Good morning, The call for papers for the European Central Bank’s young economists’ competition 2020 is now open for PhD students in economics or finance until 15 March. Selected applicants will have the chance to present their research to top policymakers and academics at the ECB Forum on Central Banking in Sintra (Portugal) from 29 June to 1 July 2020 and to win €10,000. This competition is an opportunity for young researchers to contribute to the future of Europe with their innovative research and for universities to enhance their international reputation, as selected finalists become ambassadors representing their respective academic institutions at the ECB’s flagship conference in Sintra. We would be grateful if you could distribute the following to your students via email or other channels: 1. Details of the young economists' competition 2020 call for papers<https://www.ecb.europa.eu/pub/conferences/ecbforum/poster_session/html/index.en.html>, which has also been advertised on our social media channels: Instagram<https://www.instagram.com/p/B8GjhZ2CqwB/>, LinkedIn<https://www.linkedin.com/feed/update/urn:li:activity:6630054009451356160> and Twitter<https://twitter.com/ecb/status/1224288061124685824>. 2. Our current traineeship vacancy<https://www.ecb.europa.eu/careers/vacancies/html/index.en.html> for recent graduates in selected areas of the European Central Bank, which has also been advertised on our social media channels: Instagram<https://www.instagram.com/p/B7oDEL5Chlp/>, LinkedIn<https://www.linkedin.com/feed/update/urn:li:activity:6625755217906421761> and Twitter<https://twitter.com/ecb/status/1219992339114024962>. Please also find attached the visuals we are using to promote the young economists’ competition call for papers in case you wish to use them in your website or social media channels. Please do not hesitate to contact us if you have any further questions. Thank you in advance for your collaboration. Kind regards, Georgina Garriga Sánchez Internal & External Engagement – DG-Communications European Central Bank Sonnemannstraße 20 60314 Frankfurt am Main Tel : +49 (0) 69 1344 95368 http://www.ecb.europa.eu<http://www.ecb.europa.eu/> http://www.youtube.com/ecbeuro https://twitter.com/ecb Young economists’ competition 2020 [cid:image001.jpg@01D5DB7E.562B2CD0] Who can apply? Students of all nationalities who are currently enrolled on a PhD programme in economics or finance are invited to participate. Applications from female candidates are particularly welcome. Students currently employed by, or collaborating with, the ECB or a national central bank within the European System of Central Banks are not eligible. Co-authors of eligible papers should either be students or have completed their PhD no more than five years ago. What is the theme of this year’s competition? The theme of the 2020 Forum is “Central banks in a shifting world”. PhD students are invited to submit papers addressing the following topics: i. the quantitative formulation of price stability and the approaches (including economic and monetary analyses) and instruments by which price stability is achieved; ii. the effectiveness and the potential side effects of the monetary policy toolkit developed over the past decade; iii. how monetary policy should take into account financial stability, employment and environmental sustainability; iv. the macroeconomic and financial implications of structural changes (e.g. an ageing population, slowing productivity, globalisation and potential reversals, evolving financial structures, threats to environmental sustainability) and how they affect inflation and the conduct of monetary policy; v. monetary policy communication practices; vi. the roles of monetary and fiscal policies in a low interest rate environment. Papers on other topics relevant to central banking (including the deepening of the European Economic and Monetary Union, the functioning of the euro area economy and financial system, financial stability as well as banking regulation and supervision) will also be considered. How can students apply? Students should submit an online application<https://register.ecbforum.eu/event/ar/37/ecb-forum-2020-ye> by 15 March and ensure that they answer all the questions on the registration form. They will also need to provide all of the necessary documents by 15 March 2020 in order for their entry to be considered valid. Any e-mail message from the European Central Bank (ECB) is sent in good faith, but shall neither be binding nor construed as constituting a commitment by the ECB except where provided for in a written agreement. This e-mail is intended only for the use of the recipient(s) named above. Any unauthorised disclosure, use or dissemination, either in whole or in part, is prohibited. 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