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Timely analysis on the latest developments in economic policy. The Blog is a point of reference for policymakers, influencers and journalists.

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15 December 2014

TLTRO spoils Christmas holidays at the ECB

It’s beginning to look a lot like Christmas, but it does not look like Santa Claus has any intention to stop by Frankfurt. Today, the ECB revealed the

15 December 2014

The economics of P2P lending

Lending Club has captured the attention this week as it became listed on Thursday on the NY Stock Exchange and its share spiked nearly 70% in trading

11 December 2014

The superiority of economists

What’s at stake: Marion Fourcade and her co-authors (Etienne Ollion and Yann Algan) have made a big splash this week in econ departments and in t

05 December 2014

Central bank rates deep in shadow

Measuring the impact of monetary policy on the economy at the zero lower bound is difficult. After 2008, central banks cut policy rates close to zero

05 December 2014

The ECB winter of discontent

It was the last meeting before Christmas at the ECB, as well as the first in the new premises and the last with a non-rotating voting system. It ended

03 December 2014

The ECB’s balance sheet, if needed

In his press conference on November 6th, ECB President Mario Draghi pledged monetary stimulus, although only “if needed.” These words have won Mr

01 December 2014

The new oil price war

What’s at stake: Opec’s decision to leave its output ceiling of 30m barrels a day unchanged on Thursday has sent crude prices into a tailspin. Un

27 November 2014

Unbundling Google users from Europe

The European Parliament is about to approve a motion calling for the unbundling of Google's services. But the proposal misses the point: will consumer

25 November 2014

A crazy idea about Italy

Italy needs growth in nominal GDP to stop its debt burden from rising any further. It also needs to reform its economy, raise its productivity an

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Republishing and referencing policy

Bruegel considers itself a public good and takes no institutional standpoint. Anyone is free to republish and/or quote any of our posts without prior consent. Please provide a full reference, clearly stating Bruegel and the relevant author as the source and include a prominent hyperlink to the original post.