My view is that equity markets in particular were over-valued. I see this, so far, as a correction to a better appreciation of the prospects for growth.
Question 1: The Chancellor forecasts a cyclically adjusted fiscal surplus by 2017-18 and in cash terms by 2019-20. Do you agree that this planned path of fiscal consolidation is appropriate?
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).
Market Turbulence and Growth Prospects
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Question 1: Do you agree that economic growth prospects for the global economy have seriously deteriorated?
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Autumn Statement & Charter for Budgetary Responsibility
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Question 2: Do you agree that the Charter for Budgetary Responsibility is helpful in underpinning the credibility of fiscal policy?
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Question 1: The Chancellor forecasts a cyclically adjusted fiscal surplus by 2017-18 and in cash terms by 2019-20. Do you agree that this planned path of fiscal consolidation is appropriate?
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Deal or no deal: The Greece standoff
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Question 3: Do you agree that implementation of the agreement will lead to an expected decrease in Greek debt repayments?
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Question 2: Do you agree that Greece would be better off defaulting right now rather than signing to the agreement under consideration?
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