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Monday, July 25, 2016

Labour market recovery since the Great Recession | VOX, CEPR’s Policy Portal

Labour market recovery since the Great Recession | VOX, CEPR’s Policy Portal

Sunday, July 24, 2016

Lies, Liars, and Lawlessness by Project Syndicate - Project Syndicate

Lies, Liars, and Lawlessness by Project Syndicate - Project Syndicate



The age of Erdoğan, Trump, and Putin, with its representatives’ contempt for rules and norms, is generating serious challenges to global peace and prosperity with alarming frequency. Is there a way forward that doesn’t lead backward?

Friday, July 22, 2016

A mechanism proposal for Eurozone sovereign debt restructuring | VOX, CEPR’s Policy Portal

A mechanism proposal for Eurozone sovereign debt restructuring | VOX, CEPR’s Policy Portal



Wednesday, July 13, 2016

Maximum sustainable debt: A new measure | VOX, CEPR’s Policy Portal

Maximum sustainable debt: A new measure | VOX, CEPR’s Policy Portal

This column presents a new measure of government debt – maximum sustainable debt. This measure takes account of the fact that a shortfall in growth naturally increases the probability of default, while allowing for the possibility of rollover. Applications to recent data suggest that without sufficient institutional constraints, governments will generally borrow up to a level close to the maximum that can be sustained.

... Regulatory Capture and Reform | RegBlog

A Resource List on Regulatory Capture and Reform | RegBlog

Thursday, July 7, 2016

Sensitivity to group size in policy decision-making | VOX, CEPR’s Policy Portal

Sensitivity to group size in policy decision-making | VOX, CEPR’s Policy Portal

Evidence shows that individuals often do not act in a completely selfish manner, but rather take into account the welfare of other parties when making decisions. But how decision-makers trade off costs and benefits when the costs are dispersed among many individuals is unclear.