Fabrizio Coricelli's picture
Affiliation: 
Paris School of Economics
Credentials: 
Professor of Economics

Voting history

Bitcoin and the City

======================================================================

Question 2: Do you agree that the regulatory oversight of cryptocurrencies needs to be increased?

======================================================================

Answer:
Agree
Confidence level:
Extremely confident
Comment:
Both the likely use of bitcoin for recycling revenues from illegal transactions and the risk of manipulation of the market would call for an increased regulatory oversight.

======================================================================

Question 1: Do you agree that cryptocurrencies are currently a threat to the stability of the financial system, or can be expected to become a threat in the next couple of years?

======================================================================

Answer:
Disagree
Confidence level:
Very confident
Comment:
The size of the bitcoin transactions is still very low to threaten financial stability.

Global risks from rising debt and asset prices

======================================================================

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

======================================================================

Answer:
Agree
Confidence level:
Confident

======================================================================

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

======================================================================

Answer:
Agree
Confidence level:
Confident

Juncker's State of the Union Address

====================================================================

Question 2: Do you agree that the euro has had more benefits than costs?

====================================================================

Answer:
Disagree
Confidence level:
Not confident
Comment:
Hard to find a relevant counterfactual. Moreover, we lack good analytical work to assess the benefits and costs of the eurozone. 60 years after Mundell's contribution on currency areas, the profession has made little progress on the topic. Not surprising, if we consider that most contemporary macroeconomics relates to closed economy models calibrated or estimated on US data. Moreover, hard to disentangle the effects of the common currency from the effects of the specific, and potentially flawed, architecture of the euro.

Pages