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Προτάσεις πρόσφατων δημοσιεύσεων

Ντομπρόβσκις στην «Κ»: «Η Ελλάδα πρέπει να κλείσει την γ΄ αξιολόγηση πριν από το τέλος του έτους»

Βαρβιτσιώτη, Ελένη, (2017), «Ντομπρόβσκις στην «Κ»: «Η Ελλάδα πρέπει να κλείσει την γ΄ αξιολόγηση πριν από το τέλος του έτους»», Η Καθημερινή, 19 Σεπτεμβρίου O αντιπρόεδρος της Ευρωπαϊκής Επιτροπής Βάλντις Ντομπρόβσκις, υπεύθυνος για θέματα Ευρωζώνης, μιλάει στην «Κ» στην αρχή της τρίτης αξιολόγησης και εξηγεί γιατί πρέπει να ολοκληρωθεί πριν από το τέλος του έτους, τις δυσκολίες που εμπεριέχει αλλά και γιατί η συζήτηση για το κατά πόσον η Ελλάδα …Read More

The IMF Needs to Stop Torturing Greece

Bass, J. Kyle, (2017), «The IMF Needs to Stop Torturing Greece», Bloomberg View, 19 Σεπτεμβρίου “Beware of Greeks bearing gifts,” wrote the ancient Roman poet Virgil. In the 21st century, it’s the Greeks who should have been more careful about accepting offerings — specifically from the International Monetary Fund, which is now torturing the country in a misguided effort to get its money back. Σχετικές Αναρτήσεις Gelpern, Anna, (2017), «The …Read More

Έρευνα για τις Προοπτικές Απασχόλησης – Ελλάδα

ManpowerGroup, (2017), «Έρευνα για τις Προοπτικές Απασχόλησης – Ελλάδα», Σεπτέμβριος Η Έρευνα της ManpowerGroup για τις Προοπτικές Απασχόλησης διεξάγεται κάθε τρίµηνο και καταγράφει τις προθέσεις των εργοδοτών να αυξήσουν ή να µειώσουν τον αριθµό των ατόµων που απασχολούν στην επιχείρησή τους, κατά το προσεχές κάθε φορά τρίµηνο. Η Έρευνα της ManpowerGroup για τα σχέδια προσλήψεων των εργοδοτών διεξάγεται για περισσότερο από 50 χρόνια και είναι µία από τις πιο έγκυρες …Read More

In a Great Recession, the case for flexible exchange rates is alive and well

Corsetti, Giancarlo, Müller, Gernot, Kuester, Keith, (2017), «In a Great Recession, the case for flexible exchange rates is alive and well», VoxEU, 16 Σεπτεμβρίου The classic rationale for flexible exchange rates was that policymakers would be unconstrained by currency targets. The Great Recession, however, saw numerous central banks constrained instead by the zero lower bound. This column considers which exchange rate regime is best for small open economies in a global …Read More

Drifting Apart: Income Convergence in the Euro Area

Franks, Jeffrey, Schölermann, Hanni, (2017), «Drifting Apart: Income Convergence in the Euro Area», IMF Blog, 13 Σεπτεμβρίου The experience of recent decades has challenged the prediction that the single currency would help differences in income levels across euro area countries narrow over time. This income convergence among the founding countries of the euro has not happened, prompting a need for further economic reforms. While newer members of the euro have converged, …Read More

The Euro’s Narrow Path

Eichengreen, Barry, (2017), «The Euro’s Narrow Path», (2017), Project Syndicate, 11 Σεπτεμβρίου With Emmanuel Macron’s victory in the French presidential election, and Angela Merkel’s Christian Democratic Union enjoying a comfortable lead in opinion polls ahead o Germany’s general election on September 24, a window has opened for eurozone reform. The euro has always been a Franco-German project. With a dynamic new leader in one country and a fresh popular mandate …Read More

How has banking union changed mergers and acquisitions?

Goncalves Raposo, Ines, Wolff, Guntram B., (2017), «How has banking union changed mergers and acquisitions?», Bruegel, 13 Σεπτεμβρίου The aim of the banking union was to break the toxic link between banks and states. One way of achieving this is by increasing cross border banking through mergers and acquisitions. This blog shows that little has changed in M&A activity since the banking union was launched. In fact, we seem to be …Read More

Nordea’s move to the Banking Union is no surprise

Schoenmaker, Dirk, (2017), «Nordea’s move to the Banking Union is no surprise», Bruegel, 12 Σεπτεμβρίου Scandinavian banking giant is moving to Finland. This is not just a flight from increasing taxes and tighter regulation in its current home, Sweden. Nordea is also moving inside the banking union to find a fiscal backstop large enough to see it through any future crisis. Will this vote of confidence encourage Sweden and Denmark …Read More

A Feasible Unemployment-Based Shock Absorber for the Euro Area

Brandolini, Andrea, Carta, Francesca, D’Amuri, Francesco, (2017), «A Feasible Unemployment-Based Shock Absorber for the Euro Area», Journal of Common Market Studies, 54(5), pp. 1123-1141 Based on theoretical insights, this article identifies the broad characteristics that a shock absorber based on unemployment should have in order to be incentive-compatible and politically feasible. It then empirically derives the combination of activation thresholds, experience rating, eligibility criteria and benefit generosity which define the …Read More

Headline inflation measures shouldn’t ignore costs of home ownership

Hampl, Mojmir, Havranek, Tomas, (2017), «Headline inflation measures shouldn’t ignore costs of home ownership», VoxEU, 12 Σεπτεμβρίου Seven out of every ten Europeans live in their own homes, yet Europe’s most important inflation measure excludes the costs associated with owner-occupied housing. This column argues that including the costs of home ownership would prove beneficial to the conduct of monetary and macroprudential policy. It would also bring the measure closer to …Read More