Electricity Tariff Deficit: Temporary or Permanent problem in the EU?

7 Οκτωβρίου, 2014

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Johannesson Linden, Α., Kalantzis, F., Maincent, E. & Pienkowski, J. (2014) “Electricity Tariff Deficit: Temporary or Permanent problem in the EU?“, European Economy. Economic Papers. 534. Οκτώβριος. In the recent years electricity tariff deficits emerged in Spain, Portugal, Greece and in some other Member States. Tariff deficits are shortfalls of revenues in the electricity system, which arise when the tariffs for the regulated components of the retail electricity price …Read More

Βιβλιοθήκη » EE » Οικονομία » Επιστημονικά Άρθρα

The End of Normal: The Great Crisis and the Future of Growth

7 Οκτωβρίου, 2014

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Galbraith, J. K., The End of Normal: The Great Crisis and the Future of Growth, Simon and Shuster, New York: Σεπτέμβριος 2014. The years since the Great Crisis of 2008 have seen slow growth, high unemployment, falling home values, chronic deficits, a deepening disaster in Europe—and a stale argument between two false solutions, “austerity” on one side and “stimulus” on the other. Both sides and practically all analyses of …Read More

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The German experiment has failed

7 Οκτωβρίου, 2014

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Mitchell, B. (2014) “The German experiment has failed“, Mainly Macro Blog, 07 Οκτωβρίου. In the last week, several new data releases have shown that the Eurozone crisis is now consolidating in the core of Europe – France, Italy and … yes, Germany. The latter has forced nonsensical austerity on its trading partners in the monetary union. And, finally, the inevitable has happened. Germany’s factories are now in decline because …Read More

Βιβλιοθήκη » EE » Οικονομία » Πολιτική » Άρθρα Γνώμης

EU Employment and Social Situation – Quarterly Review

6 Οκτωβρίου, 2014

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European Commission (2014) EU Employment and Social Situation – Quarterly Review, Social Europe, Publications Office of the European Union: September 2014, 06 Οκτωβρίου. Monitoring of the labour market and the social situation The EU Employment and Social Situation Quarterly Review gives an overview of recent developments in the European labour market and social situation, including short-term changes in GDP and employment growth, in employment and unemployment rates, and in …Read More

Βιβλιοθήκη » EE » Οικονομία » Εκθέσεις-Μελέτες

Eurostat Regional Yearbook 2014

6 Οκτωβρίου, 2014

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Kotzeva, M. (Ed.) (2014) Eurostat Regional Yearbook 2014, Eurostat Publications, Οκτώβριος. Statistical information is an important tool for understanding and quantifying the impact of political decisions in a specific territory or region. The Eurostat regional yearbook 2014 gives a detailed picture relating to a broad range of statistical topics across the regions of the Member States of the European Union (EU), as well as the regions of EFTA and …Read More

Βιβλιοθήκη » EE » Οικονομία » Εκθέσεις-Μελέτες

Challenges and New Beginnings: Priorities for the EU’s New Leadership

6 Οκτωβρίου, 2014

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European Policy Centre (2014) “Challenges and New Beginnings: Priorities for the EU’s New Leadership, Challenge Europe, Issue 22, Σεπτέμβριος. Foreword There has been a lot of attention on the current transition of power taking place in Brussels. For the first time in European Union history, the new President of the European Commission will take up his post after being nominated as ‘Spitzenkandidat’ of the party group which gained the …Read More

Βιβλιοθήκη » EE » Πολιτική » Κείμενα Πολιτικής

Eurozone Asymmetries

6 Οκτωβρίου, 2014

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Wren-Lewis, S. (2014) “Eurozone Asymmetries“, Mainly Macro Blog, 05 Οκτωβρίου. Suppose a large Eurozone country – let’s call it France – decided that it needs to substantially increase its minimum wage in order to reduce poverty. The increase is sufficiently large that it leads to a sustained increase in average French wage inflation, which in turn decreases the competitiveness of France relative to the rest of the Eurozone. France …Read More

Βιβλιοθήκη » EE » Οικονομία » Άρθρα Γνώμης

Why A European Unemployment Insurance Would Help To Make EMU More Sustainable

6 Οκτωβρίου, 2014

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Dullien, S. (2014) “Why A European Unemployment Insurance Would Help To Make EMU More Sustainable“, Social Europe Journal, 03 Οκτωβρίου. Since the onset of the euro-crisis, the old debate pertaining to the supra-national stabilisers in the euro-area has gained new relevance. While economic textbooks have long stipulated that countries forming a monetary union need an alternative mechanism for dealing with asymmetric shocks and even the early feasibility studies on …Read More

Βιβλιοθήκη » EE » Πολιτική » Κείμενα Πολιτικής

Economists Are Blind to the Limits of Growth

6 Οκτωβρίου, 2014

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Buchanan, M. (2014) “Economists Are Blind to the Limits of Growth“, Bloomberg View, 05 Οκτωβρίου. For all their calculating nature, economists are surprisingly optimistic about humanity’s ability to have as much prosperity as it wants. Express concern about the negative impact of excessive growth on our planet’s ecosystems, and many will simply chuckle and say you don’t understand what growth means. Nobel laureate Paul Krugman, for example, chides natural …Read More

Βιβλιοθήκη » EE » Οικονομία » Άρθρα Γνώμης

The Effects of a Money-Financed Fiscal Stimulus

6 Οκτωβρίου, 2014

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Galí, J. (2014) “The Effects of a Money-Financed Fiscal Stimulus“, Centre for Economic Policy Research, 24 Σεπτεμβρίου. I analyze the effects of an increase in government purchases financed entirely through seignorage, in both a classical and a New Keynesian framework, and compare them with those resulting from a more conventional debt-financed stimulus. My findings point to the importance of nominal rigidities in shaping those effects. Under a realistic calibration …Read More

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