Money matters? Perspectives on Monetary Policy
A blog by Francesco Papadia, providing a personal perspective on monetary policy developments drawing from an experience of 40 years in critical positions in central banking.
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Recent Posts
Three liquidity scenarios after the year-end.
Francesco Papadia
January 03, 2014
1 Comment
There are 3 main scenarios that could develop in the liquidity and money market in the €-area at...
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€ liquidity is getting more valuable: what can be done about it?
Francesco Papadia
December 20, 2013
0 Comment
It is a recurrent phenomenon that liquidity gets more valuable at the end of the year: this is...
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Should German workers be paid more? Or, Do we have an omitted variable bias?
Francesco Papadia
December 16, 2013
2 Comments
A recurrent problem in regression analysis is the omitted variable bias: if you estimate a regression and you...
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Should the European Central Bank do more and go negative?
Francesco Papadia
November 29, 2013
1 Comment
The European Central Bank is torn between those who say that it is already doing too much, mostly in...
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Is the price stability target of the ECB at risk?
Francesco Papadia
November 18, 2013
0 Comment
Get me right. I am not fearing, for the time being, that inflation will move above the 2.0...
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