ECB Monetary Policy
In an IMFS Policy Webinar, Philip R. Lane, Chief Economist of the European Central Bank (ECB), explained the monetary policy strategy of the ECB.
ECB Bond Purchases
In a joint paper in the „Journal of Financial Regulation“ Prof. Lars P. Feld and Prof. Volker Wieland explain how a regular proportionality check of the ECB bond purchases could look like
Prof. Michael Haliassos has received the Hillcrest Best Paper Award in Behavioral Finance from the Review of Financial Studies for the paper "Financial Literacy Externalities", also available as IMFS Working Paper.
How much of a threat are cryptocurrencies to central banks? An opinion piece in the Frankfurter Allgemeine Sonntagszeitung, Prof. Volker Wieland clarifies whether and to what extent cryptocurrencies are money, how there is a currency competition between private and state currencies, and how central banks can hold their own with their product. (Picture: Pixabay/Michael Wuensch)