Our two-day conference, organized with the European Stability Mechanism, the International Monetary Fund and the Bank of Spain, saw participants representing the European Commission, central and private banking groups and economic research groups discuss the need for – and the scope of – a fiscal union within the European Monetary Union (EMU). Continue reading
During ADEMU’s two-day conference held in conjunction with the European Stability Mechanism, the International Monetary Fund and the Bank of Spain, we spoke to participants about topics including the impact of monetary policy on human rights and the economic and politcal development of the EU. Continue reading
On Friday 28 April, the European University Institute hosted the ADEMU seminar Macroeconomic stabilization, monetary-fiscal interactions, and Europe’s monetary union, with William B.Peterman (Federal Reserve Board of Governors). Continue reading
A conference hosted by Barcelona GSE saw leading economists from across the world gather to discuss how fiscal policy should be conducted in times of crisis. The conference, which included a lecture from Edward C Prescott, was held as part of ADEMU’s three year Horizon 2020 research project into the stability of the eurozone. The slides and working papers from the event are now available, along with video of Professor Prescott’s lecture and photographs from throughout the day. Continue reading
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, discussed his working paper which documents the sources that contributed to the rise in long-term unemployment and analyzes its persistence using state-of-the-art duration models. Continue reading
On Thursday 30 March, Barcelona GSE hosted the ADEMU lecture Fiat Value and the Theory of Value, delivered by economist and Nobel Laureate Edward C Prescott. Continue reading
On Monday 20 March, CERGE-EI hosted the ADEMU lecture ‘Sovereign Debt and Structural Reforms’, delivered by Italian economist Fabrizio Zilibotti. Continue reading
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) discussed this question in this seminar at the EUI, Florence, on 17 March. Continue reading
On 8 March, Professor Enrique G Mendoza, Presidential Professor of Economics at the University of Pennsylvania, delivered his lecture ‘The Public Debt Crisis of the United States’ at the European University Institute (EUI). Continue reading
Marco Buti, Director General for Economic and Financial Affairs at the European Commission, visited the European University Institute (EUI) in Florence on 2 March to deliver the ADEMU seminar The EA fiscal stance and policy mix.