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.

  • 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

Other Recent Blogs&Reviews:

  • COVID-19 and the future of world trade
    Alan Wm. Wolff, 01 June 2020

    WTO Deputy Director-General Alan Wolff argues that this is the time to consider the future of the multilateral trading system

  • Why global value chains remain essential for COVID-19 supplies
    Penny Bamber, Karina Fernandez-Stark, Daria Taglioni, 27 May 2020

    Penny Bamber, Karina Fernandez-Stark and Daria Taglioni show how the fragmentation of production and the new manufacturing bases in developing countries over the past 20 years have increased—not diminished—the ability of countries to respond to the unexpected sudden spikes in demand experienced during the coronavirus crisis.

  • The US need an honest debate about trade policy, focusing on the WTO is a distraction
    Joshua P. Meltzer, 20 May 2020

    As the US heads into recession, Joshua Meltzer argues that what US trade policy should be and how the country can lead again on trade is a debate we need to have.

  • Covid and economics publishing
    John Cochrane, 16 May 2020

    John Coltrane hopes the model of scientific publications inspires economics journal editors to action.

  • ‘How tech rolls’: Potential competition and ‘reverse’ killer acquisitions
    Cristina Caffarra, Gregory Crawford, Tommaso Valletti, 11 May 2020

    Cristina Caffarra, Gregory Crawford and Tommaso Valletti argue that concerns about the impact on potential future competition of mergers between acquisitive platforms and small players are broader than ‘killer acquisitions’; they include ‘reverse killer acquisitions’ as well.

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