Paolo Surico's picture
Affiliation: 
London Business School
Credentials: 
Associate professor of economics

Voting history

Brexit and financial market volatility

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Question 1: The value of the pound fell sharply this week. Do you agree that the public debate on Brexit can be expected to (continue to) lead to a substantially higher level of exchange rate volatility in the upcoming months?

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Answer:
Strongly Agree
Confidence level:
Confident

Market Turbulence and Growth Prospects

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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?

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Answer:
Neither agree nor disagree
Confidence level:
Not confident
Comment:
Although the economic fundamentals may have not necessarily deteriorated in the last 6 to 12 months, the recent stock market turbulence may generate sufficient uncertainty for a significant portion of households and firms so as to induce them to postpone their investment decisions. By itself, this could risk the recovery anywhere, including the U.K.

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

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Answer:
Disagree
Confidence level:
Not confident

Autumn Statement & Charter for Budgetary Responsibility

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

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Answer:
Agree
Confidence level:
Not confident

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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?

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Answer:
Neither agree nor disagree
Confidence level:
Confident

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