Over the past 60 years, increasing European integration has brought peace and security, besides contributing to large social welfare gains (through lower prices and a larger variety of products).
Roads to deeper European integration
Henrik Braconier, Mauro Pisu, 20 February 2014
US electrification in the 1930s
Carl Kitchens, 29 January 2014
In 1930, fewer than 10% of farms in the US had access to electricity. By the mid-1950s, almost every farm in the country had electricity. While the US was able to extend electricity to its rural locations rapidly over a 25-year period, much of the developing world still remains without electricity today. In 2012, 1.3 billion people lived without electricity worldwide.
Transport infrastructure and market integration: Lessons from the British industrial revolution
Liam Brunt, Edmund Cannon, 27 July 2013
For many years, the EU has prioritised the funding of large-scale transport infrastructure projects. Between 2007 and 2013 alone, the Trans-European Transport Network programme funded 348 projects at a cost of €7billion (TEN-T Executive Agency 2013). The goal of this investment has been to increase the integration of European markets.
New roads to export: Insights from the Inca roads
Jerónimo Carballo, Christian Volpe Martincus, Ana Cusolito, 13 July 2013
In policy circles domestic transport infrastructure is seen as a key determinant of exports. More precisely, among policymakers, there is a well rooted idea according to which new roads can generate increased exports. Statements in official documents introducing public export plans of developed and developing countries alike are illustrative in this regard.
Infrastructure: The governance failures
Nicklas Garemo, Jan Mischke, 30 March 2013
Europe’s infrastructure programme was the big loser from February’s EU budget deal. Planned infrastructure investment of €50 billion over seven years was reduced to just €24 billion.
Can passenger railways curb road-traffic externalities? Empirical evidence
Rafael Lalive, Simon Luechinger, Armin Schmutzler, 15 March 2013
Road accidents kill 1.2m people every year (WHO). Road transportation is the main source of local air pollutants such as nitrogen oxide and carbon monoxide. It contributes to noise and global air pollution, and it leads to congestion. Against this backdrop, many governments subsidise railways with the explicit aim of reducing road-traffic externalities.
Highway to success in India
Ejaz Ghani, Arti Grover Goswami, William Kerr, 5 February 2013
Transport investments within cities and across cities are essential for economic growth, job creation, and poverty reduction. Beyond simply facilitating cheaper and more efficient movements of goods, people, and ideas within cities, transport affects the distribution of economic activity across cities.
The privatisation of infrastructure: One size does not fit all
Alexis Maingard, Laura Recuero Virto, 16 September 2011
he wave of infrastructure privatisations that occurred from the 1980s onwards has led to very different sectoral outcomes across the world (Bortolotti and Siniscalco 2004). For the case of fixed-line telecommunications, in OECD countries privatisations have resulted in higher labour efficiency. By contrast, in non-OECD countries privatisations have mainly increased residential tariffs.
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- Predicting economic turning pointsAhir, Loungani
- How rich nations benefit from EU membershipCampos, Coricelli, Moretti
- The chartbook of economic inequalityAtkinson, Morelli
- The ECB should do QE via forex interventionFrankel
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- The ECB’s stealth bailoutSinn
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- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
Claessens, 18 April 2014
Campos, Coricelli, Moretti
Ostry, Berg, Tsangarides
CEPR Policy Research
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- 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
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- The roots of shadow bankingPerotti
- What’s wrong with Europe?Baldini, Manasse
- How the EZ crisis is permanently changing EU institutionsMicossi
- The 13th Annual GEP Postgraduate Conference 20141 - 2 May 2014 / Nottingham / Sponsored by Nottingham Centre for Research on Globalisation and Economic Policy (GEP) University of Nottingham, United Kingdom
- Exchange Rates and External Adjustment2 - 3 June 2014 / Zurich / Swiss National Bank
- 13th Summer School in International Development Economics: Investment, Saving and Wellbeing in Developing Countries10 - 13 June 2014 / Palazzo Feltrinelli, Gargnano, Lake Garda (Italy) / Organisers: Centro Studi Luca d’Agliano, Centre for Economic Policy Research (CEPR), Paolo Baffi Center on International Markets, Money and Regulation, Department of Economics, Management and Quantitative Methods of the University of Milan, Department of Economics, Quantitative Methods and Business Strategies of the University of Milan Bicocca, Vilfredo Pareto Doctoral Program in Economics of the University of Turin, The Lombardy Advanced School of Economic Research (LASER).
- 3rd WB-BE Research Conference: Financing growth: Levers, Boosters and Brakes23 - 24 June 2014 / Banco de España headquarters in Madrid / This conference is sponsored by Banco de España and The World Bank