Blogs&Reviews

  • The effects of the ECB’s new inflation target on private households’ inflation expectations

    Mathias Hoffmann, Emanuel Moench, Lora Pavlova, Guido Schultefrankenfeld, 20 December 2021

    New survey results from the Bundesbank Online Panel Households (BOP-HH) show that the ECB's new inflation target is associated with moderately higher inflation expectations for the next two to three years. 

  • 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.

  • 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

Other Recent Blogs&Reviews:

  • Ernesto Zedillo, 09 December 2019

    The US threatens the WTO by blocking appointments to its Appellate Body for settling disputes, but as Ernesto Zedillo explains, other WTO members could override the veto

  • Hans-Jörg Naumer, 30 November 2019

    Hans-Jörg Naumer makes the case for data cooperatives that would allow the providers of data, i.e. the users, to own shares in the platforms they use.

  • Pascal Lamy, 27 November 2019

    Pascal Lamy argues that the future of globalisation depends on our capacity to direct the dominant economic system – capitalism – towards a different course

  • Diane Coyle, 21 November 2019

    Diane Coyle reviews a new book by Lee Anne Fennell which looks at the implications of the reality that economic resources are lumpy and variably sliceable

  • Viral Acharya, 11 November 2019

    Viral Acharya describes how ultra-accommodative monetary policy might have worked against its own objectives of restoring inflation and growth.

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