Roger Farmer's picture
Affiliation: 
University of Warwick
Credentials: 
Professor of Economics

Voting history

Euro weakness in 2022

Question 2: Should the ECB respond to movements in the euro-dollar exchange rate of the nature observed in 2022?

Answer:
No
Confidence level:
Confident

Question 1: What was the main cause for the euro’s decline relative to the US dollar in 2022?

Answer:
Monetary policy differences
Confidence level:
Confident

Addressing UK public finances after the mini-budget crisis

Question 3: Given the desired amount of deficit reduction, the Autumn Statement on balance:

Answer:
No opinion or other
Confidence level:
Confident
Comment:
Political choices kick in here in a big way. It's not just a question of tax increases of spending cuts. It matters a lot which taxes are increased and which expenditures are cut.

Question 1: How necessary was it for the UK government to lower its deficit through tax increases or spending cuts in November 2022?

Answer:
Undesirable
Confidence level:
Confident
Comment:
The Truss plan went too far in one direction. The Sunak plan has overcompensated. Moderate deficits are sustainable long term and large deficits are possible in times of crisis. This is one such time.

Assisting Households Facing Rising Energy Costs

Question 3: Should a windfall tax be used to (fully or partially) finance support to households?

Answer:
No
Confidence level:
Confident

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