Wednesday, October 22, 2014

Sylvester Eijffinger

Sylvester Eijffinger is Professor of Financial Economics at Tilburg University in the Netherlands.

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Newsart for Rewriting Textbook Economics
Economics 2

Rewriting Textbook Economics

The Fed's decision to sustain quantitative easing for at least another month is the latest reflection of a fundamental shift in central banks' approach to monetary policy. What was once standard has… read more

Newsart for The Fed’s Scylla and Charybdis
Economics 1

The Fed’s Scylla and Charybdis

Now that the US Federal Reserve's quantitative-easing program has achieved its goal of kick-starting the economy, it is time to exit the policy. But whichever course the Fed chooses could have… read more

Newsart for OMT’s German Trial
Business & Finance 0

OMT’s German Trial

Anti-euro groups hope that the German Constitutional Court will rule that the ECB's "outright monetary transactions" program not violates the EU treaties or Germany’s constitution. But the court… read more

Newsart for Independence Lost
Business & Finance 7

Independence Lost

Since 2008, advanced countries' central banks have broken a decades-old commandment: Thou shalt not engage in monetary financing of government spending. While many of these banks have never been… read more

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