John VanReenen's picture
Affiliation: 
London School of Economics
Credentials: 
Professor of economics
Director of Centre for Economic Performance

Voting history

Causes for Weak Long-Run UK Growth

Question 2: Which of the following policies would do the most to boost UK GDP in the medium term (over the next decade)?

Answer:
Public investments and R&D subsidies
Confidence level:
Very confident
Comment:
See the evidence form my innovation policy toolkit (aka the 'Lightbulb Table') https://cep.lse.ac.uk/pubs/download/dp1832.pdf

Question 1: Which of the following will be the most important constraint on UK potential output in 2023, relative to its pre-2019 trend?

Answer:
Brexit
Confidence level:
Very confident
Comment:
The costs of Brexit will be (and are) greater than many think because of the loss of dynamism due to lower trade. We predicted all this pre-recession https://cep.lse.ac.uk/_new/NEWS/abstract.asp?index=5850. (The Minford view that de-regulation and low taxes would tranform UK is sheer fantasy.)

Prospects for Euro Area Inflation in 2023

Question 3:  Under its current policy trajectory, with rates peaking at 3.5%, which of the following is most likely?

Answer:
ECB policy rates will be appropriate in 2023.
Confidence level:
Not confident

Question 2: Relative to market forecasts of the ECB’s MRO rate peaking at 3.5%, which of the following is more likely during 2023?

Answer:
No response
Confidence level:
Not confident at all

Question 1: How likely is it that peak headline euro area inflation is behind us?

Answer:
Likely
Confidence level:
Not confident

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