In recent years, the European Central Bank has been unable to raise inflation to a level consistent with...

This morning I was interviewed by Bloomberg about the recent big Pandemic Emergency Purchase Program (PEPP, we just...

This is an extended version of the post published on the Bruegel Website on January 27: https://bruegel.org/2020/01/libra-as-a-currency-board-are-the-risks-too-great/ Introduction...

This Policy Contribution tests the hypothesis that an imbalance has grown in Europe over the last few decades...

On October 1st I had a meeting with a group of investors. To prepare for this meeting I...