Philippe Martin's picture
Affiliation: 
Sciences Po, Paris
Credentials: 
Professor of Economics

Voting history

Juncker's State of the Union Address

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

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

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

Answer:
Neither agree nor disagree
Confidence level:
Confident
Comment:
It depends a lot for which countries and the benefist have been less than expected. For some countries the cotsts have been larger than the benefits but this does not imply that they should exit there are also large costs to leave.

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

Question 1; Do you agree that euro membership should be compulsory for all EU member states?

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

Answer:
Disagree
Confidence level:
Very confident
Comment:
The fact that some members of the EU are not Eurozone members create problems but obliging these countries to join against their will would create even more problems and would be even more problematic. This is not the core problem of the institutional problems of the Eurozone. This is at best a distraction from these.

Wages and economic recoveries

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

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?

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

Answer:
Strongly agree
Confidence level:
Very confident

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

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

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

Answer:
Agree
Confidence level:
Very confident

Happiness and well-being as objectives of macro policy

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

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

 
====================================================================
Answer:
Neither agree nor disagree
Confidence level:
Confident
Comment:
This depends strongly on which macroeconomic policy. This would not be warranted for monetary policy for which aggregate inflation (and potentially employment and financial stability) should remain the sole targets. For fiscal policy well-being should be one the main objectives.

Pages