Archive
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New research on the forward guidance puzzle
Does the forward guidance puzzle really exist?
The return of the zombies
Empirical regularities between the growing incidence of zombie firms and declining interest rates.
Ageing populations and real interest rates
New research on how demographics have impacted the economies of advanced countries and what to expect going forward.
Post-Yellen
Will Jerome Powell, the new Fed Chair, need to hit the brakes or defend the Fed’s independence?
Eurozone’s safe assets
The ESRB Task Force on Safe Assets has just published its report on the feasibility of sovereign bond-backed securities for the euro area.
New and noteworthy books (January)
Four new and noteworthy books on global financial governance, the eurozone, degrowth and agent based models.
The scandals
Two scandals have damaged the World Bank’s reputation and led to the resignation of its Chief Economist, Paul Romer.