David Miles, Ugo Panizza, Ricardo Reis, Ángel Ubide 25 October 2017

Over the last decade, the developed world has been hit by the deepest recession since the Great Depression and a rollercoaster in commodity prices. And yet, core inflation has been both low and fairly stable. The 19th Geneva Report on the World Economy asks whether it was good policy or good luck that prevented severe deflation and kept inflation relatively steady.

Christian Dustmann, Barry Eichengreen, Sebastian Otten, André Sapir, Guido Tabellini, Gylfi Zoega 23 August 2017

This first report in the Monitoring International Integration series identifies economic and social characteristics associated with Europe’s growing trust deficit in some EU countries, as well as factors associated with support for non-mainstream political parties and movements labelled as 'anti-EU'.

Chad Bown 05 June 2017

This collection of 18 essays by leading economists highlights many of the most pressing domestic and international economic policy issues on the Trump docket.  Many chapters are sharply critical of the Trump administration’s new approach.

Agnès Bénassy-Quéré, Francesco Giavazzi 31 May 2017

The euro’s economic architecture is still incomplete, meaning that any number of large shocks could reignite the crisis in the Eurozone. This new VoxEU eBook summarises the main issues that need to be addressed to make the euro work and identifies, for each issue, the degree of consensus among experts.

Refet Gürkaynak, Cédric Tille 28 April 2017

Dynamic stochastic general equilibrium (DSGE) models are in wide use yet have come under sharp criticism, given their complex nature and the assumptions they rely on. However, many central banks use them in policy analysis. Is this a misguided use of economists’ and policy makers’ time? This eBook reviews the use of DSGE models in policy institutions, the lessons learned, and the desirable ways forward.

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