The decision to tax all Cypriot bank deposits has attracted massive attention (Spiegel 2013) – and rightly so. It is a huge blunder:
Cyprus: The next blunder
Charles Wyplosz, 18 March 2013
Smaller is better: Disintegrated nations in an integrated Europe
Edoardo Campanella, 12 August 2014
Throughout the course of history, there are few regions in the world whose map has changed as frequently and abruptly as that of Europe. Nowadays, political forces – less violent and bloody than in the past, but equally destructive – are slowly and imperceptibly eroding the borders of several countries.
Tax harmonisation in Europe: Moving forward
Agnès Benassy-Quéré, Alain Trannoy, Guntram Wolff, 22 July 2014
The issue of tax harmonisation has been repeatedly debated in the EU since the European Economic Community was established. Substantial tax harmonisation exists in the area of indirect taxation, and proposals regarding corporations are on the table, such as the project of Common Consolidated Corporate Income Tax (CCCTB, see European Commission 2011a).
Topics: EU policies, Financial markets, Taxation
Tags: banking union, corporation tax, EU, financial activity tax, multinationals, tax, tax avoidance, tax competition, tax harmonisation, Tiebout competition
The Transatlantic Trade and Investment Partnership: Review of the debate on economic blogs
David Saha, 20 July 2014
A study by the Centre for Economic Policy Research (CEPR 2013) for the European Commission models the effects of the Transatlantic Trade and Investment Partnership (TTIP) in a computable general equilibrium model.
Why the US and EU are failing to set information free
Susan Ariel Aaronson, 14 July 2014
Tim Berners-Lee, the architect of the World Wide Web, taught us that the internet we have is a function of the choices we (users, companies, policymakers, etc.) make about information flows. For example, in 1995, Berners-Lee chose not to patent his work on the World Wide Web because he feared patenting it could limit its universality and openness. He continues to advocate this.
Topics: EU policies, Global governance, International trade
Tags: data protection, EU, free trade agreements, Human rights, Information, information technology, internet, national security, privacy, technology, trade, US, WTO
An ever closer union?
Bruno Maçães, 9 July 2014
The debate on the future of the European Union is now in full swing. Perhaps the most interesting aspect of this debate is the way it harks back to a short clause in the EU's founding document. In the 1957 Treaty of Rome, the signatories pledged to work towards “an ever closer union”.
A way out of the Ukrainian quagmire
Thorvaldur Gylfason, Inmaculada Martínez-Zarzoso, Per Magnus Wijkman, 14 June 2014
At the Vilnius Summit in November 2013, President Yanukovich chose not to sign the Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU that Ukraine had spent five years negotiating.1 His decision was dictated both by Ukraine’s failure to fulfil the political conditions for signature set by the EU and by strong pressure by Russia on Ukraine to join
The problem with TTIP
L Alan Winters, 22 May 2014
Much attention has been focused on the Trans-Atlantic Trade and Investment Partnership (TTIP) that the EU is currently negotiating with the US. Most economists cheer this development, but I regret it – it is a pity that it has emerged.
How unequal is the European Parliament’s representation?
Anish Tailor, Nicolas Véron, 21 May 2014
This week’s European Parliament election (22–25 May) has several unprecedented features. Most importantly, the main pan-European parties are fielding lead candidates for European Commission President.
Will voters turn out in the 2014 European Parliamentary elections?
Owen McDougall, Ashoka Mody, 17 May 2014
The extent of voter turnout in the 2014 European Parliamentary (EP) election is widely viewed as a critical test for European democracy. Turnout in the EP elections has steadily declined over three decades, from 62% in the first election in 1979 to 43% in the 2009 election (EP Liaison Office undated).
- Secular stagnation: Facts, causes, and cures – a new Vox eBookTeulings, Baldwin
- Can large primary surpluses solve Europe’s debt problem?Eichengreen, Panizza
- The unrecognised benefits of grade inflationBoleslavsky, Cotton
- The US manufacturing base is surprisingly strongMoran, Oldenski
- Italian growth: New recession or six-year decline?Frankel
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
CEPR Policy Research
- The buyer margins of firms' exportsCarballo, Ottaviano, Volpe
- Commodity and Equity Markets: Some Stylized Facts from a Copula ApproachDelatte, Lopez
- Ethnic Unemployment Rates and Frictional MarketsGobillon, Rupert, Wasmer
- Finance and Poverty: Evidence from IndiaAyyagari, Beck, Hoseini
- The Manipulation of Basel Risk-WeightsMariathasan, Merrouche
- The economics of Scottish independence in an interdependent worldHughes Hallett
- Making city lights shine brighterYusuf, Leipziger
- The euro in the 'currency war'Bénassy-Quéré, Martin
- The roots of shadow bankingPerotti
- What’s wrong with Europe?Baldini, Manasse
- Corporate Finance Theory Symposium19 - 20 September 2014 / Cambridge / Judge Business School, Cambridge University
- International Trade, Finance, and Macroeconomics: Research Frontiers and Challenges for Policy18 - 19 December 2014 / The Bank of England, London / The Bank of England, Centre for Macroeconomics and CEPR