

Thematic BlogSpot - Inventory of Central Banks’ Challenges in Times of Secular Stagnation
With nominal interest rates at (or close to) 0 in major economies since 2009 (IMF, 2009), risks of secular stagnation (see our WS...


BlogSpot - October 6th, 2014
The ECB between prudence and effectiveness At the latest Governing Council, Mario Draghi stressed the need for the ECB to work on...


BlogSpot - March 28th, 2014
The travails of monetary policy Exits and spillovers… Adair Turner (Project Syndicate) looks at how central banks will achieve a final...
Article - Rethinking Central Bank intervention after unconventional monetary policies
There is a general consensus that the unconventional monetary policies implemented by the world’s major central banks in response to the...