Blogs&Reviews

  • 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.

  • 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.

  • A new expert survey on bank capital requirements

    Gene Ambrocio, Iftekhar Hasan, Esa Jokivuolle, Kim Ristolainen, 06 February 2019

    Capital requirements for banks have been raised considerably since the Global Crisis, but the optimal level and form of such requirements are still much debated. In this post, researchers from the Bank of Finland introduce a new survey of academic experts that will focus on the question of how much capital banks should hold.

Other Recent Blogs&Reviews:

  • Richard Baldwin, 13 December 2018

    The third post in Richard Baldwin's series on artificial intelligence looks at Gilder’s Law, which predicts that the growth in our ability to transmit information over the internet will drive virtual globalisation.

  • Jon Danielsson, 12 December 2018

    In this post, Jon Danielsson argues that as actual and perceived risk are usually negatively correlated and since almost every risk forecast model is of the perceived type, the models underestimate risk before a crisis and overestimate it after a crisis.

  • Richard Baldwin, 11 December 2018

    In this second in a five post series, Richard Baldwin looks at Gordon Moore's famous law on the growth of computing power.

  • Antonio Fatás, 10 December 2018

    Today the world displays smaller imbalances than at the peak of 2008. In this post, Antonio Fatas looks at the extent to which rebalancing has happened between different country groups.

  • Diane Coyle, 09 December 2018

    Diane Colye reviews "Prosperity: better business makes the greater good" by Colin Mayer, who argues that, for the most, part big companies deserve their dismal reputation.

Pages

Vox eBooks

CEPR Policy Research