Galo Nuño
@galonuno.bsky.social
Head of the Monetary Policy Division, Banco de España. Fellow @cepr.org. Research associate @cemfi.es. Views are my own. www.galonuno.com
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Galo Nuño
@galonuno.bsky.social
· May 17
Galo Nuño on X: "The natural interest rate (r*) is the real rate that would prevail in the long run. The standard view in macro is that r* depends exclusively on structural factors such as productivity growth or demographics. A short 🧵 a new paper 1/n (n=6) https://t.co/PcIzhZvDcx https://t.co/DcYa1asPX2" / X
The natural interest rate (r*) is the real rate that would prevail in the long run. The standard view in macro is that r* depends exclusively on structural factors such as productivity growth or demographics. A short 🧵 a new paper 1/n (n=6) https://t.co/PcIzhZvDcx https://t.co/DcYa1asPX2
x.com
The natural interest rate (r*) is the real rate that would prevail in the long run.
The standard view in macro is that r* depends exclusively on structural factors such as productivity growth or demographics.
A short twitter 🧵 about a new paper
x.com/NunoGalo/sta...
The standard view in macro is that r* depends exclusively on structural factors such as productivity growth or demographics.
A short twitter 🧵 about a new paper
x.com/NunoGalo/sta...
Reposted by Galo Nuño
VoxEU @ CEPR
@voxeu.org
· May 5
During periods of high #inflation, #monetarypolicy can be more effective in reducing inflation as frequent price changes lower the impact of monetary policy on economic activity.
@peterkaradi.bsky.social @galonuno.bsky.social @ernestopasten.bsky.social et al.
cepr.org/voxeu/column...
#EconSky
@peterkaradi.bsky.social @galonuno.bsky.social @ernestopasten.bsky.social et al.
cepr.org/voxeu/column...
#EconSky
Reposted by Galo Nuño
Españoles: futbolistas, tenistas ¿y banqueros centrales?
Por Galo Nuño
El título de esta columna puede haber sorprendido a más de uno (esa era mi intención), pero resume el mensaje principal: además de producir futbolistas y tenistas de talla mundial, Es...
nadaesgratis.es
Bien está lo que está bien, y es importante recordarlo en estos tiempos ... movidos.
@galonuno.bsky.social lo hace aquí con gracia para algo que producimos y que es muy valioso. Tanto que se los quedan fuera.
Dedicado a aquellos de "en el sector público no se produce"
nadaesgratis.es/admin/espano...
@galonuno.bsky.social lo hace aquí con gracia para algo que producimos y que es muy valioso. Tanto que se los quedan fuera.
Dedicado a aquellos de "en el sector público no se produce"
nadaesgratis.es/admin/espano...