macroeconomics

ECB
Building confidence in the path ahead
Christine Lagarde outlines what needs to be done to become sufficiently confident to start dialling back the ECB’s restrictive policy stance
Carstens67
Trust and macroeconomic stability: a virtuous circle
Trust is essential for the success of public policies. Agustín Carstens argues that policymakers' success in dealing with recent crises was due to the trust they had built over the years, which allowed...
DFG67
Geoeconomic fragmentation and firms’ financial performance
The threats of geoeconomic fragmentation have accelerated in recent years. Alessandro D’Orazio, Fabrizio Ferriani and Andrea Gazzani introduce a novel firm-level revenue-weighted geopolitical risk index
Minford66
The role of fiscal policy - what recent research shows
The global economy has seen a major financial crisis and a worldwide pandemic. Patrick Minford reviews the attempts to model these events and suggests policy conclusions
Maes66
A tale of two treatises: the birth of the euro
In the process towards European economic and monetary union, two reports played crucial roles. Ivo Maes focuses on the Werner and Delors Reports, capturing the key ideas and debates on the EMU process...
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