01.01.2020 - Macroeconomics

The Abdication

by Thomas Mayer

The German Bundestag has accepted its gradual disempowerment through the expansion of the monetary union into a liability community for the sake of European peace. But in fact it also abdicates by surrendering the "royal right of parliament".

14.01.2020 - Macroeconomics

Is there a savings glut due to pension savings?

by Thomas Mayer Kai Lehmann

The thesis that interest rates would have been lowered by a flood of savings due to greater efforts to save for retirement is not supported by facts.

07.01.2020 - Macroeconomics

The Euro & Its Impact On European Banking

by Thomas Mayer

Thomas Mayer in talk with The Investor's PODCAST on questions about the euro, differences to the US dollar and digital central bank money.

30.10.2019 - Macroeconomics

Reasons for the Demise of Interest: Savings Glut and Secular Stagnation or Central Bank Policy?

by Thomas Mayer Gunther Schnabl

In this paper we compare the Keynesian, neoclassical and Austrian explanations for low interest rates and sluggish growth.

24.10.2019 - Macroeconomics

A digital euro to save EMU

by Thomas Mayer

In this paper I summarise my proposal, which has appeared in various publications, to relaunch the euro as digital central bank money.

11.10.2019 - Macroeconomics

Introducing the FvS Business Cycle Indicator for Germany

by Thomas Mayer Agnieszka Gehringer Agnieszka Gehringer & Thomas Mayer

[Translate to English:]
Video
Developments of the FvS BCI so far this year suggest that recession could have started in April 2019. But a final judgement based on our methodology will have to wait until we have seen the recession trough.
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