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Newsletter 242 -06/03/2020
to the baseline scenario. The first limits GDP growth by one standard deviation, while the second foresees a greater impact and limits GDP growth by two standard deviations. Under the first adverse scenario
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We can't ignore population shifts within the European Union
Agoraindustry of politicians in Europe that beats the drums about “convergence” of the standard of living... and the standard of living. What is more, several countries in the south-east group are also at risk
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The Parable of the Populists and the Contemplatives
Agorais beautiful, the big car is luxurious, and the standard of living is high, but there is one drawback... that something is amiss. The parents of our happy family, with high consumption and standard
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Where is Odysseus? Part 5 - Productivity
Agora, which is the gold standard—achieving both employment and productivity growth at the same time..., the different possible outcomes in the long-run will determine the standard of living of citizens
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Final budget for Oct affirms new targets and tax outperformance
EconomyMacroeconomyFinance Ministry (MoF) budget execution data released on Friday. As is the standard practice, once... million euros. The main under-execution after the standard revision of targets this month is in non
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Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
EconomyMacroeconomyFinance Ministry (MoF) budget execution data released on Tuesday. As is the standard practice, once... after the standard revision of targets this month is in non-allocated expenditure by 295 million euros
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On monetary policy and inflation targeting
Agoraof price-level targeting over the current common standard inflation rate targeting (also as practiced.... There is voluminous literature on inflation rate targeting, because that is the current standard. Some readings
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October revenues reverse earlier shortfall, annual primary surplus in sight
Economyto the targets being beaten over the last four months, even though there is a steady increase
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Two hurdles left for coalition this year before bigger challenges in 2014
PoliticsGreek PoliticsGreece’s coalition has two more hurdles to clear before it stumbles over the finishing line at the end of the year, exhausted and battered but not quite yet beaten. The first challenge is to pass the new property tax, which unites previous disparate levies in one charge, through Parliament. The new
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First round of local elections leave Greek politics finely balanced
PoliticsGreek PoliticsDemocracy’s incumbent Vassilis Michaloliakos was beaten into second place by independent Yiannis Moralis
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