Strack, P. & Viefers, P. (2014) “Regret and economic decision-making“, VoxEU Organisation, 16 October.   Regret can shape preferences and thus is an important part of the decision-making process. This column presents new findings on the theoretical and behavioural implications of regret. Anticipated regret can act like a surrogate for risk aversion and could deter investment. However, once people have invested, they become attached to their investment. This commitment is …Read More

Timeline: The Evolution of EU Economic Governance in Historical Context, European Commission, 16 October. Economic governance in the EU has been reinforced and refined over time, evolving in the context of historical developments. This timeline is interactive. Many of the texts include links to legislation and background information. Download the timeline in PDF (790 kB).    

Gros, D. (2014) “Fighting Deflation: Would QE work in the euro area?“, Economic Policy, CEPS Commentaries, 09 October.   With inflation in the eurozone stubbornly remaining on a downward trajectory, pressure is growing on the ECB to do “something” to prevent outright deflation. But, given the financial structure of eurozone countries, would the preferred “something” – quantitative easing – actually do the trick?   Relevant posts: Wyplosz, C. (2014) “Is …Read More

Barslund, M. & Busse, M. (2014) “Making the Most of EU Labour Mobility“, Social welfare policies, CEPS Task Force Reports, 07 October.   This Task Force report combines the most recent data from Eurostat with national sources to highlight the most significant labour mobility trends within the EU. Overall, the recent recession has not induced previously immobile workers to become more mobile, at least not in the larger member states. …Read More

Zaiotti, R. (2014) “Europe is suffering from a psychological blind spot over migration in the Mediterranean“, LSE EUROPP, 10 October.   The death of migrants in the Mediterranean remains a significant problem for EU migration policy. Ruben Zaiotti argues that Europe’s approach to the issue can effectively be termed a type of ‘externalisation’, in which the responsibility for migration has been off loaded to origin and transit countries. He writes …Read More