Star Wars: Method Matters

Credibility of empirical research is being increasingly questioned due to the concern over the misuse of data analysis for a statistically significant impact where the expected effect does not exist. Technically, this is often called “p-hacking.” However, for most researchers, this is more like a star war.

“Banks should be much more worried about the disruption by big tech than by negative interest rates” – interview with Kenneth Rogoff

Kenneth Rogoff has been invited to Budapest by the MNB department of the Corvinus University. In his interview given to Economania blog, he lists the main risks to the global economy and the predominant role of the US dollar, and also explains, how an efficient monetary policy can be conducted well below the zero lower bound.