The Monetary Policy Essay Prize 2020

17th January 2020

“Is monetary policy exhausted? Is it possible that the state cannot create extra money balances? In your answer discuss in detail the methods by which the state – understood to include both the government and the central bank – can create new money balances and the implications for the economy of those different methods.”

Entries should be no longer than 2,500 words long.

All entries to the competition should be submitted by 11.59pm on Friday 17th January 2020.

The winning entry will receive a prize of £1,000. There is also a second prize of £300 and a third prize of £200.

If you wish to enter, visit the IEA website.