Data Science at the Bank of Italy Banca d’Italia is organizing, along with the Federal Reserve Board, the Sveriges Riksbank, the University of Pennsylvania and the Imperial College, a series of webinars on ‘Applied Machine Learning, Economics, and Data Science‘ (AMLEDS) 5.
And, we cannot ignore what is happening to the level of average income while looking at trends in the distribution. In this regard, our goal as central bankers should be clear: We must pursue monetary conditions in which stable prices contribute to maximizing sustainable long-run growth.