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

Voting history

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:
Strongly agree
Confidence level:
Very confident
Comment:
As the EU is meant to provide a framework for full economic integration, it makes little sense to have some EU members outside the euro. This differentiation potentially puts in motion disintegration forces. However, an ill designed euro may be a powerful force for disintegration as well.

Wages and economic recoveries

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Question 2: Do you agree that the different behaviour of UK real wages relative to Eurozone wages during the Great Recession is in large part due to the UK having different labour market policies?

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Answer:
Disagree
Confidence level:
Very confident
Comment:
I believe that the different behavior of inflation played a key role.

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Question 1: Do you agree that lower real wage growth was beneficial for employment levels during the Great Recession?

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Answer:
Agree
Confidence level:
Very confident
Comment:
The Great Recession originated from the collapse of the financial sector, which can be defined as a supply shock. Higher wages would have worsened the initial liquidity squeeze on firms, with adverse consequences for employment.

Happiness and well-being as objectives of macro policy

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Question 2: Do you agree that quantitative well-being analysis should play an important role in guiding policy makers in determining macroeconomic policies?

 
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Answer:
Disagree
Confidence level:
Confident

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Question 1: Do you agree that subjective well-being measures, or at least some of the subindices from the typical survey measures, are now reliable enough to give useful insights when used in macroeconomic empirical analysis?

 
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Answer:
Disagree
Confidence level:
Confident

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