The Overstated Effects of Conventional Monetary Policy
Do higher interest rates really bring prices down, or just slow the economy?
The MORPEP project (Monetary Policy and Energy Prices) at TU Chemnitz focuses on the effects of energy prices and taxation on demand, as well as the distributional effects of green fiscal policies.
In partnership with Wiiw, MORPEP examines the impacts of conventional monetary policy on output, inflation, and employment. This project is led by Sebastian Gechert, full professor of Macroeconomics at TU Chemnitz and expert in Meta Analysis with more than 15 years of experience working on European macroeconomic policy issues.
Str. der Nationen 62
09111 Chemnitz
Germany
Do higher interest rates really bring prices down, or just slow the economy?
Raising energy prices hardly changes how much households heat or cool. It mostly just makes them poorer.
Corporate tax cuts promise growth, but decades of data show they deliver none.
How many points of potential growth did Europe trade for early consolidation?