Both the financial and the euro crises, and their subsequent recessions, have raised many questions as to how fiscal policy should be conducted in times of crisis: in particular, when public and/or private over-borrowing call for restraint.
What would be the effect of imposing a 100 percent reserve requirement to depository institutions? Hugo Rodríguez Mendizábal (Instituto de Análisis Económico CSIC, MOVE, Barcelona GSE) will discuss this question in this seminar at the EUI, Florence, on 17 March.
Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects around 57% of the unemployed. In this ADEMU seminar, Samuel Bentolila, Professor of Economics at CEMFI, will discuss his working paper which documents the sources that contributed to the rise in long-term unemployment and analyzes its persistence […]