Books from Centre for Economic Policy Research
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Trade Liberalization and Poverty: A Handbook
By L. Alan Winters, Neil McCulloch, Xavier CireraFor example , the Foster - Greer - Thorbecke class of poverty measures described in Box 3.3 are external in that they are defined by outsider researchers ; input - based since they tend to use income or consumption as the measures of ...
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How Do Central Banks Talk?
By Alan S. BlinderTarkka , J. and D. Mayes ( 1999 ) “ The Value of Publishing Official Central Bank Forecasts ' , Bank of Finland Discussion Paper No. 22/99 . Taylor , J. ( 1993 ) ' Discretion versus Policy Rules in Practice ' , Carnegie - Rochester ...
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Pensions Policy: Evidence on Aspects of Savings Behaviour and Capital Markets
By Anthony NeubergerThe key article in the field is Mankiw and Weil ( 1989 ) . It shows , using 1980 US census data , that housing demand is strongly linked to age , rising steeply when people are in their 20s and 30s , before peaking at around 40 ...
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International Financial Stability
By Roger Walton FergusonDooley, M., D. Folkerts-Landau, and P. Garber (2007), 'The Two Crises of International Macroeconomics', Deutsche Bank. Dynan, K., D.W. Elmendorf and D.E. Sichel (2006), 'Can Financial Innovation Help to Explain the Reduced Volatility of ...
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Stability and Growth in Europe: Towards a Better Pact
Mas - Colell , A. , M. Whinston and J. Green ( 1995 ) , Microeconomic Theory , Oxford , Oxford University Press , ch . 11 . Mason , P. ( 2000 ) , ' Fiscal Policy and Growth in the context of European Integration ' , IMF Working Paper ...
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Can the Moral Hazard Caused by IMF Bailouts be Reduced?
By Barry J. EichengreenIn this first 'Special Report' in the ICMB/CEPR series of Geneva Reports on the World Economy, Professor Eichengreen argues that institutional reforms that address the dilemmas of IMF bailouts are needed if the international policy ...
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Conflicts of Interest in the Financial Services Industry: What Should We Do about Them?
By Andrew CrockettThe fifth report in this series focuses on conflicts of interest that arise when a firm combines multiple lines of business, creating multiple interests.
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Merger in Daylight: The Economics and Politics of European Merger Control
By Paul Seabright, Robin Nuttall, Damien J. NevenIn 1989 the European Council of Ministers approved a Regulation establishing a new system of merger control for the European Community. This is the first independent review of the EC...
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Sustainability of Public Finances
By Jurgen Von Hagen, Centre for Economic Policy Research, Rolf StrauchThis book develops a concept of sustainability focusing on the controllability of public finances.
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A Dynamic Approach to Europe's Unemployment Problem: Policy Report
By Patrick Garrett, Simon M. BurgessEven in the short period of time since 2000, it is perhaps no longer true to say that Europe has a single unemployment problem. There is a great diversity of unemployment experiences in Europe, and currently most European countries have ...
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The Fundamental Principles of Financial Regulation
By Charles Albert Eric Goodhart, Avinash Persaud, Andrew CrockettAnalytical background -- Nature of systemic risk -- Who should be regulated (by whom) -- Counter-cyclical regulation -- Regulation of liquidity and maturity mismatches -- Other regulatory issues -- The structure of regulation -- Conclusions ...
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The ECB: Safe at Any Speed?
By David K. H. Begg3 Even sunny days ahead leave the ECB some tricky decisions Figure 3.1a Inflation and unemployment in Europe 13 Unemployment 11 9 7 5 Inflation 3 1 Until the early summer of 1998 , the launch of EMU in 1999 was expected to take place in ...
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Crisis? What Crisis? Orderly Workouts for Sovereign Debtors
By Barry J. Eichengreen, Richard PortesThe Mexican Crisis of 1994/5 came as a rude surprise to the international policy-making community. It revealed serious confusion over how markets, governments, and multilateral institutions like the International Monetary...
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Nice Try: Should the Treaty of Nice be Ratified?
By Richard E. Baldwin, Francesco Giavazzi, Erik BerglöfNICE TRY : SHOULD THE TREATY OF NICE BE RATIFIED ? Monitoring European Integration 11 Richard E. Baldwin Graduate Institute of International Studies , Geneva , and CEPR Erik Berglöf SITE , Stockholm School of Economics , and CEPR ...
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Fiscal Policy in Europe, 1991-2003: An Evidence-based Analysis
By John Lewis, Jurgen Von Hagen, Andrew Hughes HallettThis report examines the stance of fiscal policy in Europe since the 1980s, and the attempts that have been made to restrain the excessive deficits that have built up over the past 15 years.
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Trade Policy with Increasing Returns and Imperfect Competition: Contradictory Results from Competing Assumptions
By Anthony Venables, James R. MarkusenTrade Policy with Increasing Returns and Imperfect Competition: Contradictory Results from Competing Assumptions
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Flexible Integration: Towards a More Effective and Democratic Europe
Flexible Integration is a model of reform designed to overcome the current stalemate between federalists and anti-federalists.
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EMU and Public Debt Management: One Money, One Debt?
By Gustavo Piga, Carlo Favero, Alessandro MissaleRecoge: 1.Introduction - 2.Debt structures - 3.Convergence of debt structures and maturities - 4.Credit risk - 5.Government securities markets - 6.Public debt management.
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The Great Recession and Import Protection: The Role of Temporary Trade Barriers
By Chad P. BownThis section provides a short preview of how the volume's authors subsequently address these questions by placing the trade policy changes of 2008-9 into historical context. Section five then concludes.
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Trade Adjustment Costs in Developing Countries: Impacts, Determinants and Policy Responses
By Bernard M. Hoekman, Guido Gustavo PortoThis book summarizes the state of knowledge in the economic literature on trade and development regarding the costs of adjustment to trade openness and how adjustment takes place in developing countries.