Monetary policy under multiple financing constraints
A longstanding puzzle in monetary economics is that policy tightening has stronger effects than easing. This column shows that the multiplicity of financing constraints notably
Exchange rate communication in practice: Evidence from two decades of ECB press conferences
Evidence is mixed on whether central banks can influence exchange rates simply by talking about them. This column explores this question by analysing more than
Health adversity weakens support for fairer healthcare
People’s quality of life is directly affected by policy decisions about access to healthcare and funding, making it increasingly important to understand how the public
Political power and profitable trades in the US Congress
The debate over whether US members of Congress should be allowed to trade individual stocks has become a mainstream policy concern. This column uses data
