EMU Monitor
Ireland's painful adjustment
06.01.2009
By: Alan Ahearne, NUI Galway
After the benefits of EMU, now come the costs.
Was monetary policy too tight after the crisis?
12.12.2008
By: Patrick Minford, Cardiff University and CEPR
Yes, at least in Europe.
Money market on strike
18.11.2008
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?
11.11.2008
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?
06.10.2008
By: Barry Eichengreen, University of California, Berkeley
Only if the IMF comes up with some new ideas.
European growth : what's to be done
11.09.2008
By: Jean Pisani Ferry, Bruegel
Some proposals on how to kick-start the economy.
The ECB and the Fed
15.07.2008
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?
30.06.2008
By: Stefan Gerlach, University of Frankfurt
No. The level of uncertainty is simply too high.
Some thoughts on macroeconomic models
13.06.2008
By: Paul De Grauwe, K.U. Leuven and CEPS
The limits of DSGE models as tools of analysis for central banks.
Bertie's legacy
06.04.2008
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
13.03.2008
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
18.02.2008
By: Paul de Grauwe, K. U. Leuven
The US needs a higher savings rate. There is no way around it.