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:

  • Chad Bown, Euijin Jung, Zhiyao (Lucy) Lu, 19 June 2018

    On 15 June, the Trump administration produced the list of specific Chinese products on which it soon plans to impose tariffs. In this post, Chad Bown, Euijin Jung and Zhiyao Lu examine this list and China's proposed retaliation, and argue that even companies that are not suffering yet from China’s mistreatment will soon be hurting because of tariff-induced higher costs.

  • Jonathan Portes, 19 June 2018

    A 2018 Equality and Human Rights Commission report predicts a dramatic rise in child poverty. Jonathan Portes, a co-authorof the report, challenges Christopher Snowdon, a scepticof such gloomy predictions, to a bet to see who is right.

  • Michele Ruta, 18 June 2018

    China’s Belt and Road Initiative is an ambitious effort to improve connectivity on a trans-continental scale through infrastructure investment and regional cooperation. The initiative has the potential to accelerate the rate of economic integration and development, as trade costs decline. But, like any large undertaking, there are significant policy and economic challenges. In this post, Michele Ruta describes key opportunities and risks of the initiative. 

  • Diane Coyle, 18 June 2018

    Diane Coyle reviews Daniel Cohen’s "The Infinite Desire for Growth", which provides a concise, bird’s-eye view of the many issues that are being debated on economic growth, from the dawn of civilisation to the present and future.

  • Paul De Grauwe, 16 June 2018

    Russia's weight in global geopolitics is much greater than may be implied by its GDP or military spending. Exploring why that may be so, Paul De Grauwe looks at Russia’s nuclear arsenal and its role as a supplier of raw materials, including oil and gas, and argues that Russia is strong because Europe grants it that power.

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