Macroeconomics & the euro
Germany's labour reforms may not deserve their fame
13 July 2017
Bloomberg
Germany's start-of-the-century labour reforms are getting a lot of attention these days, both as the cure-all for the country's previous economic woes and as the culprit behind inequality.
The myth of the German jobs miracle
11 July 2017
Financial Times
Christian Odendahl is one of the finest analysts of the German economy writing in English. So it’s worth your time to closely read his review of the country’s labour market reforms of the early 2000s, sometimes called “Agenda 2010” or the “Hartz Reforms”.
Der Schlüssel für Macrons Erfolg liegt auch bei der EZB
08 June 2017
Makronom
Die heutige EZB-Sitzung hat gezeigt, dass die Zentralbank offenbar gewillt ist, dem politischen Druck zu widerstehen und ihre aggressive Geldpolitik beizubehalten. Das ist die richtige Entscheidung – und insbesondere für Emmanuel Macron enorm wichtig. Denn aus Deutschland wird Frankreichs Präsident wohl nur sehr bedingt die Unterstützung erhalten, die er für eine erfolgreiche Amtszeit braucht.
Why 'Brexit' will make Britain's mediocre economy worse
29 May 2017
The New York Times
An observer of Britain's 'Brexit' debate would be forgiven for thinking that the country's economy is one of the European Union's star performers.
CER podcast series: The economics of populism, episode five
15 December 2016
In this episode, Martin Sandbu and Christian Dustmann discuss 'How should governments respond to migration fears?'
CER podcast series: The economics of populism, episode three
30 November 2016
In this episode, Martin Hellwig and Agnès Bénassy-Quéré discuss ‘Has trade liberalisation and financial globalisation gone too far?’
CER podcast series: The economics of populism, episode two
25 November 2016
In this episode, David Willetts and Nicholas Crafts discuss 'Was Brexit a rebellion against globalisation?'
CER podcast series: The economics of populism, episode one
16 November 2016
In this episode, Barry Eichengreen and Martin Wolf discuss 'Are macro-economic policy failures behind the rise of populism?'
CER podcast: What the fall of sterling means for the British economy and post-Brexit politics
21 October 2016
Simon Tilford and John Springford discuss the value of sterling and the impact on the economy and British politics.
Welche Lehren der Rest der EU aus dem Brexit ziehen sollte
24 June 2016
Makronom
One positive element of the British EU referendum debate is the lively discussion about the economics of EU membership. And the verdict is relatively clear: the single market has benefitted its members.
Brexiting yourself in the foot
09 June 2016
Prospect
It looks as if the "Leave" camp will focus on immigration for the remainder of the Brexit campaign. Judging from the latest polls this may turn out to be a winning strategy.
CER podcast: Five questions on the economic implications of a Brexit for the EU
13 May 2016
In the second episode of a series of podcasts on the implications of a Brexit for the EU, Simon Tilford explains the economic consequences for the EU.
Judy Asks: Can debt relief save the euro?
11 May 2016
Carnegie Europe
A selection of experts answer a new question from Judy Dempsey on the foreign and security policy challenges shaping Europe’s role in the world.
Duncan Smith's free movement fig-leaf
28 April 2016
Prospect
Brexiteers, after a difficult start to the campaign, are trying to push the EU debate onto immigration.
What would a post-Brexit EU be like?
21 April 2016
Prospect
If the UK voted to leave the European Union, Britain would certainly change - for better or worse, depending on your point of view. But the rest of the EU would change too.
Highlights of Gordon Brown's speech at the 'Economists on Brexit conference'
21 April 2016
In a speech to the CER, Gordon Brown demanded a positive, principled, patriotic case "with all the passion we can bring to bear" to show the future benefits membership of the EU can bring to our children and grandchildren.
Preparations for a Brexit: Views from Denmark, Italy, the Netherlands, Slovenia and Spain
21 April 2016
LSE blog
If Britain votes to leave the EU it will have to negotiate its exit and a new post-withdrawal relationship with the EU, one that will have to be agreed by the remaining 27 EU member-states and the European Parliament.
Judy Asks: Will the eurozone crisis come back?
20 April 2016
Carnegie Europe
A selection of experts answer a new question from Judy Dempsey on the foreign and security policy challenges shaping Europe’s role in the world.
The European unicycle
16 November 2015
NIESR
I attended the annual Centre for European Reform conference at Ditchley Park earlier this month, with the topic 'Has the euro been a failure?'. The conference was attended by a fairly impressive list of British and continental European economists and policymakers.
The pain in Spain
28 October 2015
Project Syndicate
LONDON – Spain is the eurozone’s latest poster child for austerity and structural reforms. Its economy has expanded for eight consecutive quarters, steadily gaining momentum and easily outperforming the rest of the currency union. Export growth has matched that of Germany; unemployment has fallen by over a million people in...