Author: e-axes
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Rethinking industrial policy (Part A)
Industrial policy is no longer a taboo, actually it is taking center stage as countries develop policies to ensure a green, digital, and inclusive recovery after COVID-19.
Economic decision making
Two new research papers on how to model the complexity of economic decisions and its implications for behavior in macro models.
On inflation risk insurance
New research highlighting which financial institutions hedged for inflation risk.
Talk of recession again
Is the U.S. achieving a soft landing? Is China’s economy dangerously slowing down?
The importance of financial stability to monetary policy moves
Are central banks less willing to target inflation when financial markets are in distress?
On the reconstruction of Ukraine
Latest estimates of the reconstruction costs and suggestions of who should pay for them.
Narratives and financial market crashes
Brand new research highlights how media propagate narratives that can lead to stock market volatility and crashes.
Inequality and cost of living
New research on how the assumption of non-homothetic preferences in models with high income dispersion affects the cost of living.
On shadow banking
Could low interest rates and deregulation have contributed to the rise in shadow banking?
The 2022-2023 fiscal policy in the euro area
To mitigate the effect of surging energy prices in 2022 on households and businesses, European countries implemented expansionary fiscal policy measures. What was the effect on the euro area inflation?