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Monetary Policy

Women in central banking

New research on why there are few women central bankers.

Monetary Policy

How much monetary tightening is in order?

It might be time for central banks in advanced countries to start easing the tightening cycle.

Inflation

Measuring consumer welfare

Innovative research on how to measure consumer welfare and price indices with non-homothetic preferences. Empirical evidence from the US and UK.

Macro

On government debt sustainability

Two brand new papers on public debt capacity and the importance on debt revenue.

Climate

Climate change and r*

What is the impact of climate change on the natural rate of interest? What is the relation between r* and the “green interest rate?”

Markets

On the UK crisis

…was it a regulatory failure or a fiscal event?

Monetary Policy

On monetary policy transmission

New research on how monetary policy is transmitted to the economy when there are heterogeneous banks and incomplete markets; or heterogeneous household with bounded rationality.

Books

New and noteworthy books in economics (October)

For this month we selected four books which help explain current crises: why governments get it wrong? Can central banks achieve a soft landing? What are the ten overlapping and interconnected threats in the near future? What happens when growth is harder to come by?

Economic Science

Thoughts on this year’s Nobel Prize

Insights, criticism  and an interesting vignette.

Climate

A candid look at carbon taxes

New research on why a unilateral carbon tax is not feasible. But is this reasoning misleading and incomplete?

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