History
The Konstanz Seminar on Monetary Theory and Policy was founded in 1970 by Karl Brunner.
At the time, Brunner taught at Ohio State University and regularly spent the summer at the University of Konstanz. His aim was to create a small, intensive forum in which younger European economists and central bankers could engage directly with leading international researchers in monetary economics.
From the outset, the Seminar combined advances in economic theory with empirical analysis and discussion of their implications for monetary and economic policy. The format has remained deliberately small: around 40 invited participants, including academics, junior researchers, central bankers, and other economists, meet for extensive presentations and open discussion.
Following Karl Brunner, the Seminar has been shaped by organizers including Allan H. Meltzer, Manfred J. M. Neumann, Jürgen von Hagen, and Keith Kuester. It is supported by the non-profit Verein Konstanzer Seminar e.V., based in Bonn, with a longstanding emphasis on maintaining the Seminar’s academic and institutional independence.
More than five decades after its founding, the Konstanz Seminar continues the format established by Brunner: a small international meeting devoted to research, policy, and substantive discussion in monetary economics.
Policy speakers
An integral part of the Seminar is its policy discussion. Recent policy speakers have included:
- 2025 — Athanasios Orphanides, MIT; former Governor, Central Bank of Cyprus
- 2024 — Joachim Nagel, President, Deutsche Bundesbank
- 2023 — Claudia M. Buch, Vice-President, Deutsche Bundesbank
- 2022 — Christopher J. Waller, Governor, Federal Reserve Board
- 2021 — Rolf Strauch, Chief Economist and Management Board Member, European Stability Mechanism
- 2019 — Fritz Zurbrügg, Vice President, Swiss National Bank
- 2018 — Sylvain Leduc, Deputy Governor, Bank of Canada
- 2017 — Jens Weidmann, President, Deutsche Bundesbank
- 2016 — Loretta Mester, President and CEO, Federal Reserve Bank of Cleveland
- 2015 — Andrzej Rzońca, National Bank of Poland; Member of the Monetary Policy Council
- 2014 — Klaas Knot, President, De Nederlandsche Bank
- 2013 — Erdem Başçı, Governor, Central Bank of the Republic of Turkey