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
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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…and what about the other side of the pond?
Francesco Papadia
November 12, 2013
0 Comment
While on this side of the Atlantic the ECB was reacting more quickly than expected to the much...
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Forget the € and demand management!
Francesco Papadia
October 30, 2013
0 Comment
The title of this post is a bit exaggerated, yet it helps stressing the gist of the point...
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