For central banks, sound scientific research forms the basis for good-decision making in a very complex setting and as such also lends weight to the voices of central banks in the public discourse as well as in the various decision-making bodies they belong to.
The importance we attach to research is also underlined by the fact that this conference has been hosted by two central banks, and I would like to thank the Banque de France for the excellent cooperation and for making this event possible. The topic of this conference “Fiscal and Monetary Policy Challenges in the Short and Long Run” is an evergreen.