Topics: - Transmission and effectiveness of monetary policy; - Causes and effects of economic and financial crises; - Asset prices and economic fluctuations; - Macroeconomic models with financial frictions; - Fiscal-monetary interactions and the resolution of the public and private sector debt...

The purpose of the IRFMP is to promote the discussion of innovative research on theoretical and empirical macroeconomic issues with relevance for monetary policy. Topics: - factors accounting for very low global real interest rates; - whether central banks have adequate scope to ease policy in a...