Netherlands, Groningen

The Future of European Fiscal and Monetary Policymaking

when 11 July 2016 - 15 July 2016
language English
duration 1 week
credits 3 ECTS
fee EUR 850

When the Maastricht Treaty was signed in 1992, 12 European Countries took the decision to further integrate into the European Economic and Monetary Union (EMU). With a single currency, the euro, and strict fiscal criteria laid down in the Stability and Growth pact, the aim was to facilitate economic exchange among member countries to improve the living standards of all citizens in the Euro area.

Despite the successful introduction of the euro and low inflation rates in the early years, the EMU was confronted with a sovereign debt crisis in 2009. Ever since, economists and policymakers have put forward plans to improve the fiscal stance of the, by now 19, Euro countries.

In this summer school, the objective is to provide an overview of the current state of affairs of scientific theoretical and empirical research in the field of European fiscal and monetary policymaking. The lectures will focus on topics such as the ECB’s conventional and unconventional monetary policies, policy transparency and ECB communication, the need for fiscal coordination and discipline, etc.

The summer school consists of lectures in the morning and class assignments, presentations, and discussions in the afternoon. The programme also offers the possibility to present own research projects (e.g., a master thesis, a thesis proposal, or a research paper).

Course leader

Dr. Richard Jong-A-Pin (University of Groningen)

Target group

Master, Research Master, PhD

Course aim

The objective of the summer school is to provide an overview of the current state of affairs of scientific theoretical and empirical research in the field of European fiscal and monetary policymaking.

Credits info

3 ECTS
Students who are willing to take the exam will receive 3 EC. Otherwise students will receive a certificate of attendance.

Fee info

EUR 850: The fee (€ 850,-) includes:
housing (seven nights);
participation in the programme;
course materials;
coffee, tea and refreshments;
five lunches;
dinners on Sunday and Thursday evenings;
a city tour + formal welcoming ceremony.
EUR 600: The fee (€ 600,-) includes:
participation in the programme;
course materials;
coffee, tea and refreshments;
five lunches;
dinners on Sunday and Thursday evenings;
a city tour + formal welcoming ceremony.

Register for this course
on course website