Politics and investment: Examining the territorial allocation of public investment in Greece

3 Μαρτίου, 2015

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Rodríguez-Pose, Α., Psycharis, Υ. & Tselios, V. (2015) “Politics and investment: Examining the territorial allocation of public investment in Greece“, VoxEU Organisation, 03 Μαρτίου. Electoral results and the geographical allocation of public investment in Greece have been intimately related. This column describes how incumbent Greek governments between 1975 and 2009 tended to reward those constituencies returning them to office. Increases in both the absolute and relative electoral returns for …Read More

Βιβλιοθήκη » EE » Οικονομία » Πολιτική » Επιστημονικά Άρθρα

Post-Crisis banking regulation: Evolution of economic thinking as it happened on Vox

2 Μαρτίου, 2015

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Danielsson, J. (2015) “Post-Crisis banking regulation: Evolution of economic thinking as it happened on Vox“, VoxEU Organisation, 02 Μαρτίου. This column introduces a new Vox eBook collecting some of the best Vox columns on financial regulations, starting with the fundamentals of financial regulations, moving on to bank capital and the Basel regulations, and finishing with the wider considerations of the regulatory agenda and the political dimension. Collecting columns from …Read More

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ECB minutes: What they really tell us”

2 Μαρτίου, 2015

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Wyplosz, C. (2015) “ECB minutes: What they really tell us”, VoxEU Organisation, 02 Μαρτίου. The ECB has finally begun releasing the minutes of its policymaking meetings, something the world’s major central banks have been doing since the 1990s. This column asks whether the publication of these minutes increases ECB transparency. While providing useful information on analysis at the ECB, the minutes lack the details on the actual discussions and …Read More

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A referendum on Britain’s EU membership is a sure fire way to encourage the breakup of the UK

2 Μαρτίου, 2015

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Murkens, J. (2015) “A referendum on Britain’s EU membership is a sure fire way to encourage the breakup of the UK“, LSE EUROPP, 02 Μαρτίου. David Cameron has pledged to hold a referendum on the UK’s EU membership if his Conservative party wins a majority at the British general election in May. Jo Murkens writes on the impact an EU referendum would have on the UK’s place in Europe …Read More

Βιβλιοθήκη » EE » Πολιτική » Άρθρα Γνώμης

Potential growth rates and the working of SGP fiscal rules

2 Μαρτίου, 2015

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Cottarelli, C. (2015) “Potential growth rates and the working of SGP fiscal rules“, VoxEU Organisation, 02 Μαρτίου. The European Commission has clarified the flexibility in existing Eurozone fiscal rules. This column argues that the emphasis on structural rather than headline deficits is desirable but requires identification of potential growth rates. The way the Commission currently estimates potential output yields potential growth estimates that are very low. Thus, a year …Read More

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Germany is not a model for Europe – it fails abroad and at home

2 Μαρτίου, 2015

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Mitchell, B. (2015) “Germany is not a model for Europe – it fails abroad and at home“, Billy Mitchell Blog: Modern Monetary Theory … macroeconomic reality, 02 Μαρτίου. Some time ago I wrote a blog – The German model is not workable for the Eurozone (February 3, 2012) where I outlined why Germany’s export-led growth strategy could not be a viable model for the rest of the Eurozone nations. …Read More

Βιβλιοθήκη » EE » Πολιτική » Άρθρα Γνώμης

The critical junction – Unless Germany charts a new business course, it will lose out to the rest of the world economy

2 Μαρτίου, 2015

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Görlach, Α. (2015) “The critical junction – Unless Germany charts a new business course, it will lose out to the rest of the world economy“, The European Magazine, 02 Μαρτίου. Sigmar Gabriel lives in the 19th century. For the German Minister for Economic Affairs, the list of what matters isn’t long: industry, German cars and so forth. Digital innovation? New business models? Not for him. He is, rather, stirring …Read More

Βιβλιοθήκη » EE » Οικονομία » Πολιτική » Άρθρα Γνώμης

Credit supply and the housing boom

27 Φεβρουαρίου, 2015

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Justiniano, A., Primiceri, G. & Tambalotti, A. (2015) “Credit supply and the housing boom“, VoxEU Organisation, 27 Φεβρουαρίου. There is no consensus among economists on the forces that drove the historical rise of US house prices and household debt that preceded the Global Crisis. In this column, the authors argue that the fundamental factor behind that boom was an increase in the supply of mortgage credit. This rise was …Read More

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Debt sustainability and economic convergence of Euro-area Member States: Challenges and Solutions

27 Φεβρουαρίου, 2015

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Mauro, P. (2015) “Debt sustainability and economic convergence of Euro-area Member States: Challenges and Solutions“, European Parliament, Directorate General for Internal Policies – Economic Governance Support Unit, Φεβρουάριος. Abstract The Eurozone is at risk of economic stagnation and the crisis has led to the most pervasive and pronounced increase in government debt-to-GDP ratios since the Second World War. Member countries are facing vastly differing economic growth rates, with some …Read More

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Fiscal multipliers in downturns and the effects of Eurozone consolidation

26 Φεβρουαρίου, 2015

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Gechert, S., Hughes Hallett, A. & Rannenberg, A. (2015) “Fiscal multipliers in downturns and the effects of Eurozone consolidation“, Centre for Economic Policy Research, Policy Insight No. 79, 25 Φεβρουαρίου. The literature on fiscal multipliers has expanded greatly since the outbreak of the Global Crisis. This column introduces CEPR Policy Insight 79, which reports on a meta-regression analysis of ﬁscal multipliers collected from a broad set of empirical reduced form …Read More

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