Alexander Ludwig's picture
Affiliation: 
Goethe University
Credentials: 
Professor of Economics

Voting history

The ECB’s Green Agenda

Question 2: Would you support changing the ECB’s mandate to incorporate the EU’s target of carbon neutrality by 2050, if such a change is deemed legally necessary to adopt your preferred approach?

Answer:
Yes
Confidence level:
Very confident

 Question 1: Which of the following actions is the most advisable approach for European Central Bank to address the environmental impact of its bond-purchasing policies?

Answer:
Actively biasing its portfolio towards green investments
Confidence level:
Very confident
Comment:
While I do agree that it has a small direct impact, I agree with Isabel Schnabel's assessment. This does not undermine independence of the central bank as it only refers to making its portfolio selection problem consistent with EU policy.

Post Covid-19 Potential Output in the Eurozone

Question 2: How much lower will the potential growth rate of GDP in the Eurozone in 2025 be due to Covid-19 relative to pre-Covid forecasts?

 

Answer:
½ percentage point or less
Confidence level:
Confident

Question 1: How much lower will the potential level of GDP in the Eurozone in 2025 be due to Covid-19 relative to pre-Covid forecasts?

 

Answer:
More than 5%
Confidence level:
Confident

The Eurozone COVID-19 Crisis: EU Policy Options

Question 1: What is the total size of funding that you would advocate at the EU level in support of its members to weather the COVID-19 crisis this year?

 

 

Answer:
10-20% of GDP
Confidence level:
Very confident

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