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CEP is an international nonprofit, nonpartisan economic policy think tank for sustainability focused on fiscal, monetary and trade policy. If you are interested in learning more about us or getting involved, we’d be delighted to hear from you.

 

Central Banking and Green Finance

Upcoming: 28-29 November, 2017. Co-organized with De Nederlandsche Bank
Monetary, Workshops | Tags: Environment, Financial Regulation, Green Finance
When the Leaders of the G20 met in China in 2016 they highlighted the necessity to scale up green financing. They also endorsed efforts to “provide clear strategic policy signals... continue reading

Monetary Policy and the Redistribution Channel

 | 28 June 2017
Monetary, Working Papers | Tags: Income Inequality, Inflation, Interest Rates
This paper evaluates the role of redistribution in the transmission mechanism of monetary policy to consumption. Three channels affect aggregate spending when winners and losers have different marginal propensities to... continue reading

Foreign Trade Barriers and Jobs in Global Supply Chains

 and | 27 June 2017
Trade, Working Papers | Tags: Employment, Services Trade
This paper studies the impact of foreign barriers to goods and services trade on domestic jobs that are directly or indirectly related to affected trade flows.... continue reading

The Impact of Service and Goods Offshoring on Employment: Firm-Level Evidence

, and | 29 May 2017
Trade, Working Papers | Tags: Employment, Services Trade
Advances in communication technology have led to a remarkable increase in the tradability of services, resulting in a substantial increase in offshoring of services over the last two decades. Research... continue reading

Measuring Tax Expenditures in Developing Countries: What is the Role of the G20?

 | 26 May 2017
Blog, Fiscal | Tags: Inequality, Tax Competition, Tax Expenditures
For many countries in the developing world, tax exemptions are considered a crucial instrument for stimulating private local investment and, mainly, attracting foreign direct investment (FDI) inflows. According to the... continue reading

Why Monetary Policy Should Go Green

 | 19 May 2017
Blog, Monetary | Tags: Climate Change, Collateral Frameworks, Green Finance, QE
Monetary policy is rarely a topic in debates on green finance. It should. The €60bn that the European Central Bank is currently injecting into financial markets on a monthly basis are... continue reading