The world is facing a variety of severe challenges that are in tension with one another. On the one hand, there is a perceived necessity for an investment offensive bring about decarbonisation. As the paradigm of the night-watchman state is (slowly) disappearing, governments around the globe are...

The conference will focus on the new global challenges for international fiscal and monetary policy. Just three years after the recent pandemic, policy makers are confronted with a new set of global challenges. These include increasing geoeconomic fragmentation, regional conflicts and climate...

Credit market dynamics have increasingly influenced macroeconomic developments in recent years. Notably, since the start of the recent Great Recession, credit markets have been a major source of macroeconomic disturbances as well as being important in the transmission of shocks originating...