Add to ORKGThis is the fourth in a series of annual reports produced by the CEPS Macroeconomic Policy Group (MPG), composed of distinguished economists from throughout Europe who have undertaken to carry out independent, in-depth research on current developments in the European economy. This year’s report documents two long-run developments: the decline of productivity in Europe and the growing ineffectiveness of fiscal policy. Against this background, the ECB’s room for manoeuvre is also explored and found to be inadequate
The euro area has been experiencing a prolonged period of weak economic activity and very low inflat...
This Policy brief presents the last OFCE forecasts on the euro area countries and addresses the issu...
This paper studies the effects of fiscal policy on GDP, prices and interest rates in 5 OECD countrie...
While America has pushed the pedal to the metal and with alarming speed has accelerated its producti...
This policy contribution describes the unresolved adjustment problems confronting the eurozone, and ...
Eight years have now passed since the start of the financial crisis. The subsequent Great Recession ...
In order to explain slow growth and high unemployment in the Euro area, in particular if compared to...
Against the background of the IMF’s latest global economic forecast, Jørgen Mortensen and Cinzia Alc...
Given persistently low inflation, sluggish growth and global uncertainties, the ECB needs to provide...
The textbook response to deteriorating economic performance is monetary easing, the lowering of offi...
EUROFRAME - European Forecasting Network predicts that the Euro Area economic growth will remain wea...
The upturn in the Euro Area that was noted in our Autumn Report of 2006 continued in the second half...
The initiatives taken by the ECB in mid-March 2020 flatten the structure of interest rates and ensur...
In a new Policy Brief submitted this month to the Monetary Committee of the European Parliament, CEP...
Two of the four macroeconomic adjustment programmes – in Portugal and Ireland – can be considered a ...
The euro area has been experiencing a prolonged period of weak economic activity and very low inflat...
This Policy brief presents the last OFCE forecasts on the euro area countries and addresses the issu...
This paper studies the effects of fiscal policy on GDP, prices and interest rates in 5 OECD countrie...
While America has pushed the pedal to the metal and with alarming speed has accelerated its producti...
This policy contribution describes the unresolved adjustment problems confronting the eurozone, and ...
Eight years have now passed since the start of the financial crisis. The subsequent Great Recession ...
In order to explain slow growth and high unemployment in the Euro area, in particular if compared to...
Against the background of the IMF’s latest global economic forecast, Jørgen Mortensen and Cinzia Alc...
Given persistently low inflation, sluggish growth and global uncertainties, the ECB needs to provide...
The textbook response to deteriorating economic performance is monetary easing, the lowering of offi...
EUROFRAME - European Forecasting Network predicts that the Euro Area economic growth will remain wea...
The upturn in the Euro Area that was noted in our Autumn Report of 2006 continued in the second half...
The initiatives taken by the ECB in mid-March 2020 flatten the structure of interest rates and ensur...
In a new Policy Brief submitted this month to the Monetary Committee of the European Parliament, CEP...
Two of the four macroeconomic adjustment programmes – in Portugal and Ireland – can be considered a ...
The euro area has been experiencing a prolonged period of weak economic activity and very low inflat...
This Policy brief presents the last OFCE forecasts on the euro area countries and addresses the issu...
This paper studies the effects of fiscal policy on GDP, prices and interest rates in 5 OECD countrie...