This CEPR Press eBook presents the perspectives of policymakers, stress test designers and academics on the remarkable development of stress testing, a tool which ten years ago was little known but has now emerged as a major component of the supervisory toolkit.
This CEPR Press eBook argues that firms must implement more risky innovations as the economy approaches the technological frontier. The five contributions, from leading economists in the field, suggest that priority should be given to research, selection of firms, and reducing frictions.
Important progress has been made in repairing the design faults that the EZ Crisis revealed. This new VoxEU eBook argues that fixing the Eurozone is a job half done. The eBook, which presents 18 chapters by leading economists that hail from a broad range of nations and schools of thought, is surely the most comprehensive collection of solutions that has ever been assembled.
Policymakers have employed various new tools in response to the Global Crisis to revitalise economic performance. This new eBook brings together key Vox columns to reveal the evolution of the economic profession’s thinking about one such tool – quantitative easing.
The value of world trade is falling. The 18th Global Trade Alert report shows that the manufactures that account for a large share of the fall are those where G20 nations have imposed the most trade restrictions since 2014. G20 leaders should request that the Chinese G20 Presidency support initiatives to revive global trade and avoid more trade distortions.