A focused study group for the discussion of economics and economic policy.
27710 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
27710 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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"Uncertainty can have an important impact on economic activity, but it is not directly observable. This column presents the features of the European Commission’s new index for uncertainty in the economy, based on its EU-wide Programme of _...Read More_
"Uncertainty can have an important impact on economic activity, but it is not directly observable. This column presents the features of the European Commission’s new index for uncertainty in the economy, based on its EU-wide Programme of _...Read More_
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“The greatest obstacle to sound economic policy is not entrenched special interests or rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases held by ordinary voters.”
“The greatest obstacle to sound economic policy is not entrenched special interests or rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases held by ordinary voters.”
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"Unconventional fiscal policy acts as a potential stimulus because higher expected future prices should incentivise spending today. This column shows that the temporary reduction in Germany’s value added tax in the second half of 2020 led _...Read More_
"Unconventional fiscal policy acts as a potential stimulus because higher expected future prices should incentivise spending today. This column shows that the temporary reduction in Germany’s value added tax in the second half of 2020 led _...Read More_
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"The onset of the COVID-19 pandemic triggered a massive spike in uncertainty. This column uses data from panel surveys of US and UK business executives to document how uncertainty over own-firm sales growth rates over the year ahead roughly _...Read More_
"The onset of the COVID-19 pandemic triggered a massive spike in uncertainty. This column uses data from panel surveys of US and UK business executives to document how uncertainty over own-firm sales growth rates over the year ahead roughly _...Read More_
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"High levels of public debt may prevent central banks from fighting inflation. This column examines the conditions under which fiscal dominance – that is, the determination of the price level by the solvency of the government – may emerge. _...Read More_
"High levels of public debt may prevent central banks from fighting inflation. This column examines the conditions under which fiscal dominance – that is, the determination of the price level by the solvency of the government – may emerge. _...Read More_
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"Covid-19 had a substantial impact on financial markets around the world. This column uses granular worldwide data to assess mutual fund portfolio responses to the crisis. The authors find that mutual funds divested from assets considered _...Read More_
"Covid-19 had a substantial impact on financial markets around the world. This column uses granular worldwide data to assess mutual fund portfolio responses to the crisis. The authors find that mutual funds divested from assets considered _...Read More_
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"How does bureaucracy matter for development? Over the last years, an enormous interest in this question has created a large body of research, mostly focused around evidence from field experiments and micro-level administrative data. This _...Read More_
"How does bureaucracy matter for development? Over the last years, an enormous interest in this question has created a large body of research, mostly focused around evidence from field experiments and micro-level administrative data. This _...Read More_
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"Monetary and fiscal policies, as deeply entwined functions of the state, face a looming dual long-term challenge. This column argues that they need to regain policy headroom to be able to effectively fulfil their macro-stabilisation role. _...Read More_
"Monetary and fiscal policies, as deeply entwined functions of the state, face a looming dual long-term challenge. This column argues that they need to regain policy headroom to be able to effectively fulfil their macro-stabilisation role. _...Read More_
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"Agricultural global value chains grew rapidly after WWII, transforming the nature of agri-food production worldwide. Still, little is known about how taking part in these chains changes the structure of an economy. This column constructs a _...Read More_
"Agricultural global value chains grew rapidly after WWII, transforming the nature of agri-food production worldwide. Still, little is known about how taking part in these chains changes the structure of an economy. This column constructs a _...Read More_
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"Banking crises of the past several decades have encouraged regulatory forbearance towards banks combined withaccommodative monetary policy. This column argues that such policies, if used too aggressively, lead to ‘zombie lending’ – the _...Read More_
"Banking crises of the past several decades have encouraged regulatory forbearance towards banks combined withaccommodative monetary policy. This column argues that such policies, if used too aggressively, lead to ‘zombie lending’ – the _...Read More_
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"Monetary transformations through history have been driven by changing technology, changing tastes, economic growth, and the demands to effectively satisfy the functions of money. This column argues that technological change in money and _...Read More_
"Monetary transformations through history have been driven by changing technology, changing tastes, economic growth, and the demands to effectively satisfy the functions of money. This column argues that technological change in money and _...Read More_
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"With the development of new forms of money such as cryptocurrencies and central bank digital currencies, the attention paid to their role as a store of privacy is increasing. This column asks whether privacy is relevant in shaping the _...Read More_
"With the development of new forms of money such as cryptocurrencies and central bank digital currencies, the attention paid to their role as a store of privacy is increasing. This column asks whether privacy is relevant in shaping the _...Read More_
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"The current mini-surge in inflation is forecast to return to central bank targets towards the end of 2022, or shortly thereafter. However, there is also a risk of inflation remaining persistently high for longer. This column discusses the _...Read More_
"The current mini-surge in inflation is forecast to return to central bank targets towards the end of 2022, or shortly thereafter. However, there is also a risk of inflation remaining persistently high for longer. This column discusses the _...Read More_