Estimates of medium-term equilibrium real interest rates are cited very often in monetary policy. However, they do not form a sound basis for monetary…
IMFS Professor Helmut Siekmann examines the questions whether it is legally possible for a member state to leave the euro area or introduce a parallel…
Before the meeting of the Governing Council of the European Central Bank (ECB) Volker Wieland argues that "the case for more quantitative easing isn't…
