What options for the European Central Bank?
By Paul Hubert All eyes are now on the ECB, whose recent statements indicate that it is concerned about the risk of deflation in the […]
Paul Hubert
The ECB – or how to become less conventional
By Jérôme Creel and Paul Hubert The gloomy economic situation in the euro zone and the deflationary risks it is facing are leading the members of […]
Does financial instability really undermine economic performance?
By Jérôme Creel, Paul Hubert and Fabien Labondance What relationship can be established between the degree to which an economy is financialized (understood as the […]
The chiaroscuro of the ECB’s “forward guidance” *
By Paul Hubert and Fabien Labondance “The Governing Council expects the key interest rates to remain at present or lower levels for an extended period […]
Does too much finance kill growth?
By Jérôme Creel, Paul Hubert and Fabien Labondance Is there an optimal level of financialization in an economy? An IMF working paper written by Arcand, […]
What monetary policy for the ECB in 2013?
By Paul Hubert After the monthly meeting of the Board of Governors of the European Central Bank on 7 February 2013, the ECB decided to […]