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CREI - Macroeconomics

Monetary and Fiscal Policies for Productivity Growth

How to Drive Productivity Growth Amidst the Green Transition and Technological Change

10h (5 days)

€675 - €1,175

Face to Face

English

Program date: June 30 - July 4, 2025

Early bird deadline: April 15, 2025

Learn more

Monetary and Fiscal Policies for Productivity Growth

Applications for 2025 Summer School programs are now open!

Apply

Summer school

CREI - Macroeconomics

Monetary and Fiscal Policies for Productivity Growth

This course examines how monetary and fiscal policies affect productivity growth, focusing on managing the green transition, addressing employment challenges from AI and automation, and overcoming growth barriers from high public debt and fiscal stagnation.

Teaching Faculty

Are you interested in economic productivity and related macroeconomic policies?

This course is particularly relevant for:

Policymakers, especially those working in central bankers and fiscal authorities.
Students researching the relationship between macroeconomic policies and productivity growth.

Explore advanced theoretical and empirical tools to address future challenges in macroeconomic policy design

Participants who take this course will:

Analyze the factors influencing productivity growth, in light of recent technological advancements.
Examine the relationship between monetary and fiscal policies and productivity growth, with a focus on their roles during the green transition.
Evaluate the implications of artificial intelligence and automation on productivity and employment.
Explore the concept of fiscal stagnation and its implications for productivity growth, public debt, and the effectiveness of EU fiscal rules.

Program Syllabus for Monetary and Fiscal Policies for Productivity Growth

Here is an outline of the topics that will be discussed during the course

Course Outline

Monetary and fiscal policies for the green transition.
Artificial Intelligence and Technological Unemployment.
Public debt and fiscal stagnation.

List of References

Various references will be mentioned during the course. Some examples are:

Articles

Fornaro, L.; Guerrieri, V. and Reichlin, L. (2024), “Monetary Policy for the Energy Transition”, BIS report.
Fornaro, L.; Wolf, M. (2024), “Fiscal Stagnation”, CREI working paper.
Benigno, G.; Fornaro, L. (2018), “Stagnation Traps”, Review of Economic Studies.
Fornaro, L.; Wolf, M. (2022), “Monetary Policy in the Age of Automation”. CREi working paper.
Fornaro, L.; Wolf, M. (2023), “The Scars of Supply Shocks”, Journal of Monetary Economics.

Why join our Summer School?

All BSE Summer courses are taught to the same high standard as our Master’s programs. Join us to:

1

Network with like-minded peers.

2

Study in vibrant Barcelona.

3

Learn from world-renowned faculty.

Admissions and requirements

Applicants must ensure they meet course requirements or verify eligibility with Admissions Counselors

Program date: June 30 - July 4, 2025

Early bird deadline: April 15, 2025

Requirements

Summer School applicants normally demonstrate one or more of the following:

A strong background in Economics or a field closely related to the course topic (Statistics, Law, etc.).
Postgraduate degree or current Master’s/PhD studies related to the course topic.
Relevant professional experience.

Requirements for Monetary and Fiscal Policies for Productivity Growth

Participants must have completed or be close to completing a Master’s Degree in Economics.

Apply now

Schedule

Here is your schedule for this edition of CREI Macroeconomics Summer School, Monetary and Fiscal Policies for Productivity Growth course

Time

30

mon

1

tue

2

wed

3

thu

4

fri

9:00-11:00

Lecture

Credit transfers (ECTS)

ECTs are not available for this course.

Certificate of Attendance

Participants will receive a Certificate of Attendance free of charge. Participants will not be graded or assessed during the course.

Fees for 2025

Multiple course discounts are available, see more information about available discounts. Fees for courses in other Summer School programs may vary.

Course

Monetary and Fiscal Policies for Productivity Growth

The Data Economy: Tools and Applications

The Macroeconomics of Credit and Asset Bubbles

Numerical Methods for Fiscal and Monetary Policy Analysis

Climate Change, Firms, and the Green Transition

Quantitative Methods for Spatial Economics

Sovereign Debt Crises: Theory, Evidence and Policy

POLICYMETRICS: Econometrics for Macroeconomic Policy Making

Modality

Face to Face

Total Hours

10

15

10

15

ECTS

0

Regular Fee

1,175€

1,375€

1,175€

1,375€

Reduced Fee*

675€

775€

675€

775€

FAQ’s

Need more information? Here are some commonly asked questions by participants. Any further queries, please contact our Admissions Team.

Is accommodation included in the course fee?

Accommodation is not included in the course fee. Participants are responsible for finding accommodation.

Are the sessions recorded?

Sessions will be recorded and videos will be available for a month once the course has finished.

How much does each Summer School course cost?

Fees for each course may vary. Please consult each course page for accurate information.

Are there any discounts available?

Yes, BSE offers a variety of discounts on its Summer School courses. See more information about available discounts or request a personalized discount quote by email.