Young economists’ competition
ECB Forum on Central Banking
28-29 September 2021
Every year the European Central Bank (ECB) invites PhD students to enter its young economists’ competition. Finalists are invited to the ECB Forum on Central Banking where they are given the unique opportunity to present their research and engage with policymakers and top academics from around the world.
The theme of the 2021 ECB Forum on Central Banking is “Beyond the pandemic: the future of monetary policy”. Accordingly, PhD students are invited to submit papers on the following topics:
- the consequences of corporate, public and household indebtedness for macroeconomic stabilisation after the coronavirus (COVID-19) pandemic;
- the heterogeneous impact of the coronavirus (COVID-19) pandemic in terms of business dynamics, productivity and wages and its implications for the relative importance of different sectors and firms;
- the implications of climate change and the carbon transition for monetary policy and central bank operations.
Papers on other topics relevant to central banking (including monetary policy, the deepening of the European 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.
The ECB’s Directorate General Research, under the auspices of the Forum’s Steering Committee, will choose a maximum of ten (10) finalists to attend this year’s ECB Forum which will be held online. The selected finalists will have the opportunity to display the main findings of their research on the ECB’s website and during the Forum, where they will be able to hear from policymakers, top academics and market economists from around the world.
During the Forum, the finalists’ papers and posters will be assessed by a jury of top academics and senior ECB staff, taking into account votes cast by Forum participants. The winner of the competition will be announced by the President of the ECB during the Forum and will be awarded a prize of €10,000.
Who can participate?
Students currently employed by, or collaborating with, the ECB or a national central bank of the European System of Central Banks (ESCB) are not eligible to participate in the competition. Co-authors of eligible papers should either be students or have completed their PhD no more than five (5) years ago.
Candidates and their work must comply with the professional, legal and ethical standards set forth in the European Code of Conduct for Research Integrity.
Students of any nationality who are currently enrolled in a PhD programme in economics or finance are invited to participate. Applications from female candidates are particularly welcome. The ECB is an inclusive institution that strives to reflect the diversity of the population it serves. You are encouraged to apply irrespective of age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics.
How to apply?
To enter the competition, please submit your application – containing your research paper and an up-to-date curriculum vitae (CV) – via this submission form and ask your supervisor to send a recommendation letter to [email protected] no later than 23:59 CEST on 30 May 2021. Please answer all questions and provide each of the specified documents to ensure the validity of your submission.
By applying to enter the competition, you agree to comply with its rules. If you have any questions or require any further details, please send an email to [email protected].
How will the finalists be selected?
The papers will be assessed against two selection criteria: (i) innovative thinking and scientific merit, and (ii) European policy relevance, also taking into account the information provided in the CV and recommendation letter.
Successful candidates will be notified and receive further information about the Forum in the course of July 2021.
Change naming conventions to:
“EFCB 2021_Firstname Lastname_CV”
“EFCB 2021_Firstname Lastname_Paper”