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Levy et al find state budget gains outweigh Medicaid expansion costs in Michigan

Indian lab cofounded by Adhvaryu demonstrates links among women's skills training, employment, welfare, and company profits

Bleakley says state educational initiatives favoring skills-oriented career training may have more ROI for employers than workers

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Live coverage of former Census director on crucial issues surrounding Census 2020. TODAY 2 pm.

PDHP invites applications for Faculty Small Grants in support of population science

ISR seeking applicants for new Community Guides program

PRB policy communication training for pre-docs extends application deadline to March 12

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Mon, April 2, 2018, noon: Sean Reardon on Educational Inequality

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Kimball's argument against paper currency cited in NYT column on ECB's negative interest rates

a PSC In The News reference, 2014

"Europe Gets Negative Interest Rates. What Does That Even Mean?" - New York Times. 06/04/2014.

On June 5, 2014 the European Central Bank adopted a negative interest rate policy for the 18 euro currency nations, a measure designed to stimulate the economy. However, because this policy may ultimately affect commercial bank customers in the form of zero interest paid on deposits and fees charged for accounts, the ECB is also concerned about large-scale withdrawals from the banking system. What to do? This column points to Miles Kimball's position that if paper money could be all but eliminated in favor of electronic money, "the so-called zero lower bound on interest rates would no longer exist, and central banks could easily set negative interest rates in a depressed economy to encourage more spending and investment."

Kimball's QUARTZ column on e-money


Miles Kimball

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