
Heterogeneous effects of monetary tightening in response to energy price shocks
Starting in mid-2021, energy prices soared to unprecedented heights. Initially driven by the global post-pandemic rebound, this was exacerbated

Starting in mid-2021, energy prices soared to unprecedented heights. Initially driven by the global post-pandemic rebound, this was exacerbated

While the financial secrecy of offshore tax havens has historically created ample tax evasion opportunities for wealthy individuals, automatic

Assets prices can amplify economic cycles through their effects on firm investment. Furthermore, these effects vary depending on firm

The Middle Ages are widely understood as an era of economic immobility. This column uncovers a more nuanced picture.

Governments in advanced economies face growing pressure to increase public spending. This column finds that debt issuance in euro

The question of whether the burden of distress in the banking sector is shared equally among households or distributed

Central banks’ communication strategies are critical in shaping public inflation expectations, especially as inflation remains a pressing global concern.

In March 2020, the ECB recommended that euro area banks temporarily halt dividend distributions to shareholders and suspend share

Zombie firms are commonly defined as mature, consistently under-performing firms that are unable to repay their debt but sustain

The transmission of poverty across generations is a long-standing concern for national and EU-wide anti-poverty strategies. This column uses

Starting in mid-2021, energy prices soared to unprecedented heights. Initially driven by the global post-pandemic rebound, this was exacerbated

While the financial secrecy of offshore tax havens has historically created ample tax evasion opportunities for wealthy individuals, automatic

Assets prices can amplify economic cycles through their effects on firm investment. Furthermore, these effects vary depending on firm

The Middle Ages are widely understood as an era of economic immobility. This column uncovers a more nuanced picture.

Governments in advanced economies face growing pressure to increase public spending. This column finds that debt issuance in euro

The question of whether the burden of distress in the banking sector is shared equally among households or distributed

Central banks’ communication strategies are critical in shaping public inflation expectations, especially as inflation remains a pressing global concern.

In March 2020, the ECB recommended that euro area banks temporarily halt dividend distributions to shareholders and suspend share

Zombie firms are commonly defined as mature, consistently under-performing firms that are unable to repay their debt but sustain

The transmission of poverty across generations is a long-standing concern for national and EU-wide anti-poverty strategies. This column uses




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