Examining how the overall economy—the markets, businesses, consumers, and governments—behave, focusing on long-term economic growth and shorter-term business cycles
Andrew Bailey discusses global financial stability, emphasising the importance of understanding financial theory and learning the lessons from history, highlighting the need for a macro-prudential approach
Today’s challenges in financial stability: the new and the not so new Read More »
The economics of space is no longer the province of science fiction. Alessio Terzi and Francesco Nicoli argue that economists should turn their attention to the stars, harnessing opportunities that beckon beyond Earth’s limits
Economists should point their attention to the stars Read More »
Emmanuel Mourlon-Druol analyses what arguments European policymakers have used in discussions about centralising public expenditures at EU level
An uphill struggle: a long-term perspective on the European public goods debate Read More »
Innovation, investment and integration. Luis de Guindos discusses the revival of productivity growth in the euro area – a critical challenge that demands urgent attention and collective action
Bridging the gap: reviving the euro area’s productivity growth Read More »
Concerns over government debt have been on the rise. Martin Larch provides a brief history of government debt in the EU and draws attention to some important issues that are normally kept in the background
High government debt in the EU or the end of ‘enjoy now, pay later’ Read More »
The global economy is facing rifts comparable to the pressures that resulted in ‘economic nationalism, a collapse in global trade and the Great Depression of the 1920s, Christine Lagarde warns
Setbacks and strides forward: structural shifts and monetary policy in the twenties Read More »
Jerome Powell addresses the current economic situation and the path ahead for monetary policy, discussing economic events since the pandemic and exploring why inflation rose to levels not seen in a generation
Pandemic-related economic distortions are fading Read More »
Amr Saber Algarhi and Konstantinos Lagos describe how the Jackson Hole symposium, a meeting of bankers in a remote Wyoming valley, could have consequences for us all
The effectiveness of monetary policy Read More »
Policymakers’ responses to global events have laid bare the challenges and trade-offs inherent in addressing monetary policy and financial stability shocks. Andrew Bailey discusses what lessons can be learnt
Reflecting on recent challenging times Read More »
Industrial robots can have a transformative effect on employment and wages. Daisuke Adachi studies how the rise of robot capital has influenced wage polarisation across different occupations in the US
Industrial robots and wage polarisation Read More »
