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
Considerations about SWIFT
Francesco Papadia
February 28, 2022
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Swift has emerged from banks back offices to a debated topic in media and publis discourse. Below are...
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Does money growth tell us anything about inflation?
Francesco Papadia
December 01, 2021
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Together with Cadamuro Leonardo Economists and central bankers no longer consider monetary aggregates relevant for inflation forecasts. We...
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Is the risk of stagflation real?
Francesco Papadia
November 04, 2021
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Together with Monika Grzegorczyk and Pauline Weil. Most economic forecasts predict a return, in the medium-term, to...
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The evolving nature of central banking: Where next for Europe?
Francesco Papadia
June 10, 2021
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German and Italian history reveals evolving institutional structures and central banking models; ongoing changes at the ECB are...
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My contribution on The Value of Money Controversial Economic cultures in Europe: Italy and Germany
Francesco Papadia
January 27, 2021
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Together with Christiane Liermann, Thomas Mayer and Matteo Scotto, I have edited a book on “The Value of...
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