Fuertes Α.-Μ., Kalotychou , Ε. & Saka, Ο. (2014) “ECB Policy and Eurozone Fragility: Was De Grauwe Right?“, Economic Policy, CEPS Working Documents, 20 Ιουνίου. The authors test Paul De Grauwe’s eurozone fragility hypothesis using a time window around the announcement of the Outright Monetary Transactions (OMT) programme. The findings reveal significant contagion from Spain to other eurozone countries, but solely during the pre-announcement period. The authors conclude that …Read More
Inequality in the long run
Piketty, T. & Saez, E. (2014) “Inequality in the long run“, Science, 23 Μαΐου, Vol. 344 no. 6186 σσ. 838-843. This Review presents basic facts regarding the long-run evolution of income and wealth inequality in Europe and the United States. Income and wealth inequality was very high a century ago, particularly in Europe, but dropped dramatically in the first half of the 20th century. Income inequality has surged back …Read More
The Fiscal Crisis as a Crisis in Trust
Haliassos, M. (2014) “The Fiscal Crisis as a Crisis in Trust“, Goethe University Frankfurt, Center for Financial Studies and SAFE, Frankfurt: 12 Μαΐου. The sources of the fiscal crisis have been different, but the prescribed measures amount to two: achieve budget surpluses to start reducing the size of the debt, and undertake the necessary reforms to create or boost the productive base, so as to make repayment of the …Read More
EU: Reframing Can Go Hand in Hand with Reform
Morris , M. (2014) “EU: Reframing Can Go Hand in Hand with Reform“, Eurocrisis in the Press, LSE EUROPP, 20 Ιουνίου. Last year my colleague Giulio Carini and I wrote an article about ‘reframing’ the EU. We thought that the current frames supporters of the EU were using in the debate were obstructive and we wanted to suggest some alternatives. We were particularly motivated to do so because we …Read More
Little Green Data Book 2014
The World Bank (2014) “Little Green Data Book 2014“, International Bank for Reconstruction and Development, Ιούνιος. The Little Green Data Book 2014 is based on World Development Indicators 2014 and its online database. Defining, gathering, and disseminating international statistics is a collective effort of many people and organizations. The indicators presented in World Development Indicators are the fruit of decades of work at many levels, from the field workers …Read More
It’s Time To Stand Up To Troika Austerity (Part II)
Fazi, Τ. (2014) “It’s Time To Stand Up To Troika Austerity (Part II)“, Social Europe Journal, 19 Ιουνίου. In the first part of this article I looked at the mounting evidence against austerity by organisations as varied as Caritas, the ILO, the Council of Europe and the IMF. So why is the European establishment pushing for more of the same? Social and economic misery and despair, growing inequality, dwindling public services, …Read More
Δείκτης Τάσεων Αγοράς Εργασίας 2014 – Recruitment Confidence Index
ALBA (2014) “Δείκτης Τάσεων Αγοράς Εργασίας 2014 – Recruitment Confidence Index“, Τμήμα Εφαρμοσμένης Έρευνας & Καινοτομίας, ALBA Graduate Business School at the American College of Greece, Ιούνιος. Δείκτης Τάσεων Αγοράς Εργασίας Η έρευνα του 2014 αποτελεί μια προσπάθεια αποτύπωσης των διαδικασιών και μεθόδων προσέλκυσης και επιλογής στελεχών, τις οποίες χρησιμοποιούν οι επιχειρήσεις που δραστηριοποιούνται στην Ελλάδα το τρέχον έτος. Η παρούσα μελέτη επικεντρώνεται στην καταγραφή και ανάλυση απολογιστικών στοιχείων …Read More
Το μέλλον της Ευρώπης
Grand Thornton (2014) “Το μέλλον της Ευρώπης“, Grant Thornton International Business Report 2014, Ιούνιος. Καλώς ήρθατε στην τρίτη έκδοση της έρευνας «Το μέλλον της Ευρώπης», η οποία αντλεί οικονομικά και επιχειρησιακά στοιχεία από την International Business Report (IBR) της Grant Thornton, με σκοπό την παροχή πληροφοριών σχετικά με την ανάκαμψη της Ευρώπης από την κρίση δημοσιονομικού χρέους. Οι οικονομικές προοπτικές στην Ευρώπη είναι πολύ πιο θετικές σε σχέση με …Read More
Does Culture Matter for Economic Growth?
Vollrath, D. (2014) “Does Culture Matter for Economic Growth?“, The Growth Economics Blog, 18 Ιουνίου. There’s been an increasing number of papers concerned with culture and its relationship to economic growth. I happened to just see this working paper by Di Tella and MacCulloch (2014), but the idea of culture being an important determinant of economic development levels has been hanging out there in the literature for a long time. …Read More
Does Politics Dominate Economics In Eurozone Crisis Management?
Wren-Lewis, S. (2014) “Does Politics Dominate Economics In Eurozone Crisis Management?“, Social Europe Journal, 18 Ιουνίου. Athanasios Orphanides, leading academic macroeconomist and from 2007-12 Governor of the Central Bank of Cyprus, does not hold back in a recent paper. Here is just one quote: “During the crisis, key decision makers exhibited neither political leadership nor political courage. Rather than work towards containing total losses, politics led governments to focus on …Read More