Galbraith, K. J. (2015) “The Real Thing: An Anti-austerity European Government“, Social Europe Journal, 07 Απριλίου. I have just come from Athens where I have, for the last several days, had the high privilege of working with the government of Greece, and especially with the Finance Minister, my very good friend, Yanis Varoufakis. I’ve actually had two occasions, so far, to observe the drama that’s unfolding in Europe from …Read More
Viva la competencia
Kern, A. (2015) “Viva la competencia“, The European Magazine, 27 Μαρτίου. Argentina was once the economic pride of the southern hemisphere. There is barely anything left after a half-century of misrule. Europe can (and must) learn from this cautionary tale. The distance between Santiago de Chile and Bueneos Aires is only one hour flying time: an hour that separates the future from the past. One travels from an emerging …Read More
Βιβλιοθήκη » EE » Πολιτική » Άρθρα Γνώμης
Price discrimination by big manufacturers: Supporting arguments for its prohibition by European competition law
Herweg, F. & Müller, D. (2015) “Price discrimination by big manufacturers: Supporting arguments for its prohibition by European competition law“, VoxEU Organisation, 07 Απριλίου. Manufacturers discriminating among retailers is an important issue in competition policy. Specifically, the EU allows quantity discounts but forbids discriminatory discounts – a policy that does not jive with standard economic analysis which suggests that banning price discrimination improves allocative efficiency and typically also raises …Read More
Income insurance: a theoretical exercise with empirical application for the euro area
Carnot, N. & Evans, P. (2015) “Income insurance: a theoretical exercise with empirical application for the euro area“, European Commission, Economic and Financial Affairs, European Economy – Economic Papers 546, Μάρτιος. This paper examines whether hypothetical macroeconomic insurance schemes of various kinds could improve the degree of cyclical income stabilisation in the euro area. We review the potential issues, the underlying trade-offs and the necessary conditions for such schemes …Read More
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Parliamentary administrations are an important pillar in the parliamentary scrutiny of EU affairs
Högenauer, A. L. & Neuhold, C. (2015) “Parliamentary administrations are an important pillar in the parliamentary scrutiny of EU affairs“, LSE EUROPP, 03 Απριλίου. National parliaments were given new powers to scrutinise EU legislation in the Treaty of Lisbon. As Anna-Lena Högenauer and Christine Neuhold write, the intention was to bring EU issues closer to European citizens, however one largely overlooked feature is the role of parliamentary bureaucracies in …Read More
A Eurozone Without Greece – It’s time to think more seriously about this possibility
Richard Barwell, A Eurozone Without Greece – It’s time to think more seriously about this possibility, Wall Street Journal, 01 Απριλίου 2015. The 24-hour news cycle is causing a cacophony of speculation about Greece leaving the euro, the so-called Grexit. Amid all the arguments about whether Greece will or should exit, there has been a lot less thought given to what would happen if Greece does return to the …Read More
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Capital control measures: A new dataset
Fernández, Α., Klein, W. M., Rebucci, A., Schindler, M. & Uribe, M. (2015) “Capital control measures: A new dataset“, VoxEU Organisation, 02 Απριλίου. A renewed interest in capital controls following the Great Recession requires a serious empirical reconsideration of their effectiveness as policy instruments. This column introduces a new dataset that features unprecedented levels of disaggregation between asset categories, and distinguishes transactions between residents and non-residents. The ensuing debate …Read More
Eurozone interbank lending market during the Global and EZ crises
Abbassi, P., Bräuning, F., Fecht, F. & Peydró, J. S. (2015) “Eurozone interbank lending market during the Global and EZ crises“, VoxEU Organisation, 02 Απριλίου. The Global Crisis and subsequent sovereign debt crisis in the Eurozone severely distressed wholesale funding markets. This column argues that in the Eurozone, interbank funding conditions tightened particularly for cross-border borrowing. Moreover, during the worst moments of the crisis, the same borrower bank could …Read More
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A World Without The Welfare State
Dr Richard M. Ebeling (2015) “A World Without The Welfare State“, The Cobden Centre, Politics 29 Μαρτίου. We live in an era in which few can even conceive of a world without the welfare state. Who would care for the old? How would people provide for their medical needs? What would happen to the disadvantaged and needy that fell upon hard times? In fact, there were free market solutions …Read More
Βιβλιοθήκη » EE » Κοινωνία » Πολιτική » Άρθρα Γνώμης
ECB should start funding government infrastructure and cash handouts
Mitchell, B. (2015) “ECB should start funding government infrastructure and cash handouts“, Bill Mitchell Blog, 30 Μαρτίου. I was a signatory to a letter published in the Financial Times on Thursday (March 26, 2015) – Better ways to boost eurozone economy and employment – which called for a major fiscal stimulus from the European Central Bank (given it is the only body in the Eurozone that can introduce such …Read More
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