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Themes

  • Key Themes
  • Artificial Intelligence
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  • Climate Change
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Discussion paper

DP18011 Weighted Median Inflation Around the World: A Measure of Core Inflation

  • Laurence Ball
  • Carlos Carvalho
  • Christopher Evans
  • Luca Antonio Ricci

20 Mar 2023
  • International Macroeconomics and Finance
  • C43
  • E31
  • E52
Discussion paper

DP17002 Measuring U.S. Core Inflation: The Stress Test of COVID-19

  • Laurence Ball
  • Daniel Leigh
  • Prachi Mishra
  • Antonio Spilimbergo

3 Feb 2022
  • Monetary Economics and Fluctuations
  • E31
  • E58
Geneva 18: What Else Can Central Banks Do
Report

Geneva Reports on the World Economy

Geneva 18: What Else Can Central Banks Do

  • Laurence Ball
  • Joseph Gagnon
  • Patrick Honohan
  • Signe Krogstrup

2 Sep 2016
  • Introduction and summary
  • Dynamic simulations
  • When will the constraint bind? A simple exercise
  • A look at recent history
  • The dangers of the lower bound
  • Policy mix, interactions and financial stability
  • Beyond forward guidance: Committing to higher future inflation
  • Forward guidance
  • Helicopter money
  • Quantitative easing
  • Negative interest rates
  • How to ease monetary policy when rates hit zero
  • What about a price level target?
  • How to implement a new target
  • Credibility and the inflation target
  • Costs of a higher inflation target
  • Benefits of raising the inflation target
  • Raising the inflation target
  • Other policy aspects of post-cash economies
  • Monetary policy without cash
  • Markets are driving payments systems away from cash
  • Monetary policy in a post-cash economy
  • Conclusions: So what should be done?
Geneva 18: What Else Can Central Banks Do
Chapter

Conclusions: So what should be done?

  • Laurence Ball
  • Joseph Gagnon
  • Patrick Honohan
  • Signe Krogstrup

2 Sep 2016
Geneva 18: What Else Can Central Banks Do
Chapter

Other policy aspects of post-cash economies

  • Laurence Ball
  • Joseph Gagnon
  • Patrick Honohan
  • Signe Krogstrup

2 Sep 2016
Geneva 18: What Else Can Central Banks Do
Chapter

Monetary policy without cash

  • Laurence Ball
  • Joseph Gagnon
  • Patrick Honohan
  • Signe Krogstrup

2 Sep 2016
Geneva 18: What Else Can Central Banks Do
Chapter

Markets are driving payments systems away from cash

  • Laurence Ball
  • Joseph Gagnon
  • Patrick Honohan
  • Signe Krogstrup

2 Sep 2016
Geneva 18: What Else Can Central Banks Do
Chapter

Monetary policy in a post-cash economy

  • Laurence Ball
  • Joseph Gagnon
  • Patrick Honohan
  • Signe Krogstrup

2 Sep 2016
Geneva 18: What Else Can Central Banks Do
Chapter

What about a price level target?

  • Laurence Ball
  • Joseph Gagnon
  • Patrick Honohan
  • Signe Krogstrup

2 Sep 2016
Geneva 18: What Else Can Central Banks Do
Chapter

How to implement a new target

  • Laurence Ball
  • Joseph Gagnon
  • Patrick Honohan
  • Signe Krogstrup

2 Sep 2016
Geneva 18: What Else Can Central Banks Do
Chapter

Credibility and the inflation target

  • Laurence Ball
  • Joseph Gagnon
  • Patrick Honohan
  • Signe Krogstrup

2 Sep 2016
Geneva 18: What Else Can Central Banks Do
Chapter

Costs of a higher inflation target

  • Laurence Ball
  • Joseph Gagnon
  • Patrick Honohan
  • Signe Krogstrup

2 Sep 2016
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