Blogs&Reviews | Page 4 | VOX, CEPR Policy Portal

Addressing global imbalances requires cooperation
Maurice Obstfeld, 10 August 2018

The IMF's 2018 External Sector Report assesses the current account balances for the 30 largest economies. In this post, Maurice Obstfeld outlines the key findings of the report.
Introducing a new Brexit policy panel
Anand Menon, Jonathan Portes, 09 August 2018

In this post, Anand Menon and Jonathan Portes summarise the results of the first in a monthly series of surveys in which a cross-disciplinary group of leading social scientists are asked their views on three key areas of uncertainty around Brexit: if — and when — the UK will leave the EU; how Brexit will affect British politics; and what our relationship with the EU is likely to look like in the future.
Our Gilded Age (India version)
Diane Coyle, 08 August 2018

Diane Coyle reviews James Crabtree’s "The Billionaire Raj", which offers a window on India’s super-wealthy and on on an extraordinary period of change in the country.
Red and Blue: One country or two?
Helen Popper, 06 August 2018

Republican and Democrat states, and their economies, differ. In this post, Helen Popper and David Parsley ask whether they are as different as economies from two distinct countries.

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Which numerical computing language is best: Julia, MATLAB, Python or R?

Jon Danielsson, Jia Rong Fan, 09 July 2018

Julia, MATLAB, Python and R are among the most commonly used numerical programming languages by economic researchers. In this post, Jon Danielsson and Jia Rong Fan compare and contrast these four, reaching a very subjective conclusion as to which is best and which is worst.
On labour mobility, economic growth, and targeted programmes

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.
Brexit: The endgame

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.
Immigration reform in Europe

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.
A UK sovereign wealth fund

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.

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