Negative interest rates and bank lending
Two contrasting views on whether negative policy rates increases or decreases bank credit.
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?
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.
Dispelling some myths about gender differences
Women in powerful positions: are they different than men?
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.
Is European credit risk mispriced?
Long term real interest rates fell below zero in all euro area countries.
Forward guidance: is it always effective?
International evidence on which types of forward guidance are ineffective or even have a counterintuitive impact.
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.
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?