On the progress of digital euro
In June the European Commission will publish a legislative proposal on principles for the digital euro as the ECB is considering to advance to an experimental phase. Some interesting commentary on the usefulness and design of the digital euro.
Cryptos, Libertarianism, and Twitter
Interesting new research disproves many of the common narratives about crypto investors.
Refugees in the EU
Which country-specific policies attract refugees? What are the short and long-term effects of the refugee inflow on EU economies?
New research on inequality
How has global inequality evolved since 1820? A new methodology to measure within country inequality in real-time.
Labor supply, wages and monetary policy
According to new research, contractionary monetary policy decreases wage inequality and increases labor supply!
New and noteworthy books in economics (May)
The four books we have selected for this month address interesting questions: How did economic crashes affect globalization? What are the realistic paths to sustainability? Why the concept of scarcity is historically novel? How does it feel to be a pioneer in economics?
Uncertainty about the effects of monetary policy
Why economists are still uncertain about the impact of monetary policies and a new way to measure the costs of disinflation policies.
Are “green” policies inflationary?
New research on how different green transition policies impact price stability and the resulting tradeoffs faced by central banks.
Banking deregulation and business credit
What was the impact of the Interstate Banking and Branching Efficiency Act of 1994 on U.S. corporate bankruptcies?