Paul De Grauwe's picture
Affiliation: 
London School of Economics
Credentials: 
Professor of economics

Voting history

House Prices and the UK economy

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Question 1: Do you agree that the phenomenon of declining house prices will ripple out from the London property market leading more UK regions to experience falling prices?

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Answer:
Neither agree nor disagree
Confidence level:
Not confident

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:
Confident

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

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Answer:
Agree
Confidence level:
Not confident
Comment:
Yes there is such a risk but I am not sure how important it is

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:
Neither agree nor disagree
Confidence level:
Confident
Comment:
For some countries probably more benefits than costs, and for others not so. Very difficult to aggregate these costs and benefits

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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:
Very confident
Comment:
There is a problem here. The new member states accepted the obligation to join when entering the EU. They did not get an opt-out like Britain and Denmark. So, form a legal point of view euro membership is compulsory. But I think this is a bad idea

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