of the pandemic. In addition to the large uncertainties stemming from the factors above, the interplay between monetary policy, fiscal policies and financial stability has become more complicated in the post-COVID world of high debt, high asset market valuations and climate challenges, which potentially hamper central banks’ perceived anti-inflationary resolve. Against this background, among the multitude of relevant sub-themes, this conference will concentrate on five topics: secular drivers of inflation in the post-COVID world; the role and measurement of inflation expectations; insights from the analysis of micro price data; the potential impact of climate change and climate protection on inflation; the role of policy, notably changes in central banks’ strategies, and the interaction between monetary policy, fiscal sustainability and financial stability on central banks’ reaction functions. We welcome scientific theoretical and empirical papers which fit into the overall theme of the conference, and contributions on the following, non-exhaustive list of themes: * Secular drivers of inflation: (de)globalisation, ageing, productivity etc. * Short- and long-term impact of climate change and climate protection on inflation * Inflation perceptions, inflation expectations measurement and formation, and their role for macroeconomic outcomes, including inflation * Role of cost-push versus demand shocks for inflation, and implications for monetary policy * Wage setting, firms’ margins, the Phillips curve and inflation * Political economy and game theoretical analyses of inflation * Temporary vs. more entrenched inflationary pressures, and implications from this distinction * Analysis of price setting and inflation based on micro price data * Behavioural and distributional aspects of inflation * Central bank behaviour, monetary policy strategies (including their reviews) and inflation performance * Short- and long-term drivers of energy prices, commodities, energy price forecasting * Inflation forecasting, in particular in a post-Covid world * Links between consumer and asset price inflation * Inflation measurement, inclusion of owner-occupied housing in consumer price inflation * What are the drivers and risks of fiscal dominance? Further information about the content and application can be found at: www.suerf.org/call-for-papers/8949/colloquium2022<http://www.suerf.org/call-for-papers/8949/colloquium2022>. Important Dates Paper submission deadline: 1 March 2022 Please submit your paper by e-mail attachment in pdf format to SUERF at suerf@oenb.at<mailto:suerf@oenb.at> by 1st March 2022. Notification of acceptance: 15 April 2022 Submitted papers will be assessed by a jury of top academics, policy makers and financial practitioners among SUERF’s Council of Management. 35th SUERF Colloquium and 49th OeNB Annual Economic Conference: 23-24 May 2022, hybrid I Vienna The Marjolin Prize – Special Award to Young Researchers<https://www.suerf.org/marjolin-prizes> The author(s) of the winning paper selected by SUERF’s Council of Management will be awarded the Prix Marjolin<https://www.suerf.org/marjolin-prizes> (EUR 2,500). To qualify for the prize, the authors must be no older than 40 on May 24th, 2022. The winning authors are invited to publish a short non-technical policy-oriented version of their paper as SUERF Policy Brief<https://www.suerf.org/policynotes>. Please feel free to circulate this Call for Papers to your colleagues and other interested parties. SUERF - The European Money and Finance Forum c/o OeNB, Otto-Wagner-Platz 3, A-1090 Vienna<https://maps.google.com/?q=Otto-Wagner-Platz+3,+A-1090+Vienna&entry=gmail&source=g> Tel: +43 1 40420 7216<tel:+431404207216> - E-mail: suerf@oenb.at<mailto:suerf@oenb.at>. [Suerf On Twitter] <https://twitter.com/suerf_org> [Suerf On LinkedIn] <https://www.linkedin.com/company/suerf---the-european-money-&-finance-forum> Diese E-Mail kann vertrauliche Informationen enthalten und irrtümlich an Sie gelangt sein. In diesem Fall informieren Sie bitte sofort die Absenderin bzw. den Absender und vernichten Sie diese E-Mail. Das unerlaubte Kopieren sowie die unbefugte Weitergabe dieser Mail oder von Teilen dieser Mail sind nicht gestattet. 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