Agora
Podcast - A post-mortem and a look ahead
The national elections held on May 21 in Greece produced a landslide victory for the ruling centre-right party, which posted a winning margin of more than 20 points over its main rival, left-wing SYRIZA.
Contributor: Agora Podcast
Categories: Politics (374), Greece (479)
On monetary policy and inflation targeting
The setting. Consider two countries, A and B, that both aim to follow an inflation target, let us say 2 percent year-on-year (Y/Y) for the headline index of consumer prices (HICP).[2]
Contributor: Bob Traa
Categories: Economy (316)
Podcast - Greek elections: A marathon, not a sprint
Greece is holding general elections on Sunday, May 21. The vote lacks the drama of previous elections, when the country’s fate was on the line amid a devastating economic crisis, but it could still end up being a rather complicated process.
Contributor: Agora Podcast
Categories: Politics (374), Greece (479)
Macroeconomic fundamentals for Greece
Countries can get caught up in the hamster wheel of daily noise. The cyclical ups and downs can become such a fixation that little else makes it onto the radar screen. Citizens then get a sense that the country goes around and round, without anything really changing over time (“…if only we had investment grade…”). Getting stuck in cyclical thinking is a trap.
Contributor: Bob Traa & Jens Bastian
Categories: Politics (374), Economy (316), Greece (479)
Does the EU Commission suffer from optimism bias? (Part 2)
In the previous blog we expressed concern that the European Commission may suffer from an optimism bias. We noted that the long-run outlook for real GDP growth in the EU27 as a whole appeared to be based on too-favorable labor productivity growth assumptions.
Contributor: Bob Traa & Jens Bastian
Categories: Europe (279), Economy (316)