Revised TARGET2 Paper & Implications for ECB of Cyprus Exit
I’ve updated my TARGET2 paper. Here is a post with a link to the new paper and a discussion relating […]
Central Banks, Euro Crisis
Target2
Central Banks, Euro Crisis
All You Wanted to Know About TARGET2 But Were Afraid to Ask
I’ve written a new paper on TARGET2. This post introduces and links to the paper.
Central Banks, Euro Crisis
Presentation: Target2 and the Euro Crisis
Yesterday, I gave a presentation on “Target2 and the Euro Crisis” at the Bank of England’s Centre for Central Banking
Euro Crisis
A History Lesson for Professor Sinn
Hans-Werner Sinn has an article in today’s New York Times. The main point of the article is to rebut arguments
Central Banks, Euro Crisis
Another Week, Another Target 2 Article
Another week, another academic hyperventilating about the crucial importance of Target2. This week’s entry is from Michael Burda of Humboldt
Central Banks
Vox-EU Article on Target2 & Some Thoughts on Central Bank Balance Sheets
I have written a new article on Target2 for Vox-EU titled “TARGET2: Not why Germans should fear a euro breakup.”
Central Banks
CESIfo Embarrasses Itself Again
CESIfo Group, the research Institute of which Hans-Werner Sinn is president, has developed a fondness for issuing anonymous press releases
Central Banks
ELA is Printed, Not Borrowed
A member of the fourth estate passed on to me a “Background Briefing” from the government on promissory notes. It