Evi Pappa's picture
Affiliation: 
European University institute
Credentials: 
Professor of Economics

Voting history

House Prices and the UK economy

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Question 2: Do you agree that a more widespread weakening of the UK housing market will slow UK GDP growth significantly?

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Make sure to save each question separately

Answer:
Disagree
Confidence level:
Confident
Comment:
The slow down of UK GDP growth would be driven by many factors, I do not think that the UK housing market is a cause but I think its a consequence of those other factors driving the economy growth down.

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Question 1: Do you agree that the phenomenon of declining house prices will ripple out from the London property market leading more UK regions to experience falling prices?

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Answer:
Neither agree nor disagree
Confidence level:
Confident
Comment:
It is very hard to form an opinion on the question asked given the level of uncertainty in the UK economy, anything can go.

Global risks from rising debt and asset prices

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Question 1: Does the world economy face heightened risks arising from an excess of public and private debt and/or inflated asset prices?

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Answer:
Disagree
Confidence level:
Confident

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Question 2: Is the loose monetary policy of major central banks responsible for the recent increase in global leverage or asset values?

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Answer:
Disagree
Confidence level:
Confident

Juncker's State of the Union Address

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Question 1; Do you agree that euro membership should be compulsory for all EU member states?

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Answer:
Disagree
Confidence level:
Very confident
Comment:
The adoption of policies promoting labor market and product market flexibility is a key step in the future of the Euro area. The exchange rate adjustment role in stabilising cyclical fluctuations is limited and short lived. As long as fiscal, labor market and product market adjustments are in place an economy can adjust in asymmetric shocks without the need of adjusting the exchange rate. Yet, the euro membership should be an equilibrium outcome in a well designed and structured EU, not an obligation to its member states.

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