Money market on strike

By: Casper de Vries (Erasmus University Rotterdam) and Jon Danielsson (LSE)

A proposal on how to address information asymmetry.

How abnormal was the stock market in October 2008?

By: Paul De Grauwe, Leonardo Iania, Pablo Rovira Kaltwasser

Last month saw a stock market move with a probability of occurring only once in 73,357,946,799,753,

900,000,000 years. What does this tell us about modern finance?

Can the IMF Save the World?

By: Barry Eichengreen, University of California, Berkeley

Only if the IMF comes up with some new ideas.

European growth : what's to be done

By: Jean Pisani Ferry, Bruegel

Some proposals on how to kick-start the economy.

The ECB and the Fed

By: Charles Wyplosz, Graduate Institute of International Studies

Facing different situations, the Fed and the ECB muddle through, each in its own way.

Should central banks publish their interest rate forecasts?

By: Stefan Gerlach, University of Frankfurt

No. The level of uncertainty is simply too high.

Some thoughts on macroeconomic models

By: Paul De Grauwe, K.U. Leuven and CEPS

The limits of DSGE models as tools of analysis for central banks.

Bertie's legacy

By: Alan Ahearne, Bruegel and NUI Galway

As Bertie Ahern's ten-year tenure comes to an end, so does Ireland's extraordinary economic boom.

Out of control: credit

By: Casper de Vries, Erasmus University Rotterdam

The Fed deliberately ignored traditional indicators that provided early warning about the credit crisis to come.

Why the Fed should not prevent a US recession

By: Paul de Grauwe, K. U. Leuven

The US needs a higher savings rate. There is no way around it.

Out of control: Inflation

By: Casper de Vries, Erasmus University Rotterdam

How single minded monetary policy contributed to today's financial mess.

Is the Fed monetarist?

By: Patrick Minford, Cardiff Business School

The US central bank reacts flexibly to the ups and downs of the economy, as would happen under a money supply target