Entrepreneurs appear to borrow largely against their near-term revenues, even when their investment has a longer horizon. In this paper, we develop a model of credit horizons. A question of particular concern to us is whether persistently low interest rates can stifle economic activity. With...

We document a new fact: in U.S., European and Japanese surveys, households do not expect deflation, even in environments where persistent deflation is a strong possibility. This fact stands in contrast to the standard macroeconomic models with rational expectations. We extend a New Keynesian...

Organized around the theme “From Global Pandemic to Geopolitical Conflict: Pathways for the World Economy,” the symposium will examine the global economy as we emerge from the depths of the COVID-19 pandemic, as well as the far-reaching impacts of the conflict in Ukraine, elevated inflation...

This policy panel will conclude our trilogy on the links between climate change and inflation. Our panelists will discuss the recent evidence of climate change and mitigation policies driving price levels and ask: are central banks in the position to act against these growing pressures? And what...

Topics: - Propagation of financial shocks; - Technology transformation in a locked-down world; - Covid-19 & digitalisation of the workplace; - Green technologies in a post-pandemic world; - Government involvement and investment allocation; - Fiscal emergency measures and the cleansing effects of...

At the ninth Academy of Behavioural Economics, the most renowned experts in the field will introduce numerous evidence-based methods of perspective-taking along with strategies, tools and example business cases. Decision-makers from business and politics will learn value-based strategies to...

Accelerate@HHL Is The Entrepreneurship Event of Germany’s Most Entrepreneurial University – HHL Leipzig Graduate School Of Management, Organized Solely By Students. Accelerate 2022 will bring you two days of speaker sessions, workshops, panels and networking opportunities.

Continuous innovation, the basis for sustainable success, requires companies to combine continuity and innovation in several different ways. The objective of the CINet PhD seminar on “researching continuous innovation” is to help students mastering the process of getting from a research...

Topics: - Global inflation and the natural rate of interest: understanding drivers, persistence, and longer-term outlook; - Global commodity cycle; - Global spillovers from unconventional monetary policies, tapering, and central bank communications; - International monetary policy interaction and...

The conference aims to close gaps in our understanding of the international transmission of vulnerabilities, shocks and policies, and the trade-offs for policymakers, in the current environment of incomplete and divergent recoveries, high uncertainty, and structural change.