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

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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.

09.09.2019 - Macroeconomics

The digital Euro

by Thomas Mayer

The euro should be restructured as a full digital currency. The Euro would then no longer be created by banks though loans and neither misused by the Euro states as a financing instrument. The economy and the financial system would become more stable ...

02.07.2019 - Macroeconomics

A digital Euro to compete with Libra

by Thomas Mayer

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Digitalization would give the euro a viable long term perspective, which it is unlikely to have in the credit money system.

05.03.2019 - Society & Finance

Discovering Markets

by Thomas Mayer Marius Kleinheyer

The Discovering Market Hypothesis (DMH) is a better way to explain price movements in financial markets than conventional theory.

22.02.2019 - Macroeconomics

Greece’s Pyrrhic Victory

by Thomas Mayer

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Membership in EMU keeps Greece locked in deflationary debt and cost reduction, with which it cannot cope, despite all well-intended structural reform.
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