Closing the Gaps: The Future of Stabilisation Policies After the COVID-19 Pandemic

Date: Thursday 17th Jun 2021 - Thursday 17th Jun 2021 

Programme Areas:  

Location: 33 Great Sutton St, London, EC1V 0DX, United Kingdom 


Collaborating Institutes: Banca d'Italia, Banca d'Italia, Banca d'Italia 

The Covid-19 pandemic hit in a macroeconomic environment that has been characterised by long-lasting low interest rates, low inflation and (in some cases) low growth. Concerns on both its causes and its policy implications are growing stronger: Why is inflation falling short of central banks’ targets? Are business cycle fluctuations, and the effects of monetary policy, symmetric around some natural level? Does the new macroeconomic environment call for a revision of the strategy and objectives of monetary policy? What is the role that fiscal policies should play in stabilising the economy?

The pandemic has made the challenges facing policymakers in such a low interest rate environment even more demanding.

Marco Del Negro (Federal Reserve Bank of New York and CEPR) and Ricardo Reis (London School of Economics and CEPR) are confirmed keynote speakers.

If you have any difficulties registering for this meeting, please contact Mandy Chan, Senior Events Officer at

The organising committee is composed of Martina Cecioni (Banca d’Italia), Sergio Santoro (Banca d’Italia), Giuseppe Ferrero (Banca d’Italia), Luigi Paciello (EIEF, HEC and CEPR) and Gianluca Violante (Princeton and CEPR).

The programme can be found here: