Blogs&Reviews | VOX, CEPR Policy Portal

The ECB’s tools: Transparency is needed
Lucrezia Reichlin, Klaus Adam, Warwick J. McKibbin, Michael McMahon, Ricardo Reis, Giovanni Ricco, Beatrice Weder di Mauro, 03 December 2021

This blog replies to Rafael Repullo’s comment on CEPR's recent report on the ECB. The authors clarify that there is little to no disagreement. Most of what is in the comment coincides with what is in the report, using different words. Where disagreements exist, they reflect different views on the importance of transparency in communication of both strategy and future policy.
The CEPR report on the ECB strategy: A comment on the tools of monetary policy
Rafael Repullo, 03 December 2021

Rafael Repullo comments on some recommendations and statements on the tools of monetary policy at the ECB from the recent CEPR report on the central bank's strategy.
A primer on (UK) inflation
David Blanchflower, 15 November 2021

David Blanchflower explains why it is most likely the jump in inflation in the UK will dissipate
Bundesbank - ready for change?
Thorsten Beck, 30 October 2021

Thorsten Beck discusses the appointment of a new president of the Bundesbank

Other Recent Blogs&Reviews:

Quantitative tightening: Protecting monetary policy from fiscal encroachment

William A. Allen, Jagjit Chadha, Philip Turner, 23 October 2021

William Allen, Jagjit Chadha and Philip Turner propose reform for both sides of the central bank balance sheet in a manner that will prepare the ground for the contraction of quantitative easing and which does not expose the central bank to excessive risk
What are we regulating for?

Cristina Caffarra, 03 September 2021

Cristina Caffarra discusses why current proposals for digital platform regulation are not going to get us far.
The antitrust orthodoxy is blind to real data harms

Cristina Caffarra, Gregory Crawford, Johnny Ryan, 22 April 2021

Cristina Caffarra, Gregory Crawford and Johnny Ryan make the case that (lack of) privacy is an (often unobservable) price of using digital platforms, and that (lack of) privacy facilitates mainstream antitrust harms such as exploitation and foreclosure by dominant digital platforms.
Rebellion, Rascals, and Revenue: A review

Shafik Hebous, 07 April 2021

Shafik Hebous admires how Michael Keen and Joel Slemrod draw out common threads of tax principles and practice that have underlain tax systems for thousands of years to show us why polices were chosen, and why they failed or prevailed.
Democracy in Iceland

Thorvaldur Gylfason, 31 March 2021

Thorvaldur Gylfason argues that unless Iceland's Parliament confronts the country's oligarchs and respects the will of the people by ratifying the new constitution designed to reverse the retreat of age-old democracy, it risks becoming a failed state.

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