Hoffmann, Mathias.
How do members of existing monetary unions share risk? Drawing on a decade of research, this column argues that fiscal transfers in fact make a limited contribution to economic coherence. In the context of Europe’s current crisis, the evidence suggests that unfinished capital market integration must be completed if we wish to see adequate and effective risk sharing.
Πηγή: Voxeu
David Chaloupka, Tibor Lalinský and Paloma Lopez-Garcia The advent of AI has been widely hailed as a driver of productivity growth. Yet simply adopting AI
Δείτε (ή διαβάστε) εδώ μία συζήτηση ανάμεσα στον Πώλ Κρούγκμαν και τον καθηγητή οικονομικών στο Πανεπιστήμιο Άμερστ της Μασαχουσέτης, Αριντραζίτ Ντουμπ, σχετικά με το πώς
Masatoshi Ando and Álvaro Pina Since the global financial crisis, the size of central bank balance sheets has varied widely, both over time and across