This paper investigates how monetary expansion affects household consumption and savings through household debts. Using monetary policy cuts in China in the end of 2008 as an experiment, we find that the resulted increase in indebted households’ disposable income leads to increasing...

This paper develops a new class of poverty and inequality measures we call common prosperity. This measure complements existing classes of measures and allows decomposition across income sources or components of consumption expenditure. This framework enables us to study the trade-off between...

Cyberspace, as the backbone of the digital single market and being strongly embedded in our society, reflects this uncertainty through the increasing number of threats and attacks we’re seeing on digital technologies. Against this backdrop, the EU’s posture on cybersecurity should respond to...

The conference will focus on the role of microdata for macroeconomics. Microdata for the purposes of EM3C is broadly defined and includes (but is not limited to) survey data, administrative data, experimental data, expectations data, etc. Work with new, previously unexplored microdata is...

The conference will cover a variety of themes related to upcoming macroeconomic risks and the policies needed to tackle them. These topics include (but are not limited to): - Inflation risk and monetary policy ; - Polarization within a monetary union ; - Managing global debt ; - Advances in the...

Topics: - The State and the Family: (Desired and Undesired) Effects of Family Policies ; - How Should We Design Parental Leave Policies? Evidence from Two Reforms in Italy ; - The Effects of Minimum Working Hours: Theory and Evidence ; - Heterogeneous Responses of Productivity to Labor Market...

The aim of this course is to be an introduction in how to do consumer behavior research, rather than to provide exhaustive coverage of the field as a whole. It will focus on evaluating papers, preparing research ideas, and developing them into research proposals in four important areas of...

This year’s workshop theme is individual level consequences of exposure to violent conflict with an emphasis on innovative designs, new methods and data to identify causal impacts of armed violence exposure on social, economic, and political behaviors and attitudes of individuals. We invite...

Das auf fossilen Energien beruhende, wachstumsabhängige System ist in einer tiefen Krise. 50 Jahre nachdem der Club of Rome in seinem ersten Bericht die ökologischen „Grenzen des Wachstums“ aufgezeigt hat, sind grundlegende planetare Grenzen weit überschritten. Und die aktuellen Krisen...

The world is facing a concurrence of crises: the war in Ukraine and the ongoing recovery from COVID-19 on top of the effects of climate change. While differing very much in nature, these crises all have a decisive effect on economic and monetary policy. With our conference, we seek to develop a...