Thematic Platform "European Integration and Global Governance"


Project lead: Stefan Schiman-Vukan
Framework Service Contract for the Provision of External Expertise in the Field of Monetary and Economic Affairs
Current research studies (work in progress)
Study by: Austrian Institute of Economic Research – Hertie School gGmbH – Queen Mary University of London – German Institute for Economic Research
Commissioned by: European Parliament
The European Central Bank (ECB) is independent in the conduct of monetary policy. However, it is accountable to the Committee on Economic and Monetary Affairs of the European Parliament. This is implemented via the "Monetary Dialogue". Every three months, the President of the ECB or, occasionally, another member of the ECB's Executive Board appears before the Committee to report on monetary policy and answer questions from Members of Parliament, who are informed in advance by experts. WIFO is part of a consortium of institutes that provides the Committee with independent expert advice on monetary and economic policy for the period 2020-2024.
JEL-Codes:E58, E52, E31
Research group:Macroeconomics and Public Finance