Challenges for central banks

This is a talk I gave at the European Central Bank (zoom) Oct 20 2020. I survey the broad challenges facing the ECB and other central banks in a policy review, from interest rates and inflation, to financial regulation, to a list of risks to worry about, and closing thoughts on the wisdom of central banks embarking on climate change policy. pdf here. conference website with other papers and video.

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Low interest rates and government debt

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Strategic Review and Beyond: Rethinking Monetary Policy and Independence