RT European Central Bank Research
#YoungEconomistPrize finalists: @e_moracci studies the interaction between cash holdings and payment method choices of households. He finds that the imperfect acceptance of cashless payments by merchants motivates people to hold cash. https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Elia_Moracci_Paper.pdf https://t.co/Y4eq7MrcwB
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1671858073143500801
RT European Central Bank Research
#YoungEconomistPrize finalists: @RachelJNam finds that borrowers with low credit scores share their customer data more readily, which leads to an increase in the probability of loan approval and a reduction in interest rates. Read more at https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Rachel_Nam_Paper.pdf https://t.co/O8ATO646u0
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1671875686657667075
RT Frank Elderson
Looking forward to participating at the #ECBForum on Central Banking in Sintra, Portugal next week!
We’ll be discussing how to keep our economy stable in a volatile inflation environment.
Check out the three-day programme and watch live via our website https://www.ecb.europa.eu/pub/conferences/html/20230626_ecb_forum_on_central_banking.en.html https://n.respublicae.eu/ecb/status/1671162493677481985
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RT European Central Bank Research
#YoungEconomistPrize finalists: @LksNord finds that retailers set lower prices for a product if a large share of demand comes from poor households that carefully compare prices. This lowers inequality and affects how retail prices react to aggregate shocks https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Lukas_Nord_Paper.pdf https://t.co/BrcYrMWrSJ
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1672181183965196289
RT IMFLive
Tune in Wednesday, June 28 for the @ecb Forum on Central Banking, where IMF Chief Economist @POGourinchas rates how effective unconventional fiscal policy is in times of high inflation in the euro area. https://bit.ly/3JvCesh https://t.co/ILBR85zI4d
🐦🔗: https://n.respublicae.eu/IMFLive/status/1672231399204503553
Letter from the ECB President to Mr Chris MacManus, MEP, on cash payments https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter2306023_MacManus~99ed5922a7.en.pdf
RT Frank Elderson
Failing to take into account climate, environmental and ecological factors would be failing to deliver on our mandate. If we destroy nature, we destroy the economy, which is why threats to nature ultimately have a material impact on the banking system https://www.bankingsupervision.europa.eu/press/speeches/date/2023/html/ssm.sp230623~6731c533c7.en.html https://t.co/aW6kaiLh67
🐦🔗: https://n.respublicae.eu/FrankElderson/status/1672273995234701312
RT Gita Gopinath
I hope you will join me on Monday, June 26th, at 3 PM ET as I talk about 3 uncomfortable truths central bankers face as they continue to fight high inflation now & adapt monetary policy strategy for the future. Watch my speech live during the @ecb Forum: https://bit.ly/44hvnuG https://t.co/DUC8OgiOkS
🐦🔗: https://n.respublicae.eu/GitaGopinath/status/1672288386218901511
RT European Central Bank Research
#YoungEconomistPrize finalists: Alba Patozi looks at the green transmission of monetary policy. Her research shows that, in response to a shock to monetary policy, green firms are significantly less impacted than their ‘brown’ counterparts. Read more at https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Alba_Patozi_Paper.pdf https://t.co/0rmu3Uyxgh
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1672292270228291604
RT IMFLive
Central banks around the world face 3 uncomfortable truths in their fight against inflation. Join First Deputy Managing Director @GitaGopinath on Monday June 26 at 3 PM ET 8PM WET for the @ecb Forum on Central Banking. https://bit.ly/3JJHu95 https://t.co/rDwwRA2lx5
🐦🔗: https://n.respublicae.eu/IMFLive/status/1672326171437199360
RT IMFLive
On Wednesday, June 28, the Director of the European Department, Alfred Kammer, will participate in a panel on lessons from recent experiences in macroeconomic forecasting at the @ecb Forum on Central Banking. Tune in to his session in Sintra, Portugal: https://bit.ly/3JvCesh https://t.co/XLKGXBWXJK
🐦🔗: https://n.respublicae.eu/IMFLive/status/1672530068063789057
Inflation is an economic evil, and fighting it must be our goal, Vice-President Luis de Guindos tells @abc_es. Headline and underlying inflation will decline in the medium term, but we need to ensure our price stability target is met.
Read more https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in230625~1624b322e4.en.html https://t.co/xmmRRW3CIy
Re Interview with Vice President Luis de Guindos with @abc_es in Spanish https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in230625~1624b322e4.es.html
Register now and watch live from 11:45 CET: Supervisory Board Chair Andrea Enria appears at a fireside chat at European Financials Conference, organised by Goldman Sachs https://events.zoom.us/ev/Ang5gx2OqETKUxe9mO-72SNMIk0uX67AcY80-f_A1gD4FAKgIj3L~AggLXsr32QYFjq8BlYLZ5I06Dg
Watch live from 10:00 CET: Vice-President Luis de Guindos discusses the European banking package at a seminar on the Capital Requirements Regulation and Directive, organised by the @europarl_en https://www.youtube.com/watch?v=Xw-3VWfcJbE
RT @FrankElderson: Central banks and supervisors must consider the impact biodiversity loss and the degradation of nature are having on the financial system. To get a clearer picture, the @ecb has started assessing loan data.
More in my latest post on #TheECBblog https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog230608~5cffb7c349.en.html https://t.co/6V6CqFFoHk
Humanity needs nature to survive – as do the economy and banks. As more species go extinct, the ecosystems we rely on become less diverse. This poses a growing financial risk that we can’t ignore, warns Executive Board member @FrankElderson in #TheECBblog https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog230608~5cffb7c349.en.html
RT @FrankElderson: Biodiversity and nature-related services, like pollination and clean water, are important for the economy. It’s not about flower power or tree hugging, but price stability, financial stability and sound banks.
Read my interview with @FT https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in230608~7247c0aaca.en.html https://t.co/CYv2K2vcf4
Interview Frank Elderson with the Financial Times https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in230608~7247c0aaca.en.html
See also the Dutch and French versions of the interview below:
➡️Dutch https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in230607~3fc7acf294.nl.html
➡️French https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in230607~3fc7acf294.fr.html
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