🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Am 29.10. hält Steffen Murau einen spannenden Vortrag über die politische Ökonomie großflächiger Transformationen. Kommt vorbei im F4, diskutiert mit uns und stellt eure Fragen. Wir freuen uns auf jeden Teilnehmer. Kein Vorwissen ist erforderlich!

1/11 🌍 Europe’s Green Transition will require an estimated *€620bn annually* to decarbonise sectors like energy and industry. With the financial system under strain, questions arise about whether Europe’s monetary architecture can meet this challenge. journals.sagepub.com/doi/10.1177/10…

2/11 💶 We adopt the *Monetary Architecture* framework to see the European monetary and financial system as a web of interconnected public, private, and hybrid balance sheets. This unveils new ways to grasp how finance can be mobilised for green projects. #CriticalMacroFinance

🚨 Job alert 🚨 We are looking for a highly motivated PhD researcher who would like to join our group in central Berlin from April 2025 to work on the OBFA-TRANSFORM project (obfa-transform.eu) See job ad below (deadline 15 Dec 2024) 👇 Full ad: rb.gy/ihwsuy

📖 Nouveau rapport 📖 En examinant de nombreuses études sur le financement public et privé des grandes transformations, nous avons construit une boîte de quarante-huit outils. Malgré le contexte budgétaire contraint, nos marges de manœuvre restent importantes ⬇️

1/What do the KTF, the autobahn and the chimney sweepers' pension fund have in common? They are all part of the wide landscape of off-balance-sheet fiscal agencies (OBFA) in Germany and therefore part of our new working paper with Andrei Guter-Sandu 👨‍🏫🌱💶🇺🇦 Steffen Murau and Armin Haas.

2/Bringing together law&political economy, we map Germany's fiscal ecosystem. We place each entity on a coordinate system and depict its proximity or distance to the core budget based on its legal status and revenue model, as well as the characteristics of the debt it has issued.

Excited to share the first volume of our new OBFA-TRANSFORM Working Paper series At the intersection of law and political economy, we map out Germany's 'fiscal ecosystem' which includes core budgets and off-balance-sheet fiscal agencies

wondering about EU fiscal stuff?✨ With the Recovery and Resilience Facility (RRF), the EU is now a big player in the bonds market. In a new working paper with Andrei Guter-Sandu 👨‍🏫🌱💶🇺🇦 Armin Haas Steffen Murau we conceptualise the RRF as Schrödinger's off-balance-sheet fiscal agency (OBFA)

In the landscape of EU OBFAs, the RRF occupies a new layer: The RRF is legally an off-budget fund similar to the EFSF, but the EU issues bonds on behalf of it. The proceeds are channeled through the RRF into the EU's long-term budget, the Multiannual Financial Framework.

🚨Call for Papers We are organizing a special session at this year's @eaepe conference in Athens (24-26 Sep 2025) on the Political Economy of the Eurozone Crisis Details here: tinyurl.com/2ffbeyj2 Apply until 1 March with a 300-750 word abstract at eaepe.org/abstract-submi…

Paper submissions for the #EAEPE conference in Athens remain possible until Saturday this week. If you're interested in joining our special session on the political economy of the Eurocrisis, please upload an abstract! Details below 👇

Heute in BTO: Die Politik hofft, dass sich der #Euro angesichts des Chaos in den USA als Rivale für den Dollar etabliert. Keine leichte Aufgabe. Was dafür erforderlich ist, erklärt Steffen Murau think-beyondtheobvious.com/keine-chance-f… via @

🚨 Out now: Die dritte Surplus-Ausgabe »Wir kümmern uns« ist da. Neoliberale schaffen einen Staat, der die Menschen allein lässt. Doch es braucht gemeinsame Fürsorge. In den nächsten Tagen im Briefkasten, am Kiosk oder sofort online auf: 👉surplusmagazin.de/surplus-3-wir-…

Mit dabei sind: Melinda Cooper, @maxinefowe, Jo Luecke (she/her), Britta Sembach, Friederike Beier, Viktoria Reich, C. Katharina Spiess, Matthias Ubl, Markus Marterbauer, Max Hauser, Xenia Miller, Lukas Scholle, Caro Rübe, Steffen Murau, Moritz Kapff, ...

'Sondervermögen' eigener Art vormerken: Leviathan-Sonderband 2025 POLITISCHE THEORIEN ÖFFENTLICHER FINANZEN. ZUR (DE-)POLITISIERUNG VON GELD, EIGENTUM UND STEUERN, hrsg. mit Aaron Sahr & Eva Weiler und mit vielen tollen Beiträgen u.a. von… nomos-shop.de/en/p/politisch…