Opinion piece
22 December 2015
Indebted ASEAN companies will feel Fed's rate rise
While the markets could not have been surprised about the U.S. Federal Reserve's decision to raise interest rates after a series of warnings since mid
Monetary policy
Showing 273-288 of 351 results
Blog post
01 December 2015
Have central banks lost their ability to control inflation?
The potential effects of global integration on inflation dynamics, and whether this could affect the ability of central banks to fulfil their mandates
Blog post
26 November 2015
Real exchange rates in conflict zones
Several countries experiencing conflict have been able to maintain a stable nominal exchange rate and thereby their real exchange rates were either st
Working paper
25 November 2015
Macroprudential supervision: from theory to policy
While there is now consensus that financial supervision has to focus on the aggregate (macroprudential), in addition to the individual (microprudentia
Opinion piece
25 November 2015
The ECB and politics in an era of low interest rates
The ECB is often criticised for its low interest rate policy - especially in Germany, where this is felt to be an attack on savers. However, this argu
Blog post
24 November 2015
The impact of the oil-price shock on net oil exporters
In the second half of 2014 and early 2015, international oil prices approximately halved. What have been the consequences of this sharp decline on net
Policy brief
12 November 2015
Is globalisation reducing the ability of central banks to control inflation?
This Policy Contribution reviews the impact of globalisation on inflation dynamics, and it analyses whether and how this affects the ability of centra
Blog post
09 November 2015
The uncertain decline of the natural rate of interest
What’s at stake: Controversies over whether and by how much the natural rate of interest – the rate compatible with full employment and stable prices
Policy brief
04 November 2015
Schriftliche Stellungnahme Bundestagsanhörung „Niedrigzinspolitik der EZB“
This Policy Contribution was prepared for the Financial Committee of the German Bundestag. It is only available in German.
Blog post
02 November 2015
QE and investment
What’s at stake: Quantitative Easing has been criticized for generating inflation risks, financial stability risks, and distributional risks. The newe
Blog post
26 October 2015
China’s quest for SDR: much ado about nothing
The possibility of the RMB joining the group of key reserve currencies in the world, as defined by the currency composition of the IMF’s own internati
Blog post
21 October 2015
Inflation expectations and global risks: the need for ECB action
The ECB will have its next monetary decision meeting on Thursday. Instead of following politically motivated statements that complain about low nomina
Opinion piece
20 October 2015
Clueless in Europe
Despite a slowing Chinese economy, decelerating inflation and a stronger euro, European Central Bank President Mario Draghi has said he will do more t
Blog post
05 October 2015
The political economy of rate hike-ism
What’s at stake: The banking industry response to the Fed’s decision not to hike rates has led bloggers pondered about why bankers are pushing for hig
Event
05 October 2015
Secular Stagnation in Europe and Japan
This is the 3rd conference in a series of events jointly organised by Graduate School of Economics, Kobe University and Bruegel
Blog post
21 September 2015
Reserves depletion and quantitative tightening
What’s at stake: Rather than being led by the Federal Reserve, global monetary tightening might be coming from the reserve depletion of emerging marke