Blogs&Reviews

Other Recent Blogs&Reviews:

  • Lant Pritchett, 06 July 2018

    When the upper bound of the impact of targeted interventions in developing countries is taken into consideration, the potential per person gains are dwarfed by the gains from labour mobility or extended growth episodes. In this post, Lant Pritchett argues that the fact that even small gains in the likelihood of producing a large positive (or avoiding a large negative) growth episode have massive expected value calls for more research into the topic.

  • Simon Wren-Lewis, 05 July 2018

    The EU have said that the deal offered to Northern Ireland (staying in the Single Market for goods without freedom of movement) is not available to the UK as a whole, a position that the UK has not tried to test in its negotiations. In this post, Simon Wren-Lewis argues that Theresa May should stop appeasing the Brexiters and formally make the proposal to the EU of extending the Northern Ireland deal to the rest of the UK.

  • Olivier Blanchard, Jacob Kirkegaard, 04 July 2018

    A coherent reform of asylum-based EU immigration must embody two main components: control over external borders and a new set of internal EU rules. EU leaders have made some progress on the first part, but the outlook concerning the second remains vague. In this post, Olivier Blanchard and Jacob Funk Kirkegaard make some suggestions for the way forward.

  • Roger Farmer, 04 July 2018

    In December 2017, Tristan Hanson and Eric Lonergan made the case for a UK sovereign wealth fund. In this post, Roger Farmer, who has long argued for the establishment of such a fund as part of an active financial stabilisation policy, reviews the proposal by Hanson and Lonergan, highlighting key aspects over which he agrees and differs.

  • Simon Wren-Lewis, 03 July 2018

    Monetary policy generally focuses on stabilising the business cycle, but that stabilisation has no impact on the medium-term level of output and productivity. Rather than focusing on inflation, in this post Simon Wren-Lewis argues for a new monetary policy mandate emphasising output. Making clear that inflation is a medium-term concern will make it easier for central banks to see through temporary shocks to inflation.

Pages

Vox eBooks

CEPR Policy Research