Author: e-axes

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“Should policymakers care about inequality?”

…not the answer you would expect!

Economic Science

Rethinking… everything!

What lessons did we draw from the financial crisis and how they affect monetary and fiscal policies and financial regulation.

Monetary Policy

On forward guidance

Does central bank communication create more confusion? Recent research on the forward guidance puzzle.

Economic Science

To nudge or not to nudge!

Behavioral economics and its discontents.


Bail-ins and bail-outs

Three new working papers on bank resolution frameworks, government guarantees and credibility of bail-in strategies.

Financial Markets

A period of high risk

What are the risks hidden behind the financial markets’ current exuberance… and does “finance benefit society”?

Monetary Policy

Phillips Curve?

Is it time to bury the Phillips curve?


Shadow banking post-crisis

How has post-crisis banking regulation affected shadow banking? The rise of fintech and the challenge of interconnectedness between EU and the US.


After the German elections

Interesting conjectures on the rise of right-wing populism in Germany and suggestions of how to move forward by a prominent group of Franco-German economists.


New and noteworthy books in economics (October)

Our book selections for this month are off the beaten path: a fresh look at Adam Smith’s invisible hand; how did the pursuit of GDP growth emerged as a societal goal; and the pricing of progress.

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