Francesco Caselli's picture
Affiliation: 
London School of Economics
Credentials: 
Norman Sosnow Chair in Economics

Voting history

Market Turbulence and Growth Prospects

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

Question 2: Do you agree that the falls in share prices, low oil prices and the slowdown in some emerging market economies will have a significant negative impact on the UK’s economic recovery?

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

Answer:
Disagree
Confidence level:
Not confident

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

Question 1: Do you agree that economic growth prospects for the global economy have seriously deteriorated?

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

Answer:
Disagree
Confidence level:
Not confident
Comment:
I don't see any changes in fundamentals but I accept that the psychological effects from the stock-market turbulence could have some significant effect on growth.

Autumn Statement & Charter for Budgetary Responsibility

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

Question 2: Do you agree that the Charter for Budgetary Responsibility is helpful in underpinning the credibility of fiscal policy?

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

Answer:
Disagree
Confidence level:
Not confident
Comment:
It wil probably be forgotten by the time "normal times" arrive. Which is just as well, as fiscal policy needs to be able to be much more flexible than envisaged by the charter.

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

Question 1: The Chancellor forecasts a cyclically adjusted fiscal surplus by 2017-18 and in cash terms by 2019-20. Do you agree that this planned path of fiscal consolidation is appropriate?

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

 

Answer:
Neither agree nor disagree
Confidence level:
Confident
Comment:
Now that the economy is finally recovering, I don't mind the fiscal consolidation. But I am concerned that the target long-run level of government spending as a share of GDP is too low for long run growth and social cohesion.

China’s growth slowdown: likely persistence and effects

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

Question 2:

Do you agree that if the Chinese slowdown turns out to be persistent, it will have a significant impact on UK growth (say, in the order of a few tenths of a percentage point) and/or it will justify a material change in monetary policy (for example, in terms of the timing and speed of a return to ‘normal’ interest rates) and fiscal policy (for example, in terms of the timing and speed of fiscal contraction).

Answer:
Disagree
Confidence level:
Not confident

Pages