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

Voting history

Should the ECB Reformulate its Inflation Objective?

Question 3: Which of the following best reflects your opinion on the following statement? “The ECB should explicitly recognize unemployment and/or economic growth as a secondary aim, secondary to its price stability mandate.”

Answer:
Neither agree nor disagree
Confidence level:
Not confident at all
Comment:
This is difficult. Ideally the answer is yes, but with a very heterogeneous currency zone this would be very difficult and put quite a bit of pressure on the ECB

Question 2: Would you support increasing the ECB’s inflation target to a higher rate of inflation than the current 2% target?

Answer:
Strongly oppose
Confidence level:
Very confident
Comment:
This would not be credible at all in the current environment.

Question 1: Which of the following best reflects your opinion on the following statement? “The ECB should explicitly state that it will allow inflation to temporarily exceed the 2% target following extended periods of low inflation.”

Answer:
Agree
Confidence level:
Very confident
Comment:
It is almost always useful if monetary policy is very transparent. This is definitely true for this topic.

The Economic Cost of School Closures

Question 3: To what extent will school closures increase gender inequality due to unequal gender distribution of the burden of school closures?

Answer:
By a large amount but temporarily
Confidence level:
Not confident
Comment:
This is a hard one. I really hope that we can make the negative impact temporarily but it will require institutions to recognise this and to take compensating actions.

Question 2: To what extent will school closures increase inequality in human capital development?

Answer:
By a large amount and persistently
Confidence level:
Confident
Comment:
It already is the case that talented kids from disadvantaged neighbourhoods have a hard time of getting into the better jobs and higher-education institutions. School closures will make it harder for these kids to prove they do have the skills.

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