- The Case for Deeply Negative Interest Rates - Kenneth Rogoff (PS)
- Supporting people and companies to deal with the COVID-19 virus - OECD
- A trade bargain to secure supplies of medical goods - Simon Evenett, L Alan Winters (VoxEU)
- Debt restructuring in the time of COVID-19: Private and official agreements - Silvia Marchesi, Tania Masi (VoxEU)
- The case for a new Marshall Plan - Alexia Delfino, Raffaella Sadun (VoxEU)
- You Can Lead a Horse to Water, But You Can’t Make It Drink - Tim Duy
- Hunger amid plenty: How to reduce the impact of COVID-19 on the world’s most vulnerable people - Mari Elka Pangestu
- Covid-19 and social distancing: Accounting for individual actions could change the way lockdowns are designed - Miltos Makris (VoxEU)
- The ECB can ease Italian debt worries without risking inflation - Carlo Cottarelli (FT)
- When the Markets Get COVID: COntagion, Viruses, and Information Diffusion - Mariano Massimiliano Croce, Paolo Farroni and Isabella Wolfskeil (CEPR DP)
- Inequality in the Impact of the Coronavirus Shock: Evidence from Real Time Surveys - Abigail Adams, Teodora Boneva, Marta Golin and Christopher Rauh (CEPR DP)
- April Jobs Report Likely to Show Highest Unemployment Rate on Record - WSJ
- The Real Reason to Wear a Mask - The Atlantic
- Swedish bosses urge Europe not to waste opportunity from Covid-19 - FT
- Without child care, the economy won’t restart - Washington Post
- Banks to book more than $50bn against bad loans - FT
- A solution to the looming debt crisis in emerging markets - FT
- Virus-hit economies brace for second wave of job losses - FT
Via the Irish Economy Blog I find this very interesting interview of Mario Draghi with Der Spiegel . I was first surprised by the aggressive responses from Draghi every time he is asked about the German negative assessment of recent ECB monetary policy. I like his honesty and clarity when he asserts that all German fears about increasing inflation in the Euro area have turned to be wrong. Here is one of his answers: "DRAGHI: No, but the fears felt by some sectors of the public in Germany have not been confirmed. What haven’t we been accused of? When we offered European banks additional liquidity two years ago, it was said there would be a high rate of inflation. Nothing has happened. When I made my comment in London, there was talk of a violation of the central bank’s mandate. But we had made clear from the beginning that we are moving within our mandate. Each time it was said, for goodness’ sake, this Italian is ruining Germany. There was this perverse Angst that things w...
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