European Commission, (2016), “The 2016 Stability and Convergence Programmes: An Overview and Implications for the Euro Area Fiscal Stance”, European Commission, Institutional Paper 034, Σεπτέμβριος This paper provides an overview of the current fiscal policy in the euro area and the EU, and at Member State level. It presents an overview of Member States’ 2016 Stability and Convergence Programmes (SCPs) as well as an analysis of the recent and prospective fiscal stance in …Read More

Salto, Matteo, (2016), “Fiscal Policy after the Crisis”, European Commission, Discussion Paper 35, Ιούλιος This paper presents the proceedings of the annual Public Finance Workshop organised by the Directorate-General for Economic and Financial Affairs in Brussels on 19 January 2016 in relation with the publication of its Public Finance in EMU 2015 Report. After the double-dip recession between 2009 and 2013, growth is gradually returning to the EU and the euro area but it …Read More

OECD, (2016), “Quarterly National Accounts”, Volume 2016 Issue 1, 2 Αυγούστου The OECD’s Quarterly National Accounts contains a selection of the accounts most widely used by economic analysts: GDP by expenditure and by industry, gross fixed capital formation by asset, gross fixed capital formation by institutional sector, and components of disposable income are all shown at both current and constant prices. Saving and Net lending and GDP by income at current …Read More

Berahab, Rim, Boot, Nuria,Dadush, Uri, El Aynaoui, Karim, El Mokri, Karim, Tagliapietra, Simone, Wilson, Karen E., Wolff, Guntram B., Zachmann, Georg, (2016), “Seven years after the crisis: intersecting perspectives”, Bruegel, 19 Αυγούστου This joint publication brings together the papers produced as part of the first collaboration between Bruegel and the OCP Policy Center. Within the theme of “Seven Years after the Crisis: Intersecting Perspectives” our two organisations launched a “Platform for Advanced & Emerging Economies Policy Dialogue” in Rabat on 1 April …Read More

Marzinotto, Benedicta, (2016), “Income Inequality and Macroeconomic Imbalances under EMU”, LSE, Μάιος This paper explains the build-up and reversal of euro area macroeconomic imbalances by considering the interaction between the underlying income distribution in each country and EMU-induced financial liberalization. The argument is that the sharp increase in money supply since the early 1990s had the effect of relaxing collateral constraints for illiquid lowerincome groups, whilst having no specific impact on …Read More