Do you agree that if the Chinese slowdown turns out to be persistent, it will have a significant impact on UK growth (say, in the order of a few tenths of a percentage point) and/or it will justify a material change in monetary policy (for example, in terms of the timing and speed of a return to ‘normal’ interest rates) and fiscal policy (for example, in terms of the timing and speed of fiscal contraction).
Question 3: Do you agree that implementation of the agreement will lead to an expected decrease in Greek debt repayments?
=======================================
Answer:
Disagree
Confidence level:
Not confident
Comment:
Greek debt needs to be restructured as it is unsustainable. But it also needs structural on pensions, tax collection, flexibility in labour and product markets, etc.
Question 2: Do you agree that the benefits of reforming the monetary system to allow materially negative policy interest rates outweigh the possible costs?
There needs to be the acceptance that there is a stronger role for fiscal policy when we are near the ZLB. We should also set a higher target rate of inflation at say 4%
Question 2: Do you agree that the outcome of the general election will have non-trivial consequences for aggregate economic activity (employment and GDP)?
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).
China’s growth slowdown: likely persistence and effects
======================================================================
Question 2:
Do you agree that if the Chinese slowdown turns out to be persistent, it will have a significant impact on UK growth (say, in the order of a few tenths of a percentage point) and/or it will justify a material change in monetary policy (for example, in terms of the timing and speed of a return to ‘normal’ interest rates) and fiscal policy (for example, in terms of the timing and speed of fiscal contraction).
ECB's quantitative easing
======================================================================
Question 2:
Do you agree that the structure of the ECB's QE programme makes the Eurozone more fragile and increases the risk of one country leaving the euro?
======================================================================
Deal or no deal: The Greece standoff
=======================================
Question 3: Do you agree that implementation of the agreement will lead to an expected decrease in Greek debt repayments?
=======================================
Monetary policy and the zero lower bound (ZLB)
============================================================
Question 2: Do you agree that the benefits of reforming the monetary system to allow materially negative policy interest rates outweigh the possible costs?
============================================================
The Importance of Elections for UK Economic Activity
Question 2: Do you agree that the outcome of the general election will have non-trivial consequences for aggregate economic activity (employment and GDP)?
Pages