Volker Wieland and his colleagues from the German Council of Economic Experts have asked the European Central Bank (ECB) to start tapering, ending the bond-buying program as soon as possible.
Macro Model Base
Macroeconomics has undergone a profound change due in no small part to the questions thrust into the spotlight by the global financial crisis of 2008. Prof. Volker Wieland and the Macroeconomic Model Base team have contributed a chapter regarding new methods of model comparison to a newly published Handbook, which provides an overview of these developments.
The ECB and Its Watchers
On April 6, 2017 academics, market participants, and policy makers will discuss the effectiveness of the ECB's bond-buying program as well as the need for macroeconomic adjustment in the euro area during the eighteenth edition of the "The ECB and Its Watchers" conference.
The IMFS will expand its interdisciplinary research activities in the areas of money and currency during the next ten years with the support of the Foundation of Monetary and Financial Stability and Goethe University.