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Coronavirus

Central banks face the coronavirus challenge

The debate over the right policy.

Coronavirus

Like the 1970s?

Will the next recession be driven by a supply or a demand shock?

Macro

Which country spends more on R&D?

Trends in R&D spending across regions have changed during the last two decades. The issue of publicly vs. privately funded firm R&D.

Monetary Policy

Evaluating the new monetary policy tools

Will the new monetary policy toolkit enable central banks to counter the next cyclical slump and maintain price stability?

Books

New and noteworthy books in economics (February)

The four books we have selected for this month are on the capital markets union, the state of economics, the tax system and low growth.

Macro

Zombie firms and inflation

Does cheap credit to zombie firms has a disinflationary effect?

Economic Science

Should economists be trusted?

Paul Romer argues that economists of the 60s and 70s might have ruined the economy.

Macro

New research on automation and employment

When looking at the impact of automation on employment at the firm level and on individual workers, the evidence is mixed.

Inequality

The link between inequality and political upheaval

Downward mobility rather than inequality leads to political upheaval, according to two new research papers.

Macro

Fiscal Theory of the Price Level: the latest

Can active fiscal policy be safely  pursued even when monetary policy is active? Do discount rates matter?

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