Question 2: Do you agree that, in a period of great uncertainty and after a prolonged period of weak real wage growth, monetary policy makers can afford to wait for greater certainty about real wage developments and building inflationary pressure before raising interest rates?
The slow down of UK GDP growth would be driven by many factors, I do not think that the UK housing market is a cause but I think its a consequence of those other factors driving the economy growth down.
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?
The CFM surveys informs the public about the views held by prominent economists based in Europe on important macroeconomic and public policy questions. Some surveys focus specifically on the UK economy (as the CFM is a UK research centre), but surveys can in principle focus on any macroeconomic question for any region. The surveys shed light on the extent to which there is agreement or disagreement among these experts. An important motivation for the survey is to give a more comprehensive overview of the beliefs held by economists and in particular to include the views of those economists whose opinions are not frequently heard in public debates.
Questions mainly focus on macroeconomic and public policy topics. Although there are some questions that focus specifically on the UK economy, the setup of the survey is much broader and considers questions related to other countries/regions and also considers questions not tied to a specific economy.
The surveys are done in collaboration with the Centre for Economic Policy Research (CEPR).
Labour Markets and Monetary Policy
======================================================================
Question 1: Do you agree that a strong labour market is a good indicator of building inflationary pressure?
======================================================================
======================================================================
Question 2: Do you agree that, in a period of great uncertainty and after a prolonged period of weak real wage growth, monetary policy makers can afford to wait for greater certainty about real wage developments and building inflationary pressure before raising interest rates?
======================================================================
House Prices and the UK economy
======================================================================
Question 2: Do you agree that a more widespread weakening of the UK housing market will slow UK GDP growth significantly?
======================================================================
Make sure to save each question separately
======================================================================
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?
======================================================================
Global risks from rising debt and asset prices
======================================================================
Question 1: Does the world economy face heightened risks arising from an excess of public and private debt and/or inflated asset prices?
======================================================================
Pages