Money matters? Perspectives on Monetary Policy
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Is the ECB really so generous?
Francesco Papadia
May 08, 2014
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A simplified, to the point of being simplistic, approach to understanding the transmission of monetary policy to the...
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Titus Maccius Plautus and the EU Troika
Francesco Papadia
April 29, 2014
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The Roman comic playwright Titus Maccius Plautus takes up an old adage of Greek origin when he writes in his Bacchides:...
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Some unpleasant Quantitative Easing Arithmetic
Francesco Papadia
April 15, 2014
2 Comments
Some 30 years ago Thomas Sargent and Neil Wallace published an article [1] that raised the possibility of tight...
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Is the €-area in 2014 like Japan on the dawn of deflation?
Francesco Papadia
April 04, 2014
1 Comment
If you are impatient and somewhat trust my judgment, let me give first my synthetic answer to the...
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Partiam, partiamo or the ECB communication
Francesco Papadia
March 27, 2014
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In the “Atto secondo, Scena IV” of Verdi`s opera, La Forza del Destino, there is a famous choir which...
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