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International Economics

On global value chains

Global value chains and their impact on inflation, productivity and trade agreements.

Economic Science

The dismal science

Is criticism against economics driven by a distorted picture of what the profession is today?


A deeper understanding of public debt

Which model to use when studying optimal debt policy? What are the monetary policy trade-offs in an environment of sovereign debt default risk?


An update on central bank digital currencies

Do we need a central bank issued retail digital currency if we already live in a world of digital money and digital payments?


New and noteworthy books in economics (April)

Our selection for April includes two new books on artificial intelligence and the gig economy; Alan Blinder’s book on his “Lamppost theory”; and a book on EU’s view of Brexit.


Housing as an asset

New research on housing returns.

Economic Growth

Economists on Russia

De Grauwe, Milanovic, Piketty and al. on Russia’s economic future and inequality.

Economic Science

Ideas, economics and politics

Dani Rodrik explains the difficulty in understanding whether political outcomes and economic policies are driven by interests or ideas.

Economic Science

Modelling behavior in the face of uncertainty

Hansen, Sargent, Farmer and Syll on how to model decision making under uncertainty.


The evolving Chinese economy

In 2017 consumer expenditures contributed 58.8 % of GDP growth. Monetary policy transmission is becoming similar to that in advanced economies but will the “machine age” turn China’s large population into a handicap?

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