Blogs&Reviews

  • Competition policy and European firms’ competitiveness

    Massimo Motta, Martin Peitz, 20 February 2019

    Massimo Motta and Martin Peitz ask whether merger control obstructs or promotes European firms’ competitiveness, whether there is room for public policy considerations beyond competition policy goals when dealing with competition-related issues, and what can be done to promote the competitiveness of European firms both within and beyond Europe.

  • A world with central bank digital currencies

    Tommaso Mancini-Griffoli, Maria Soledad Martinez Peria, Itai Agur, Anil Ari, John Kiff, Adina Popescu, Céline Rochon, Zoltan Jakab, 15 February 2019

    In this post, a group of IMF economists examine why central banks might consider issuing digitial currency, and how households and firms might adapt.

  • The ECB has reached its political limits. Its consequences in eight charts

    Ashoka Mody, 11 February 2019

    In this post, Ashoka Mody documents the costs of ECB timidity, which, he argues, arises from the political limits on its actions.

  • Hard Brexit ahead: Breaking the deadlock and restarting customs cooperation in Europe

    Gabriel Felbermayr, Clemens Fuest, Hans Gersbach, Albrecht Ritschl, Marcel Thum, Martin Braml, 07 February 2019

    The authors of this post argue that while the deadlock in the Brexit negotiations can be broken by tweaking the time limits of the Withdrawal Agreement and at the same time abandoning the backstop, a more viable long-term solution is a European Customs Association where Britain has active membership and a full vote alongside the EU member states.

Other Recent Blogs&Reviews:

  • Event studies and the random walk hypothesis: Why the end of bond buying by the ECB is a non-event
    Ansgar Belke, Daniel Gros, 21 December 2018

    The ending of the ECB's bond buying programme had no impact on interest rates. In this post, Ansgar Belke and Daniel Gros argue that this is because while the programme might have lowered rates when it was announced, the impact was only transitory. 

  • Helping the left behind: It's (economic) geography, stupid
    Simon Wren-Lewis, 21 December 2018

    Simon Wren-Lewis discusses how the political divide that has become clear since the Brexit vote (and which is also clear in US support for Trump) is between towns and cities, not between regions.

  • Why inequality matters?
    Branko Milanovic, 20 December 2018

    Branko Milanovic provides answers to the question he is often asked.

  • If this is Globalisation 4.0, what were the other three?
    Richard Baldwin, 19 December 2018

    The theme of the 2019 WEF in Davos will be "Globalisation 4.0". Richard Baldwin sees this stage of globalisation as the third unbundling, when digitech will allow arbitrage of international wage differences without the physical movement of workers.  

  • Who should pay for the cost of climate policies?
    Paul De Grauwe, 19 December 2018

    New budgetary rules imposed by the European Commission prevent the costs of public investment from being spread over time, obliging governments to impose 100% of the costs of envinronmental investments on today’s households and firms. Paul De Grauwe suggests a solution.

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Don't Miss

Real exchange rates for economic development
Guzman, Ocampo, Stiglitz
Brexit and the Irish border issue
Marongiu Buonaiuti, Vergara Caffarelli
Negative interest rate policy and the bank lending channel
Eggertsson, Summers

Vox eBooks

The Economics of the Great War: A Centennial Perspective

Broadberry, Harrison, 06 November 2018

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CEPR Policy Research