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Central Bank Digital Currencies

Recent research suggests that Central Bank Digital Currencies can increase GDP, raise the efficiency of retail payments and render a negative interest policy more effective. But what are Central Bankers saying?


A wealth of information on the 1%

In 2007 which European country had wealth close to 40% of its GDP hidden in Panama? For which European country Switzerland was the main tax haven?


The empirics of the natural rate of interest

New research on alternative specifications of r*.


Replacing LIBOR

The CEO of the Financial Conduct Authority has called for the replacement of LIBOR by the end of 2021. The Federal Reserve is proposing three alternative benchmarks to the US Dollar LIBOR.

Economic Science

Ten most read posts in August

A list of commentaries and research papers which got the highest number of views during August 2017.


Labor Day: a check-in on wages

How have wages fared in Europe and the US.

International Economics

From hyperglobalization to protectionism

The changing landscape of global trade.


New and noteworthy books in economics (September)

Four notable new books on: heterodox economics, asset prices and diversity.


Market power

As US economic growth remains subdued some economists argue that monopoly power might be the culprit.


The problem with the US debt

Why lack of coordination between monetary and fiscal policies in the presence of rising fiscal imbalances can be detrimental for the economy.

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