Cross-country Insurance Mechanisms in Currency Unions

28 Μαρτίου, 2014

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Van Beers, N., Bijlsma, M. & Zwart T. J., G. (2014) “Cross-country Insurance Mechanisms in Currency Unions”, Bruegel Institute, 27 Mαρτίου. Countries in a monetary union can adjust to shocks either through internal or external mechanisms. We quantitatively assess for the European Union a number of relevant mechanisms suggested by Mundell’s optimal currency area theory, and compare them to the United States. For this purpose, we update a number …Read More

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The Eiffel Group: A political community to rebuild the architecture of the euro

28 Μαρτίου, 2014

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Benassy-Quéré, A. & Vallee, S. (2014) “The Eiffel Group: A Political Community to Rebuild the Architecture of the Euro“, VoxEU Organisation, 27 Μαρτίου. The recent crisis has highlighted some problems in the current structure of the Eurozone, such as the lack of political integration. This column introduces the Eiffel group – a group of French experts – and its call for a ‘political community of the euro’. The economic …Read More

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The Chartbook of Economic Inequality

26 Μαρτίου, 2014

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Atkinson, T. & Morelli, S. (2014) “The Chartbook of Economic Inequality“, VoxEU Organisation, 26 Μαρτίου. Inequality – long ignored – is now centre stage in debate about economic policy around the globe. This column introduces the Chartbook of Economic Inequality, a summary of long-run changes in economic inequality for 25 countries over more than 100 years. Inequality – long ignored – is now centre stage in debate about economic …Read More

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Future of Skills in Europe: Convergence or Polarisation?

17 Μαρτίου, 2014

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Beblavý, M. & Veselkova, Μ. (2014) “Future of Skills in Europe: Convergence or Polarisation?“, Social Welfare Policies, CEPS Working Documents, 27 Φεβρουαρίου. In this Working Paper, based on nearly 20 papers produced by the Centre for European Policy Studies, Slovak Governance Institute and the Conference Board Europe, we examine whether the current trends in the areas of education and skills are pushing the European Union, towards convergence or polarisation. …Read More

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Persistent unemployment poses a substantive threat to democracy in Southern European countries

13 Μαρτίου, 2014

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Muro, D. & Vidal Lorda, G. (2014) “Persistent unemployment poses a substantive threat to democracy in Southern European countries“, London School of Economics and Political Science, 13 Μαρτίου 2014. The purpose of competitive elections is to reward good politicians and punish bad ones, but what happens if elections can no longer fulfil this role? Diego Muro and Guillem Vidal write that developments in Southern European countries since the start of …Read More

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Latvia and Greece: Less is More

11 Μαρτίου, 2014

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Biggs, M. & Mayer, T. (2014) “Latvia and Greece: Less is More“, Economic Policy, CEPS High-Briefs, 12 Φεβρουαρίου 2014 Key Points: Despite considerable differences, there were also many similarities in economic performance between Latvia and Greece before their respective adjustment crises. After the immediate crisis, however, economic activity rebounded sharply in Latvia but continued to contract in Greece. This paper argues that this difference was due primarily to developments in …Read More

Βιβλιοθήκη » EE » Ελλάδα » Οικονομία » Άρθρα Γνώμης Επιστημονικά Άρθρα

Financing the Real Economy

11 Μαρτίου, 2014

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Canton, E. (2014) “Financing the Real Economy“, ECFIN Economic Brief, Issue 30, Φεβρουάριος 2014. Introduction In the aftermath of the economic and financial crisis, policymaking became more geared towards structural reforms to support the process of economic recovery, steered at the EU level through the reinforced economic govern-ance. While there areencouraging signs that an economic recovery is underway in Europe, growth pro-spects are modest and further re-forms remain necessary …Read More

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The Euro at Age 15 — Is it a Reserve Currency Yet?

10 Μαρτίου, 2014

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Horne, P. (2014) “The Euro at Age 15 – Is it a Reserve Currency Yet?”, The European Institute, Φεβρουάριος 2014. The euro was welcomed at birth on Jan. 1, 1999, as a new financial currency (coins and banknotes were issued three years later) and hoped by its promoters to be an alternative to the dollar, which had reigned as the world’s primary reserve currency since the 1944 Bretton Woods agreement. …Read More

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European Central Bank accountability: how the monetary dialogue could be improved

5 Μαρτίου, 2014

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Claeys, G., Hallerberg, M. and Tschekassin, O. (2014), “European Central Bank accountability: how the monetary dialogue could be improved”, Bruegel, 3 Μαρτίου. According to the European Union Treaties, the European Central Bank (ECB) is accountable to the European Parliament. In practice, this accountability takes mainly the form of a quarterly Monetary Dialogue between the president of the ECB and the European Parliament Economic and Monetary Affairs committee. We assess the …Read More

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Fiscal Integration in the Eurozone: Economic Effects of Two Key Scenarios

25 Φεβρουαρίου, 2014

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Dolls, Μ., Fuest, C., Neumann, D. and Peichl, A., (2014), “Fiscal Integration in the Eurozone: Economic Effects of Two Key Scenarios”, EUROMOD Working Paper 1/14, Ιανουάριος. The 2008-09 crisis has shown that some euro area member countries were unable to sufficiently stabilize their economies which has given rise to a debate about deeper fiscal integration in Europe. In this paper, we analyze the redistributive and stabilizing effects of two scenarios …Read More

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