Question 3: Which would be the maximal public debt you would be willing to tolerate if used effectively (as in your answers to 1 and 2 above) to support an economic recovery?
Answer:
No opinion
Confidence level:
Confident
Question 2: Which of the following would have the second greatest impact in mitigating the economic effects of the coronavirus economic crisis in the UK?
Answer:
None of the above, other, or no opinion
Confidence level:
Confident
Comment:
Same answer as to question 1.
Question 1: Which of the following would have the greatest impact in mitigating the economic effects of the coronavirus economic crisis?
Answer:
None of the above, other, or no opinion
Confidence level:
Confident
Comment:
I don't think that it makes a lot of sense to try ranking the impact of different measures at present. It is essential to have a portfolio of fiscal measures of the kind that we have already seen announced -- through tax/transfer schemes, grants to businesses (particular those aimed at retaining workers) and credit support which all make sense. There is much scope to learn as policies are rolled out and to try hard to plug obvious gaps in coverage as they emerge. And the scale/scope of measures should be kept under constant review. If needs be, these fiscal measures need to be supported by monetary actions such as QE.
Question 1: Do you agree that the phenomenon of declining house prices will ripple out from the London property market leading more UK regions to experience falling prices?
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).
COVID-19 and UK Public Finances
Question 1: How urgently should the UK government address the rise in public debt?
Covid-19: Economic Policy Response
Question 3: Which would be the maximal public debt you would be willing to tolerate if used effectively (as in your answers to 1 and 2 above) to support an economic recovery?
Question 2: Which of the following would have the second greatest impact in mitigating the economic effects of the coronavirus economic crisis in the UK?
Question 1: Which of the following would have the greatest impact in mitigating the economic effects of the coronavirus economic crisis?
House Prices and the UK economy
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Question 1: Do you agree that the phenomenon of declining house prices will ripple out from the London property market leading more UK regions to experience falling prices?
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