Can bitcoin surpass the dollar in popularity and make El Salvador the first state to operate entirely with a private currency?
Bruegel Annual Meetings, Day 2- In this session we would like to discuss monetary and macroeconomic policies after Covid-19.
Emphasis will be placed on greening monetary policy and clarifying the ECB's price stability objective, but is this enough?
This paper explores the potential effects (and side effects) of negative rates in theory and examines the evidence to determine what these effects have been in practice in the euro area.
This event, jointly organised with ISPI, as the National Coordinator and Chair of the T20 Italy, is part of the T20 Spring Roundtables and it will focus on strategies for a swift and sustainable economic recovery for Europe.
Cryptocurrencies are here to stay but are unlikely to be considered a credible alternative to money anytime soon.
The nature of money is under scrutiny as central banks begin pondering issuing digital currencies
Electronic cash might be the future, but it is still unclear what payment innovation it offers for the public, certainly in the euro area. And it is unlikely to fully replace the comfort the consumer feels in having money under the mattress.
How can we ensure a worldwide balanced and inclusive recovery from the Covid pandemic?
China is moving towards a digital currency but there is a long way to go.
COVID-19 has complicated inflation measurement. Policymakers need to take this into account and should look at alternative measures of inflation to understand what is actually happening in the economy.
Structural factors are putting downward pressure on rates: is it time for macroeconomic policy to play second fiddle in managing demand?