Fabrizio Coricelli's picture
Affiliation: 
Paris School of Economics
Credentials: 
Professor of Economics

Voting history

Fiscal Rules in the European Monetary Union

Question 2: Which of the following is the one reform you would choose to improve fiscal rules?

Answer:
More flexible, countercyclical, or expenditure-based rules
Confidence level:
Extremely confident
Comment:
Expenditure rules based on nominal expenditure targets related to expected GDP would be automatically countercyclical and would ensure debt stability. The transparency of the rule would justify stricter and more rigid enforcement and penalties, such as losing access to EU funds.

Proposition 1: The existing fiscal rules for European Monetary Union members require revision.

Answer:
Strongly agree
Confidence level:
Extremely confident

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:
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

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:
Potential GDP growth will be higher in 2025 than forecast pre-Covid
Confidence level:
Not confident
Comment:
Covid-19 may induce much needed infrastructural public investments, speed up productivity enhancing technological innovation, also driven by environmental concerns.

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