Archive

Next Wednesday, June 2, Prof. Bofinger will welcome Prof. Dr. Veronika Grimm, member of the German Council of Economic Experts and professor at the Friedrich-Alexander-University Erlangen-Nuremberg, in a new online IEP Lecture starting at 2:00 pm (CET).

When Facebook unveiled its Libra project to the public in June 2019, it startled banks, central banks and politicians. Could Facebook use it to supplant government currencies? Would central banks end up losing control of the monetary system? 

A ‘helicopter money’ stimulus of direct payments to individuals, as in the US, would be neither well targeted nor transformatory in Europe.

Peter Bofinger contends that the economic impact of the pandemic has rendered obsolete the old eurozone fiscal rules.

The chair offers the new subject "European Macroeconomics" for Bachelor students in the coming semester. The module will be offered exclusively online.

The policy note by Prof. Bofinger and Thomas Haas shows that CBDC is not needed for financial inclusion in developing countries. Mobile money services like M-Pesa, based on mobile phone networks, do already a good job which cannot easily be paralleled by central banks.

In an article for the Frankfurter Allgemeine Sonntagszeitung (FAS), Prof. Bofinger critically assesses the ECB's plans for a digital euro.

Prof. Bofinger was a guest at the panel discussion of the Frankfurt Blockchain Center.

Peter Bofinger identifies the cryptocurrency’s Achilles heel.

The article is based on the corresponding CEPR discussion paper. In the paper, entitled "Central bank digital currencies risk becoming a gigantic flop", the authors assess the current discussion surrounding CBDCs.

Prof. Bofinger discussed directly with Prof. Mankiw his criticism of the standard works of economics.

In an article for the "Institute of New Economic Thinking (INET)", Prof. Bofinger explains his tweet series "The Best of Mankiw" and goes into the numerous errors and confusions of the standard works of economic education.

Without major reform of the EU fiscal framework, Peter Bofinger argues, public investment will be insufficient in the wake of the pandemic.

In a series of tweets, Prof. Bofinger points out the weaknesses of the economist N.G. Mankiw's standard works, "The Principles of Economics" and "Macroeconomics".

In the CEPR Discussion Paper, Peter Bofinger and Thomas Haas look at the current CBDC debate from a microeconomic perspective in order to restructure and reassess the previous proposals, which usually focus on macroeconomic implications.