Thematic BlogSpot - Is Secular Stagnation the New Normal?
Secular stagnation is central to the current policy debate. The review focuses on the policies to avoid another “lost decade for Europe...
BlogSpot - November 10th, 2014
Germany’s central role in the eurozone crisis and recovery With risks of deflation (see the latest Eurostat numbers), in a context of...
BlogSpot - October 22nd, 2014
What appropriate fiscal stance for European economies? The spectre of financial sanctions against France for failure to correct its...
BlogSpot - September 29th, 2014
Weakness at the core The euro zone’s economic recovery continued to falter, as reported by EuroIntelligence. Growth in the third quarter...
BlogSpot - September 22nd, 2014
Questions about the ECB’s unconventional policy toolkit… The new TLTRO program (introduced in June with two initial auctions in September...
BlogSpot - September 14th, 2014
The Scottish Referendum and its Implications With the first pool (or BBC) finding a majority for the independence of Scotland issued on...
BlogSpot - June 16th, 2014
A few days pass, and analysts become more critical of the ECB monetary action The ECB announced (see the ECB’s web site or the transcript...
Article - Errors in Growth Forecasts
International and national institutions, banks, governments and others provide growth forecasts, whose publication or announcement is...
BlogSpot - May 19th, 2014
The crisis is NOT over With close to 0 growth, Eurostat GDP growth data for 2014Q1 disappointed. EuroIntelligence, in rather harsh words,...
BlogSpot - May 12th, 2014
The ECB: all talk and no action, but wait until June! EuroIntelligence looks at the latest data on the recovery and writes that they...
