Lucio Sarno's picture
Affiliation: 
Cass Business School
Credentials: 
Professor of Finance

Voting history

Global risks from rising debt and asset prices

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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:
Agree
Confidence level:
Very confident

Juncker's State of the Union Address

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

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Answer:
Strongly agree
Confidence level:
Confident

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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:
Confident
Comment:
While it may be desirable to have a common currency in a free trade area, it may well be that countries with specific circumstances require alternative central bank arrangements that make joining the euro suboptimal. It is far from obvious that imposing a common currency is beneficial to all countries in the EU in the same way.

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:
Agree
Confidence level:
Confident

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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:
Neither agree nor disagree
Confidence level:
Not confident

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