Wouter Den Haan's picture
Affiliation: 
London School of Economics
Credentials: 
Professor of economics

Voting history

The “Spend Now, Tax Later” Budget

Question 1: How will the increase in the corporate tax rate from 19% to 25% affect the UK’s international competitiveness in the medium term?

 

Answer:
Moderate damage
Confidence level:
Confident
Comment:
It isn't a great thing in itself but it is relatively unimportant in the big picture especially during these quite chaotic challenging times.

The ECB’s Green Agenda

Question 2: Would you support changing the ECB’s mandate to incorporate the EU’s target of carbon neutrality by 2050, if such a change is deemed legally necessary to adopt your preferred approach?

Answer:
No
Confidence level:
Not confident
Comment:
Carbon neutrality objectives are best dealt with by governments not central banks.

 Question 1: Which of the following actions is the most advisable approach for European Central Bank to address the environmental impact of its bond-purchasing policies?

Answer:
Aiming for market neutrality
Confidence level:
Not confident
Comment:
Of course, if there is a change in the mandate regarding the investment portfolio it would be best for central banks to be neutral and not favor particular sectors.

Should We Worry About Post-Covid Inflation?

Question 2: Which of the following will be the greatest inflationary (or deflationary) force facing the UK economy?

Answer:
Global factors
Confidence level:
Not confident

 Question 1: Which of the following scenarios is most likely to hold on average for most of the upcoming decade?

Answer:
Inflation will be at the current target rate
Confidence level:
Not confident
Comment:
The arguments given for upward pressure on inflation are good ones. But we still have persistent downward pressures. I don't know which ones are going to dominate.

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