Researcher, macroeconomist, Bundesbank.
All views are my own personal opinions and do not reflect the opinion of the Bundesbank, the Eurosystem, or its staff.
Regulation allowing banks to assign a zero-risk weight to sovereign #debt issued by any #EU country leads to capital misallocation and a significant reduction in household #welfare.
T Fueki @Hitotsubashi_U, P Hürtgen @bundesbank, T Walker @IUBloomington
https://t.co/ONqYsFe0V0
Faced with higher #productivity#uncertainty, firms set prices more flexibly, and this gives rise to comparatively large price hikes when adverse supply #shocks hit.
Makram Khalil @bundesbank, Vivien Lewis @bundesbank
https://t.co/hJYiW2NE9D