- 2024 (46)
- October (4)
- September (5)
- Jakub Steiner Elected a Member of the Learned Society of the Czech Republic
- Prague Conference on Real-Time Data Analysis, Methods and Applications
- Talking Economics Emerging Scholars: Daniil Kashkarov
- The Economics Institute Supports the Candidacy of Jiří Plešek for the Position of President of the CAS
- Christian Ochsner awarded the Jan Švejnar and Katherine Terrell Teaching Prize at CERGE-EI for 2023/2024
- August (5)
- July (1)
- June (8)
- New Academic Placements for CERGE-EI PhD Candidates
- Meet Our Alumni: Tamta Sopromadze
- Second-Year Research Fellowships Recipients Announced for 2024
- Congratulations to Michal Bauer on Being Named Professor at Charles University!
- Two CERGE-EI alumni among the most influential women in the Czech Republic
- Additional Application Round Open
- Graduation Ceremony 2024
- High Energy Prices and High Levels of Regulation Threaten European Growth
- May (5)
- Talking Economics: Behind Bars and Beyond - Insights into Criminal Behavior and the Czech Justice System
- Roundtable Debate on the Current Challenges for Czech Economic Policy
- Meet Our Alumni: Daniel Husek
- The Czech Academy of Sciences Awards Two CERGE-EI Scientists with the Title "Doctor of Science"
- Heterogeneous Agents in Macroeconomic Models
- April (6)
- March (4)
- February (4)
- January (4)
- 2023 (72)
- December (8)
- Admissions to MA program open
- Admissions to PhD program open
- CERGE-EI News at the Turn of the Year 2023
- Sympathy and Support
- Nastiness in Groups
- The Czech Economic Society awarded the Young Economist of the Year 2023 Awards
- Filip Matějka Receives the Prize of the Berlin-Brandenburg Academy of Sciences
- Jan Zápal and Jan Švejnar become committee members of European Economic Association
- November (5)
- October (1)
- September (5)
- August (2)
- July (6)
- June (8)
- Filip Matějka Named Charles University Professor
- Webinar for Applicants: Academics & Admissions
- People of CERGE-EI: Meet Our Alumni
- New Academic Job Placements for CERGE-EI PhD Candidates
- Insights from #AlumniLive Seminar with Juraj Valachy
- Webinar for Applicants
- WEast conference 2023
- What happened in May at CERGE-EI
- May (6)
- April (2)
- March (10)
- Liyou Borga: Investing in Mental Health Will Pay Off Very Well
- Academics from CERGE-EI received the Bedřich Hrozný Prize
- People of CERGE-EI: Meet Our Faculty
- Rational Inattention: A Review
- Greetings from PRINCETON
- Ante Šterc Took Third Place in CSE's Young Economist of the Year Award
- February 2023 at CERGE-EI
- Open Day 2023 - recording
- People of CERGE-EI: Meet Our Faculty
- People of CERGE-EI: Meet Our Faculty
- February (9)
- Štěpán Jurajda: Social Isolation is Costly
- Policy Brief by Jan Švejnar
- Ukrainian solidarity or a lingering fear of the unknown?
- People of CERGE-EI: Meet Our Faculty
- People of CERGE-EI: Meet Our Alumni
- January 2023 at CERGE-EI - we started a new year
- Open Classes
- Jan Hanousek Jr. - Young Economist of the Year
- (Virtual) Open Day 2023
- January (10)
- Sebastian Ottinger: Just a Few People Can Make a Difference
- People of CERGE-EI: Meet Our Researchers
- People of CERGE-EI: Meet Our Alumni
- CERGE-EI in the Media in 2022 - How Did We Do?
- CERGE-EI Scientists' Top Journals Publications at the Start of 2023
- CERGE-EI Researchers Have Received GA CR Grants
- CERGE-EI Succeeded in the Awards of the Czech Economic Society
- People of CERGE-EI: Meet Our Faculty
- CERGE-EI News at the Turn of the Year 2022
- December at CERGE-EI
- December (8)
- 2022 (32)
- December (7)
- People of CERGE-EI: Meet Our Faculty
- Congratulations to Michal Kejak on Being Named Professor at Charles University!
- People of CERGE-EI: Meet Our Alumni
- People of CERGE-EI: Meet Our Faculty
- Michal Bauer Receives Education Ministry Award for Outstanding Scientists
- Congratulations to Our Alumni Excellence Fellowship Recipient
- November at CERGE-EI
- November (8)
- People of CERGE-EI: Meet Our Alumni
- Azizbek Tokhirov Becomes First Recipient of Newly Established Stapleton Scholars Award
- Gérard Roland: Empires, Nation States, and Democracies: Perspectives on the War in Ukraine
- Human: Solving the Global Workforce Crisis in Healthcare
- Jan Švejnar - "Where We Are and Where We Are Heading"
- Top CERGE-EI economists in the Media
- October 2022 at CERGE-EI
- Second-Year Research Fellowships Recipients Announced for 2022
- October (11)
- The Price of War Symposium
- The Week of the Czech Academy of Sciences - Daniel Münich
- The Week of the Czech Academy of Sciences - Filip Pertold
- SYRI National Institute seeks concrete recommendations for crises
- People of CERGE-EI: Meet Our Alumni
- Monetary Policy since the 1970s: There and Back Again
- Nobel Prize in Economics recognizes research on banks and crises
- CERGE-EI is a Czech Treasure
- Nobel Prize in Economics 2022
- September 2022 at CERGE-EI
- Summer 2022 at CERGE-EI
- September (5)
- Labor Economics: Yesterday, Today, and Tomorrow
- Klára Kalíšková: There Are Big Reserves in Increasing Labor Force
- CERGE-EI to participate in the EXCELES program supported by the National Recovery Plan
- Newly established Stapleton Scholars Award to support mobility of excellent CERGE-EI students
- Alumni Picnic Prague
- August (1)
- December (7)
News
Jaroslav Borovička: Think About the Long-Term Outlook
16 August, 2022
How are monetary and fiscal policy able to address the challenges presented by the events of recent years, such as COVID-19, war on Ukraine, or increase in energy prices? In Talking Economics, Katarína Stehlíková and Jaroslav Borovička give us a macroeconomic look at the current economy.
“One good thing to remember about both monetary and fiscal policy is that both are long-term games. When the central bank applies a policy, it builds reputation. Reputation is important for a stable environment and credible policies. The same thing is true about fiscal policy. Stable environment on the fiscal side is equally important for investments decisions, for example, in regards to the energy crisis. So, don’t get lost in the day-to-day changes and think about the long-term outlook,” says Jaroslav.
Jaroslav Borovička is a CERGE-EI MA in Economics alumnus. He holds a PhD degree from the University of Chicago and works as an Associate Professor at the Department of Economics, New York University in the United States.
You can listen to Talking Economics on Spotify, Google Podcasts, Apple Podcasts, and YouTube.