Author Archives: ADEMU


ADEMU in 2018 – what to expect

January 31, 2018

As we enter the final months of the project, you will see some changes in the information we share. As we begin to disseminate the results of our three-year project involving eight prestigious academic institutions, we will move our focus slightly from our ADEMU community of researchers and co-ordinators, and begin to share our research and recommendations with policy makers and the public.

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ADEMU Perspectives #11: Fiscal Multipliers

In this month’s Perspective’s, ADEMU researchers Martial Dupaigne, Professor at Paul Valéry University in Montpellier, and Patrick Fève, Professor at TSE and UTC, discuss their recent ADEMU working paper, Persistence Government Spending and Fiscal Multipliers: The Investment-Channel, which theoretically examines the mechanism shaping  government spending multipliers in various small-scale models. Here, they summarise their research findings.  Continue reading

Call for papers: post-ADEMU workshop at the Barcelona GSE Summer Forum, 21-22 June *Deadline for submissions 28 February*

January 19, 2018

The three-year Horizon 2020-funded ADEMU Project ends with its final conference on the 9th and 10th of May at the EUI in Florence. Following this, a workshop will take place as part of the Barcelona GSE Summer Forum, an annual event attended by around 700 economists, researchers and academics from around the world.

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Goodbye to 2017, and a look forward to 2018, by ADEMU Scientific Co-Ordinator Ramon Marimon

December 21, 2017

Dear ADEMU researchers and friends,

With the New Year, we will enter the last five months of the ADEMU Project. Since we started the project in June 2015, ‘reassessing the fiscal and monetary framework of the EMU’ has become a hunting exercise of shooting a moving target, making our project even more challenging and timely. Continue reading

ADEMU Perspectives #10: Strengthening the European Union with limited political capital, by Jean-Pierre Danthine

Jean-Pierre Danthine, Paris School of Economics, CEPR, former vice chairman of the Swiss National Bank, and member of the ADEMU Advisory Committee reflects on a tumultuous time for the EU and examines the options available to strengthen the Union in the face of limited political capital. 

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ADEMU – a year of events in review, and a look at what’s to come

In 2018, we enter the final stage of our three-year research project to reassess the overall fiscal and monetary framework of the EU and, in particular, the euro area.

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80 working papers in the ADEMU repository

December 20, 2017

With the end of 2017 comes the 80th working paper to be uploaded to our repository. This is the result of an incredible amount of hard work and dedication from not only our ADEMU co-ordinators and researchers, but also the academics, professionals and post-graduate researchers who give their time and experience to attend conferences and seminars around the world. It’s thanks to them that our research is scrutinised, analysed and worthy of the audience we aim to reach. Continue reading

ADEMU Perspectives #9: On the sovereign debt crisis in Europe, by Pedro Teles

November 30, 2017

Was the sovereign debt crisis in Europe due to weak fundamentals or to coordinated expectations? Professor Pedro Teles, full professor at Católica Lisbon School of Business & Economics, senior economist to the Banco de Portugal, research fellow at the Centre for Economic Policy Research and member of the ADEMU steering committee, examines the evidence. Continue reading