European Central Bank @ecb@respublicae.eu
Unofficial automated mirror. No copyright asserted. ∎ The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.
Joined Apr 2022
RT European Central Bank Research
🚨The ECB Forum on Central Banking is taking place in Sintra next week, so it’s also time again for the Young Economist Prize! We’ll post about all 10 finalists this week, but those of you who can’t wait to learn more about them, check the YEP website:
https://www.ecb.europa.eu/pub/conferences/ecbforum/YE_competition/html/index.en.html
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1670702247305441281
RT European Central Bank Research
#YoungEconomistPrize finalists: @florsa215 finds that without an appropriate fiscal framework to stabilise government debt, quantitative tightening has little impact on inflation. Read her paper for more details:
https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Florencia_Airaudo_Paper.pdf https://t.co/6dIiDpGcss
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1670740690362327041
RT European Central Bank Research
#YoungEconomistPrize finalists: Fernando Cirelli's research shows that inflation disproportionally harms the ability of low- and mid-wealth households to save money by lowering the real return on their assets. Find out more in his paper:
https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Fernando_Cirelli_Paper.pdf https://t.co/YIlLW7yE4l
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1670790058117349383
RT European Central Bank Research
#YoungEconomistPrize finalists: @Mridgyy studies whether inflation expectations respond to monetary policy. She finds that inflation targeting has no direct impact on short run inflation expectations but an indirect effect via inflation. Read more: https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Mridula_Duggal_Paper.pdf https://t.co/QjBKqvUy1B
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1671102093422125059
RT European Central Bank Research
#YoungEconomistPrize finalists: @giulia_gitti analyses the post-Covid inflation in the US and finds that a decrease in unemployment raises inflation by three times more than before Covid. Check out her paper for more details https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Giulia_Gitti_Paper.pdf https://t.co/3GkI6OuvM8
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1671137822437257216
RT European Central Bank Research
#YoungEconomistPrize finalists: @jptguerreiro finds that people express different levels of attention to the macroeconomy. This makes recessions more severe and changes how the economy responds to monetary and fiscal policies. More at: https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Joao_Guerreiro_Paper.pdf https://t.co/1Ik4mzp8Ee
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1671546270668791808
RT European Central Bank Research
#YoungEconomistPrize finalists: @marko25mlikota looks at how price changes transmit through supply chains and drive sectoral prices. Shocks in sectors on top of supply chains (e.g. energy) take longer to affect aggregate prices. Find out more https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Marko_Mlikota_Paper.pdf https://t.co/6hybuy7cIG
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1671553564173533185
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
Unofficial automated mirror. No copyright asserted. ∎ The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.
Joined Apr 2022
