Philip Jung's picture
Affiliation: 
University of Dortmund
Credentials: 
Professor of Macroeconomics

Voting history

The Eurozone COVID-19 Crisis: EU Policy Options

Question 2: What is the best mechanism to pay for economic support provided by and to EU member states to combat the COVID-19 crisis?

Answer:
Joint borrowing by member states (e.g. Coronabonds)
Confidence level:
Not confident

Question 1: What is the total size of funding that you would advocate at the EU level in support of its members to weather the COVID-19 crisis this year?

 

 

Answer:
<€700 billion (~5% of EZ GDP): Current committed EU funding is already excessive.
Confidence level:
Not confident

Labour Markets and Monetary Policy

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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?

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Answer:
Disagree
Confidence level:
Confident

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Question 1: Do you agree that a strong labour market is a good indicator of building inflationary pressure?

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Answer:
Disagree
Confidence level:
Confident

Bitcoin and the City

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Question 2: Do you agree that the regulatory oversight of cryptocurrencies needs to be increased?

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Answer:
Neither agree nor disagree
Confidence level:
Confident
Comment:
The demand for Cryptocurrency seems to come from a convex combination of various mafia organisations, libertarians who distrust the Government and financial speculators. The question seems to suggest that there exists a technology to control these groups by some central bankers, maybe sending a calvo fairy to forbid mining coins every other month to create price stickeness and finally gain some traction? We do not even fully understand what the transmission process of bitcoins to the real economy is but we are already debating regulatory oversight?

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