Fiscal and Other Rules in EU Economic Governance: Helpful, Largely Irrelevant or Unenforceable?

by Begg, I
February, 2017

EU Member States, particularly in the Euro Area, have been pushed to adopt more extensive and intrusive fiscal rules, but what is the evidence that the rules are succeeding? The EU level Stability and Growth Pact (SGP) has been – and remains – the most visible rule-book, but it has been complemented by a profusion … Continued

Analysing the Relevance of the MIP Scoreboard’s Indicators

by Tomáš, D, Filip, O, Ivana, S, Mária, S
February, 2017

The EU established an early warning system by introducing the Macroeconomic Imbalance Procedure (MIP) in the wake of the recent recession. Nevertheless, it has been found by some authors to be rather vague when launching the Excessive Imbalances Procedure. Performed analysis reflects on such views and treats the MIP indicators as a system while assessing … Continued

A Public Investment Stimulus in Surplus Countries and Its Spillovers in the EA.

by Jan in't Veld
January, 2017

The Euro Area recommendations endorsed by the European Council in 2016 called for a differentiation of the fiscal effort by individual Member States, taking into account spillovers across Euro Area countries. This article shows model-based simulations of an increase in public investment in Germany and the Netherlands and their spillovers to the rest of the … Continued

UK scientists’ loss of influence to be felt at home and across Europe

by Thomas Koenig,
January, 2017

In the last days of 2016, the Swiss parliament adopted a compromise immigration law. As a result, the move consolidates various agreements of Switzerland with the European Union (EU). The law guarantees access to the European single market, on which Swiss industry and businesses heavily depend on. As a key consequence, Switzerland is now also … Continued

Public Investment in Belgium – Current State and Economic Impact

by Bernadette Biatour, Chantal Kegels, Jan van der Linden , Dirk Verwerft
January, 2017

Belgian government investment, and specifically the part spent on infrastructure, is relatively low both in historical terms and compared to neighbouring countries. A simulation with the European Commission’s Quest III model suggests that increasing government investment permanently by 0.5% of GDP leads to a growth in GDP, private consumption and private investment. The impact of … Continued

Improving the Employment Prospects of Graduates: What Can Universities Do?

by  Seamus McGuinness , Adele Whelan , Adele Bergin
January, 2017

This study focuses on the labour market transitions of European university graduates. The research examines the factors influencing the likelihood of newly qualified university graduates becoming mismatched on entering the labour market.