Roth, Felix, Jonung, Lars, Nowak-Lehmann, Felicitas, (2016), “Public support for the euro”, VoxEu, 11 Νοεμβρίου The euro as a common currency has recently been the subject of harsh criticism by economists from both sides of the Atlantic, including claims that citizens in some Eurozone countries are turning against the it. This column argues that, in fact, the euro currently enjoys comfortable popular support in each of the 12 original member …Read More
Σε υψηλό δύο ετών ο πληθωρισμός στη Γερμανία
Ναυτεμπορική, (2016), “Σε υψηλό δύο ετών ο πληθωρισμός στη Γερμανία”, Ναυτεμπορική Οικονομία & Αγορές, 11 Νοεμβρίου Στο υψηλότερο επίπεδο των τελευταίων δύο ετών αυξήθηκε ο πληθωρισμός στη Γερμανία, καθώς τον Οκτώβριο διαμορφώθηκε στο 0,2% έναντι του Σεπτεμβρίου και στο 0,8% έναντι του Οκτωβρίου του 2015. Σχετικές Αναρτήσεις Eurostat/Flash estimate – October 2016 Euro area annual inflation up to 0.5% /214/2016 – 31 October 2016 Eurostat/September 2016 Annual inflation up to 0.4% …Read More
Income convergence during the crisis: did EU funds provide a buffer?
Merler, Silvia, (2016), “Income convergence during the crisis: did EU funds provide a buffer?”, Bruegel, 10 Νοεμβρίου Economic convergence is at the heart of European Union integration. Cohesion policy was born in the 1980s with the aim of complementing the creation of a single European market and fostering the economic development of less advantaged EU regions. This objective is especially relevant in light of the economic crisis that has exacted …Read More
A Decentralised Fiscal Stimulus Is The Right Answer To The EMU’s Problems
Fazi, Thomas, Iodice, Guido, (2016), “A Decentralised Fiscal Stimulus Is The Right Answer To The EMU’s Problems”, Social Europe, 9 Νοεμβρίου The global financial crisis exposed the euro’s original sin of depriving member states of their fiscal autonomy without transferring this spending power to a higher authority. This left member states utterly defenceless in the face of economic crises such as the 2008 booms-gone-bust. Yet, the crisis didn’t bring about, as …Read More
Βιβλιοθήκη » EE » Οικονομία » Άρθρα Γνώμης
Οι κίνδυνοι για την Ισπανία
Carlson, Sarah, Condrand, Mickael, (2016), “Οι κίνδυνοι για την Ισπανία”, Καθημερινή, 8 Νοεμβρίου Την περασμένη εβδομάδα, ο κ. Μαριάνο Ραχόι ορκίστηκε για δεύτερη φορά πρωθυπουργός της Ισπανίας, επικεφαλής κεντροδεξιάς κυβέρνησης μειοψηφίας. Η δεύτερη θητεία τού κ. Ραχόι δίνει τέλος στο πολιτικό αδιέξοδο της Ισπανίας, έπειτα από δέκα μήνες, δύο εκλογικές αναμετρήσεις χωρίς ξεκάθαρο νικητή και πολυάριθμες αποτυχημένες προσπάθειες συγκρότησης κυβερνητικού συνασπισμού. Ωστόσο, το γεγονός ότι η κυβέρνηση δεν έχει την …Read More
Βιβλιοθήκη » EE » Πολιτική » Άρθρα Γνώμης
Some are more equal than others: new estimates of global and regional inequality
Darvas, Zsolt, (2016), “Some are more equal than others: new estimates of global and regional inequality”, Bruegel, 8 Νοεμβρίου Zsolt Darvas compares four methodologies to estimate the global distribution of income and find that many methods work well, but the method based on two-parameter distributions is more accurate than other methods. This method is simpler, easier to implement and relies on a more internationally-comparable dataset of national income distributions than …Read More
Diverging household debt patterns in the Eurozone: The role of institutions
Bover, Olympia, Casado, Jose Maria, Costa, Sónia, Du Caju, Philip, McCarthy, Yvonne, Sierminska, Eva, Tzamourani, Panagiota, Villanueva, Ernesto, Zavadil, Tibor, (2016), “Diverging household debt patterns in the Eurozone: The role of institutions”, VoxEu, 8 Νοεμβρίου Household micro-data reveal striking differences in secured debt holdings across Eurozone countries. This column presents new evidence on the role of household characteristics and country institutions in accounting for the cross-country patterns observed. In countries with …Read More
The Skills Delusion
Turner, Adair, (2016), “ The Skills Delusion”, Social Europe, 7 Νοεμβρίου Everybody agrees that better education and improved skills, for as many people as possible, is crucial to increasing productivity and living standards and to tackling rising inequality. But what if everybody is wrong? Σχετικές Αναρτήσεις Kai Liua, Kjell G. Salvanes, Erik Ø. Sørensen, (2016), “Good skills in bad times: Cyclical skill mismatch and the long-term effects of graduating in …Read More
Βιβλιοθήκη » EE » Οικονομία » Άρθρα Γνώμης
Big Danger at the Lower Bound
Rogoff, Kenneth, (2016), “Big Danger at the Lower Bound”, Project Syndicate, 2 Νοεμβρίου Markets nowadays are fixated on how high the US Federal Reserve will raise interest rates in the next 12 months. This is dangerously shortsighted: the real concern ought to be how far it could cut rates in the next deep recession. Given that the Fed may struggle just to get its base interest rate up to 2% …Read More
Βιβλιοθήκη » EE » Οικονομία » Άρθρα Γνώμης
A Perfectly Crazy Idea for the IMF
Panizza, Ugo, (2016), “A Perfectly Crazy Idea for the IMF”, Project Syndicate, 2 Νοεμβρίου Emerging economies inhabit a risky world characterized by volatile capital flows. But, rather than rely on the IMF to fulfill its mandate of protecting them from liquidity crises, they self-insure by accumulating large stockpiles of international reserves. Emerging and developing economies now lend nearly $7.5 trillion to the US Treasury – resources that could be used …Read More