Get the Hellas out of here
CITI economists Willem Buiter and Ebrahim Rahbari write: First, we raise our estimate of the likelihood of Greek exit from the eurozone (or ‘Grexit’) to 50% over the next 18 months from earlier estimates of ours which put it at 25-30%. Second, we argue that the implications of Grexit for the rest of the EA […]
Fiscal policy: What does ‘Keynesian’ mean?
Portes, Jonathan. What does it mean to be a ‘Keynesian’? This column argues that, like so much in economics, the label has become politicised. The cost is an impoverished policy debate that is resulting in millions of avoidable job cuts. Πηγή: Voxeu πλήρες κείμενο