It is often perilous (and always expensive for the common good) to be in charge of executive and controlling...
The aftermath of the Italian referendum sheds an insightful light on the latest financial stability report of the ECB. We suggest that the...
Cet article du bouillonnant Stéphane Garelli soulève une question centrale en matière de politique d’investissement: les ‘conséquences inattendues’ des mesures monétaires...
Ratio de dette publique ... Ce billet extrait de Bank Underground, un beau blog de la banque d’Angleterre,...
The recent news by Bloomberg is now confirmed by the media. The damage is done. Interestingly enough, the...
Forward guidance A short, spicy and refreshing post by John Taylor, the famous economist of the well-known Taylor...
Le sujet n’est pourtant pas nouveau. Dans l’indifférence quasi-générale, la banque des règlements internationaux (la BRI) exprimait de longue...
Voici la version française du post “Regime shift, systemic convergence and financial stability”. Le régime monétaire mis en place ces...
The monetary regime in place in recent years shows signs of fatigue. The cost/benefit ratio of public policy...
This note is about the recognition of policy failures by public authorities and their consequences on financial stability. Our...
