Newsletters

Banking

Negative interest rates and bank lending

Two contrasting views on whether negative policy rates increases or decreases bank credit.

Macro

Economists’ views on the anniversary of the fall of the Berlin wall

Did the fall of the Berlin wall destroy the social-democratic compact or did it push Western economies further down the socialist path?

Macro

Alt-labor

In the US, traditional unions have been stymied, but workers are finding new ways to organize.

Macro

The productivity of leisure

In most OECD countries leisure time has been increasing. New research finds that leisure productivity has been increasing as well leading to unexpected welfare gains.

Macro

Dispelling some myths about gender differences

Women in powerful positions: are they different than men?

Economic Science

On economics

Akerlof on macroeconomics during the last 60 years and new research on why the concept of equilibrium in economics might have serious problems.

Financial Markets

Is European credit risk mispriced?

Long term real interest rates fell below zero in all euro area countries.

Monetary Policy

Forward guidance: is it always effective?

International evidence on which types of forward guidance are ineffective or even have a counterintuitive impact.

Eurozone

The search for a euro area safe asset

New research on a E-bonds model and an evaluation of the four current approaches to creating a euro safe asset.

Inequality

Chile: an extreme economy

The Chilean economy was considered Latin America’s most prosperous and law-abiding country. Why then did the Chilean government shot and killed 16 people in two days of socially motivated riots?

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