A growing number of asset owners now expect their investment managers to incorporate ESG factors into their investment processes. This means that ESG needs to be at the core of the relationship…
Existing payment systems get more and more disrupted. As a consequence of the global trend of digitizing payments and generating new business models from the use of blockchain-based digital…
The authors propose a framework of optimal monetary policy where debt sustainability may, or may not, be a relevant constraint for the central bank. They show analytically that in each environment…
