By Topic

This European survey examines (a) Europe’s economic growth performance over the last 25 years has been measurably better than it would have been in the absence of the single currency; (b) With euro area member states having given up their ability to carry out independent monetary policy, it is substantially more difficult for them to respond effectively to country-specific macroeconomic disturbances 

This week's US Economic Experts Panel statements: A) The UK economy is likely to be at least several percentage points smaller in 2030 than it would have been if the country had remained in the European Union. B) The aggregate economy of the 27 countries still in the EU is likely to be at least several percentage points smaller in 2030 than if the UK had not left. 

This week's European Economic Experts Panel statements: A) The UK economy is likely to be at least several percentage points smaller in 2030 than it would have been if the country had remained in the European Union. B) The aggregate economy of the 27 countries still in the EU is likely to be at least several percentage points smaller in 2030 than if the UK had not left. 

This week's European Economic Experts Panel statements: A) Without changes in policy, a rising share of people who are over age 65 will exert a substantial downward influence on per capita real GDP in western European countries. B) In European countries where the share of those over 65 is rising, there are net social benefits to adjusting retirement ages for state-financed (including pay-as-you-go) pension systems upwards, so that revised retirement ages better reflect longer life expectancies. 

This week's IGM Economic Experts Panel statements: A) Without changes in policy, a rising share of people who are over age 65 will exert a substantial downward influence on per capita real GDP in western European countries. B) In European countries where the share of those over 65 is rising, there are net social benefits to adjusting retirement ages for state-financed (including pay-as-you-go) pension systems upwards, so that revised retirement ages better reflect longer life expectancies. 

This US survey examines (a) Use of artificial intelligence over the next ten years will lead to a substantial increase in the growth rates of real per capita income in the US and Western Europe over the subsequent two decades; (b) Use of artificial intelligence over the next ten years will have a substantially bigger impact on the growth rates of real per capita income in the US and Western Europe over the subsequent two decades than the internet has had over the past two decades 

This European survey examines (a) Use of artificial intelligence over the next ten years will lead to a substantial increase in the growth rates of real per capita income in the US and Western Europe over the subsequent two decades; (b) Use of artificial intelligence over the next ten years will have a substantially bigger impact on the growth rates of real per capita income in the US and Western Europe over the subsequent two decades than the internet has had over the past two decades 

This week's IGM Economic Experts Panel statement: Because labor markets across different sectors are connected, rising productivity in manufacturing leads the cost of labor-intensive services — such as education and health care — to rise. 

This week's IGM Economic Experts Panel statements: A) If the UK opts to withdraw from the European Union, and assuming Scotland stays in the UK, the level of the UK's real per-capita income a decade later will be lower than if it remains part of the EU. B) If the UK exits the EU, then it substantially increases the chances that some other current region of the EU will also exit within the following decade.