Independent research and policy analysis on fiscal, monetary, and
regulatory issues in Europe
This policy paper analyzes Javier Milei’s shock therapy in Argentina as a response to chronic inflation, fiscal disorder, institutional weakness, and collapsing trust in economic policy. It examines the preconditions of Argentina’s crisis, the logic of rapid adjustment, and the …
Submit your research to the IREF Working Paper Series. Selected papers are eligible for publication and receive an honorarium of up to €2,000, including additional compensation for outreach (blogpost, podcast).
Taxes
Companies & regulation
Public spending
Crisis
Globalization
Finance & banking
Jobs & unemployment
Environment
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Public universities suffer from a serious disease: what Milton and Rose Friedman called the tyranny of the status quo. Public …
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Canonical Austrian business cycle theory holds that a lower rate of interest lengthens the structure of production. Fillieule (2007) derives …
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When central banks make decisions about inflation, interest rates, or financial stability, they rely heavily on economic research. But where …
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One of the main promises behind the euro was economic convergence. By sharing a common currency, European economies were expected …
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For nearly two decades, the European Central Bank has relied on exceptionally low interest rates, massive asset purchases, and generous …
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Monetary policy changes the stability of German banks differently based on their ownership and business goals. Existing literature shows that …
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