Publications

Towards the end of August, every year investors focus on the Jackson Hole conference of the central banking global elite. Given widespread acceptance among central bankers that non-temporary inflation is…

WP 2022-09. Executive Summary This paper examines the assumptions that traditional companies are subjected to a higher level of taxation companies than digital companies. Our paper calculates the effective corporate…

WP 2022-08. Executive Summary We investigate the effect of rising temperatures on regional economic development, using annual sub-national data for over 1,500 regions in 155 countries between 1990 and 2017.…

WP 2022-07. Executive Summary The paper addresses the media filtering of experts. We consider a media firm that asks experts to assess if a given problem is major or minor…

WP 2022-06. Executive Summary We experimentally investigate the link between individuals’ value on future incomes and their support for redistributive policies today. The investigation identifies time preferences as a key…

This article analyses the disparity between the substance of what was announced and the language put around it by the ECB, mainly in the press release on its Monetary Policy…

Consumer prices started rising in 2021, and the rise has quickly gathered speed. Many politicians and central bankers were caught by surprise. They initially claimed that price inflation was provoked…

WP 2022-05. Executive Summary Italy is a country marked by strong social and economic inequality among its regions. This inequality not only has deep secular roots, but seems to insistently…

WP 2022-04. Exectutive Summary When the supply of money increases and the supply of goods remains the same, inflation occurs. Thus, inflation is a monetary phenomenon. We discuss the essence…

When the history of the euro currency’s rise and decline in popularity is written, the month of June 2022 will be viewed as decisive. In June, the ECB committed to…