AUTHOR'S BIO
Sylvester Eijffinger
Sylvester Eijffinger is Professor of Financial Economics at Tilburg University in the Netherlands.
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The West’s Punch Bowl Monetary Policy
Sylvester Eijffinger and Edin Mujagic Series: Frontiers of Growth 2011-03-01Choosing a short-term boost to economic growth and employment, rather than enforcing price stability, wrecked the world economy in the 1970’s and 1980’s. The outcome may not be much different this time around if Western central banks maintain their current monetary policies for much longer.... read Comments: 5 Recommended: 0 Read: 15489
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Who Next at the ECB Helm?
Sylvester Eijffinger and Edin Mujagic Series: European Economies 2011-01-17
During the crisis, the ECB has had an outstanding president in the person of Jean-Claude Trichet. But his non-renewable term will end in October 2011, and the euro’s member countries are already bargaining over his successor.... read Comments: 0 Recommended: 0 Read: 17988
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Our Deep Debt Future
Sylvester Eijffinger and Edin Mujagic Series: Frontiers of Growth 2010-05-31The current decade will be remembered as the decade of public debt, and, in some countries or regions, maybe even the decade of permanent fiscal derailment. But it would be naïve to believe that the financial and economic crisis is the only reason that public finances are in such bad shape.... read Comments: 2 Recommended: 1 Read: 12987
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The Euro’s Final Countdown?
Sylvester Eijffinger and Edin Mujagic Series: European Economies 2010-02-08
The introduction of the euro in 1999, it was claimed, would narrow the economic differences between the member countries of the monetary union. After the common currency’s first decade, however, increased divergence, rather than rapid convergence, has become the norm within the euro area, and tensions can be expected to increase further.... read Comments: 0 Recommended: 1 Read: 19366
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The Return of Monetarism
Sylvester Eijffinger and Edin Mujagic Series: Frontiers of Growth 
2009-12-08Over the last 30 years or so, many central bankers supposed that all they needed to do was keep their sights fixed on price stability. But we now know that they must also attend to financial stability, and that their ability to set interest rates cannot be used to achieve both aims simultaneously.... read Comments: 0 Recommended: 0 Read: 17152
