This Week's Discussion Papers CEPR published 6 Discussion Papers this week.
Keynes and the Crisis In CEPR Policy Insight No. 23, Axel Leijonhufvud asks not what we have learnt, but what we should have learnt from Keynes in light of the current financial turmoil. CEPR Policy Insight No.23CEPR Policy Insights
Avoiding Disorderly Deleveraging A prolonged situation of financial distress, which has now lasted for almost a year, is debilitating the financial system. In CEPR Policy Insight 22, Luigi Spaventa examines possible solutions to the immediate and urgent problems. CEPR Policy Insight No.22CEPR Policy Insights
April €-coin remains stationary around the low level reached two months earlier The April €-coin confirms that the growth momentum in the euro area - after falling for almost a year - remained broadly stable at around 0.3%, the same level recorded in February and March. More on EuroCOIN™Read the Press Release
Monetary Policy and the Financial Crisis of 2007-2008 In CEPR Policy Insight No. 21, Stephen Cecchetti provides an account of the financial crisis that began on 9 August 2007 and continued into 2008. It is the story of how the crisis came about and how the Federal Reserve worked to contain the damage. CEPR Policy Insight No.21CEPR Policy Insights
The CEPR/ESI 12th Annual Conference on 'The Evolving Financial System and the Transmission Mechanism of Monetary Policy' The Annual Conference will take place on 25/26 September 2008 in Basel and will be co-organised with, and hosted by, the Bank for International Settlements. The topic of the 12th CEPR/ESI Annual Conference will be 'The Evolving Financial System and the Transmission Mechanism of Monetary Policy' Further information
The Need for an Emergency Bank Debt Insurance Mechanism In a new CEPR Policy Insight, Javier Suarez proposes the creation of an Emergency Bank Debt Insurance Mechanism (EBDIM) as an alternative to the massive lending of last resort (LLR) operations undertaken by central banks since the start of the subprime crisis. CEPR Policy Insight No. 19CEPR Policy Insights
Multilateralising Regionalism A new report by CEPR Policy Director Richard Baldwin and Phil Thornton calls for a WTO Action Plan on regionalism to steer the world back towards the multilateralist ideal that has guided the world trade system since 1947. Read the Press Release Read the Report
Transparency and Governance The latest Monitoring the European Central Bank Report argues that the ECB has a serious credibility and communication problem: the way the Governing Council makes its interest rate decisions remains clouded. Read the Press Release Read the Report
CEPR Research Fellow awarded Carlo Alberto Medal CEPR Research Fellow Enrico Moretti has been awarded the 2008 Carlo Alberto Medal. The medal is awarded to an outstanding Italian economist under 40. More Information
Lessons from the 2007 Financial Crisis What caused the current North Atlantic financial crisis, how can it be fixed and how can the likelihood of future crises be reduced? CEPR Policy Insight No. 18 addresses these issues at length. CEPR Policy Insight No. 18CEPR Policy Insights
Introducing a Global Database on Migrant Stocks Migration matters and will matter more as the lopsidedness of the world age-profile works its way through into labour and product markets. Surprisingly, there has been no global dataset on migration stocks until now. CEPR Policy Insight No. 17 introduces a new database maintained at the University of Sussex. CEPR Policy Insight No. 17CEPR Policy Insights
Seppo Honkapohja appointed to the Bank of Finland's Board CEPR Research Fellow Seppo Honkapohja has been appointed as a Member of the Board of the Bank of Finland from January 2008. More information
International Financial Stability The ninth CEPR/ICMB Geneva Report on the World Economy, launched in London 12 November, examines the main threats to international financial stability, focusing on the implications of the major changes that have occurred in the global financial system in the past two decades. Read the Press Release Read the report
Europe's superstar firms In a new CEPR Policy Insight, Researchers Thierry Mayer and Gianmarco I.P. Ottaviano reveal new facts that are essential for future policy-making to foster competitiveness among European firms in the international market and for the ongoing process of trade liberalisation. Read Policy InsightPolicy Insights
Vox - Our New Policy Portal We have launched Vox (www.VoxEU.org), a new policy portal featuring research-based analysis and commentary from Europe's leading economists. VoxEU.org Read the Press Release
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