S7 Ep57: Can central banks green the financial system?

S7 Ep57: Can central banks green the financial system?

Climate change, and policies that governments implement to address it, increasingly have macroeconomic impacts that are relevant for Central banks. But, within their remit, what actions can monetary policymakers take, and what actions should they take? These are questions that Frank Elderson is well qualified to answer. He is a member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, he is co-Chair of the Task Force on Climate-related Financial Risks of the Basel Committee on Banking Supervision, and he was the first Chair of the Network of Central Banks and Supervisors for Greening the Financial System. He tells Tim Phillips about the instruments available to the ECB, the contribution of the NGFS, and the limits of monetary policy in addressing the urgent challenge of climate change.

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Episoder(483)

S9 Ep56: Decoupling from China after Trump's Trade Wars

S9 Ep56: Decoupling from China after Trump's Trade Wars

In March 2025, Apple chartered cargo flights to deliver 600 tonnes of iPhones from India to the United States. A year earlier, four in five smartphones that imported to the US came from China. One of ...

25 Sep 29min

S9 Ep55: Loosening inheritance law

S9 Ep55: Loosening inheritance law

In most of the world you do not get to choose who inherits your money. Across continental Europe, Latin America, and countries governed by Islamic law, a minimum share of your estate will be reserved ...

18 Sep 25min

S9 Ep54: Does sacking the manager work?

S9 Ep54: Does sacking the manager work?

Your football team keeps losing. The season is slipping away. One thing can be changed by Friday, and the crowd is already singing about it: sack the manager.Jan van Ours (Erasmus School of Economics,...

11 Sep 18min

S9 Ep53: Lessons from Populism in Latin America

S9 Ep53: Lessons from Populism in Latin America

The new episode of VoxTalks Economics traces the effects of South Americans populism, left and right. Alejandro Werner (Georgetown Americas Institute) is one of the authors of a new paper that traces ...

4 Sep 33min

S9 Ep52: The Dollar Anchor Is Slipping

S9 Ep52: The Dollar Anchor Is Slipping

April 2025: Liberation Day. President Trump announces sweeping new tariffs. And then, the dollar did something a safe haven currency is not supposed to do: it fell.Tarek Hassan (Boston University, CEP...

2 Sep 26min

S9 Ep51: Fiscal Populism and Monetary Policy

S9 Ep51: Fiscal Populism and Monetary Policy

There is a saying in Spanish: get burned by hot milk, and the sight of a cow makes you cry. New research implies that, decades after a populist government leaves office, the central bank it once tried...

28 Aug 16min

S9 Ep50: Tariffs, Uncertainty, and the Exchange Rate

S9 Ep50: Tariffs, Uncertainty, and the Exchange Rate

Textbook economics says a tariff should strengthen a country's currency. Since the start of 2025, as US tariffs rose ... and the dollar fell.In the first of four episodes of Voxtalks based on papers p...

26 Aug 24min

S9 Ep49: Combatting sexual harassment in the military

S9 Ep49: Combatting sexual harassment in the military

Norwegian conscripts arrive at boot camp straight out of school. They are assigned at random to a shared room and they live in it for the next eight weeks. Whatever the culture of that room turns out ...

21 Aug 21min

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