The Real Effects of Zombie Lending in Europe (Bank Underground, 6 min read)

Hawks, doves and green swans (OMFIF, 4 min read)

New forms of digital money (Bank of England, 30 min read)

What to Look for in the May Consumer Price Index (CEPR, 1 min read)

Revisiting the New Keynesian policy paradoxes under QE (Bank Underground, 4 min read)

Food (in)security: A potentially underrated collateral damage of the pandemic (VoxEU, 5 min read)

Moralising foreign policy is doomed to failure (OMFIF, 3 min read)

High-Frequency Estimates of the Natural Real Rate and Inflation Expectations (FED, 25 page read)

How Japan can escape financial socialism (OMFIF, 4 min read)

Inflation primed to return (OMFIF, 4 min read)

The Persistent Compression of the Breakeven Inflation Curve (Liberty Street Economics, 4 min read)

Central banks’ uneasy embrace of digital currencies (PIIE, 5 min read)

The market-implied effects of the Biden stimulus and the Fed’s new policy framework (VoxEU, 6 min read)

Focusing on Inflation May Miss the Bigger Risk (PIMCO, 7 min read)

Who Needs a Digital Dollar? (6 min read)

Fewer currencies, please (OMFIF, 3 min read)

Will Capital Flows through Global Banks Support Economic Recovery? (Liberty Street Economics, 6 min read)

Staying Afloat: New Measures to Support European Businesses (IMF Blog, 4 min read)

Central Banks’ Green Goals Are Raising Red Flags (Project Syndicate, 3 min read)

Pulling Up the Inflation Anchor (Project Syndicate, 3 min read)

The Draghi Power Triangle (Project Syndicate, 4 min read)

Structural Factors and Central Bank Credibility Limit Inflation Risks (IMF Blog, 5 min read)

Do banks need belts and braces? (Bank Underground, 7 min read)

Powell keeps eye on maximum employment (OMFIF, 2 min read)

Coronavirus: a year like no other (ONS, 5 min read)

COVAX Is Our Best Chance to Beat COVID (Project Syndicate, 3 min read)

Cloudy with a chance of tariffs: the impact of policy uncertainty on the global economy (Bank Underground, 6 min read)

Pandemics swing elections, but not as much as you think (VoxEU, 6 min read)

“Pop-Up” Regulations for Big Tech (Project Syndicate, 6 min read) 

Draghi’s grandest and gravest mission (OMFIF, 3 min read) 

The Coronavirus Vaccine Fail and International Elites (CEPR, 7 min read)

Where Biden Should Be More Like Trump (Project Syndicate, 5 min read)

Why Partisanship Will Increase in the Post-Trump Era (CEPR, 4 min read)

The Siren Song of Austerity (Project Syndicate, 4 min read)

The Democrats’ problem in the Senate, explained (The Bonddad Blog, 3 min read)

Why Biden Can Overcome Political Gridlock (Project Syndicate, 5 min read)

The Democrats’ Four-Year Reprieve (Project Syndicate, 4 min read)

Putin’s Flatlining Economy (Project Syndicate, 4 min read)

Political polarisation and expected economic outcomes (VoxEU, 6 min read)

Trump’s phase one trade deal with China and the US election (Peterson Institute For International Economics, 12 min read)

How Likely Is It that Courts Will Select the US President? The Probability of Narrow, Reversible Election Results in the Electoral College versus a National Popular Vote (NBER, 22 page read)

The Psychology of Trump’s Debate Rudeness (Project Syndicate, 4 min read)

Bidenomics versus Trumponomics (OMFIF, 3 min read)

Scotland after Sterling (Project Syndicate, 4 min read)

Post-COVID Capitalism (Project Syndicate, 4 min read)

The Internal Capital Markets of Global Dealer Banks (FED, 26 page read)

Who Benefited from PPP Loans by Fintech Lenders? (Liberty Street Economics, 4 min read)

Asset managers, market liquidity and bank regulation (BIS, 22 page read)

The Exchange Rate Insulation Puzzle (Cambridge INET, 43 page read)

The Economics of Hedge Fund Startups: Theory and Empirical Evidence (Journal of Finance, 36 page read)

Pricing Currency Risks (NBER, 29 page read)

Can Alternative Data Improve the Accuracy of Dynamic Factor Model Nowcasts? (INET, 26 page read)

How News Affects Sectoral Stock Prices Through Earnings Expectations and Risk Premia (ECB, 20 page read)

The Youths Are Coming For The Housing Market (A Wealth of Common Sense, 3 min read)

Everybody Lies: Pollster Edition (A Wealth of Common Sense, 3 min read)

It Is Time To Scrap the IMF’s Reserve Adequacy Metric (CFR, 6 min read)

Euro area sovereign bond risk premia during the Covid-19 pandemic (ECB, 34 page read)

Dominant Currencies: How Firms Choose Currency Invoicing And Why It Matters (NBER, 37 page read)

The Changing Nature of Turkey’s Balance Sheet Risks (CFR, 4 min read)

Machine Learning the News for Better Macroeconomic Forecasting (Bank Underground, 5 min read)

Why category leading brick and mortar retailers are likely the biggest long term COVID beneficiaries (Gavin Baker,13 min read)

Machine learning the news for better macroeconomic forecasting (Bank Underground, 5 min read)

Are Climate Change Policies Politically Costly? (IMF, 22 page read)

The pricing of carbon risk in syndicated loans: which risks are priced and why? (BIS, 24 page read)

A Global Incentive to Reduce Emissions (Project Syndicate, 4 min read)

Global pricing of carbon-transition risk (VoxEU, 3 min read)

Rising Market Power—A Threat to the Recovery? (IMF Blog, 3 min read)

Raskin says US ready to lead in climate battle (OMFIF, 3 min read)

Global Pricing of Carbon-Transition Risk (NBER, 28 page read)

Private sector’s retreat jeopardises rebound (OMFIF, 4 min read)

Europe’s ESG Opportunity (Project Syndicate, 6 min read)

Neglecting climate change endangers ECB independence (OMFIF, 1 min read)

Why everyone should be using Signal instead of WhatsApp (Wired, 3 min read)

Time to align finance with biodiversity objectives (OMFIF, 2 min read)

An Apocalypse Foretold: Climate Shocks and Sovereign Defaults (IMF, 14 page read)

Green bond issuance set to double by 2023 after hitting $1trn (Expert Investor, 2 min read)