The book "The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival" by Charles Goodhart and Manoj Pradhan has caught the public's attention. In this IMFS Policy Webinar, the authors discussed their conclusions with Peter Praet, the former Chief Economist of the European Central Bank.Watch the video.

 

The open platform for macroeconomic models of the IMFS now contains more than 150 models. In a joint research project with the Hoover Institution, the new version MMB 3.1 of the website www.macromodelbase.com also offers further technical features.

 

Starting in 2012 several central banks introduced negative interest rate policies. In an IMF-IMFS Webinar Gaston Gelos, Prof. Silvana Tenreyro and Jörg Krämer took stock of this experience in a discussion moderated by Prof. Volker Wieland. Watch the video and find the slides.

 

In a joint opinion piece in the F.A.Z., Prof. Clemens Fuest, Ifo Institute, Prof. Hans Peter Grüner, University of Mannheim, and Prof. Volker Wieland explain why the ECB "overstretches its mandate into the political" with a focus on green monetary policy.