Mostly Economics |
| Choosing Bank of England’s Chief Economist: Manager or Thought Leader? Posted: 07 Jun 2021 02:11 AM PDT Andy Haldane, Chief Economist of Bank of England resigned recently. Andrew Sentance, former MPC member in this blogpost looks at the qualities the new chief economist should have: The Bank of England is searching for a new Chief Economist, and the formal deadline for applications was Wednesday 2 June. But what is the Bank's Chief […]  |
| Posted: 06 Jun 2021 10:40 PM PDT Prof Nicholas Muller in this NBER research paper explains green interest rate: This paper demonstrates how a central bank might operationalize an expanded role inclusive of managing risks from environmental pollution. The analysis introduces the green interest rate (rg) which depends on temporal changes in the pollution intensity of output. This policy instrument reallocates consumption […]  |
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