Clark Center Forum

About the Clark Center Forum

The Forum for the Kent A. Clark Center for Global Markets is home to the European, Finance, and US Economic Experts Panels as well as a repository of thoughtful, current, and reliable information regarding topics of the day.
Europe

Responses To Market Power

Question A:

Constraints on the anti-competitive behavior of dominant firms in the digital economy can in principle be effectively implemented using the existing tools of competition policy and antitrust enforcement.

Responses

Source: European Clark Center Economic Experts Panel
Methodology
Question B:

The effectiveness of existing antitrust regimes in constraining anti-competitive behavior is substantially limited by the inadequacy of the resources available to competition and regulatory agencies relative to the dominant firms of the digital economy.

Responses

Source: European Clark Center Economic Experts Panel
Methodology
Question C:

Constraints on the anti-competitive behavior of dominant firms in the digital economy would be more effectively implemented than at present with ex-ante regulation such as Europe's Digital Markets Act and other forms of public utility regulation.

Details on Digital Markets Act here: https://digital-markets-act.ec.europa.eu/index_en

Responses

Source: European Clark Center Economic Experts Panel
Methodology
 
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Regulation, Competition, & Market Power
US

Responses To Market Power

Question A:

Constraints on the anti-competitive behavior of dominant firms in the digital economy can in principle be effectively implemented using the existing tools of competition policy and antitrust enforcement.

Responses

Source: Clark Center Economic Experts Panel
Methodology
Question B:

The effectiveness of existing antitrust regimes in constraining anti-competitive behavior is substantially limited by the inadequacy of the resources available to competition and regulatory agencies relative to the dominant firms of the digital economy.

Responses

Source: Clark Center Economic Experts Panel
Methodology
Question C:

Constraints on the anti-competitive behavior of dominant firms in the digital economy would be more effectively implemented than at present with ex-ante regulation such as Europe's Digital Markets Act and other forms of public utility regulation.

Details on Digital Markets Act here: https://digital-markets-act.ec.europa.eu/index_en

Responses

Source: Clark Center Economic Experts Panel
Methodology
 
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Regulation, Competition, & Market Power
Europe

Subsidizing Green Technology

This European survey examines (a) Government subsidies for investment in green technologies are justified by substantial benefits coming from reducing unpriced carbon emissions and generating positive R&D spillovers; (b) Using subsidies for green technologies instead of full carbon prices will lead to substantially more rent-seeking and hence substantially higher costs to achieve a given reduction in emissions 
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Environment, Climate Change, & Natural Resources
US

Subsidizing Green Technology

This US survey examines (a) Government subsidies for investment in green technologies are justified by substantial benefits coming from reducing unpriced carbon emissions and generating positive R&D spillovers; (b) Using subsidies for green technologies instead of full carbon prices will lead to substantially more rent-seeking and hence substantially higher costs to achieve a given reduction in emissions 
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Environment, Climate Change, & Natural Resources
Europe

AI and the Labor Market

This European survey examines (a) Use of artificial intelligence over the next ten years will have a negative impact on the earnings potential of substantial numbers of high-skilled workers in advanced countries; (b) Use of artificial intelligence over the next ten years will lead to substantially greater uncertainty about the likely returns to investment in education; (c) Use of artificial intelligence over the next ten years is likely to have a measurable impact in increasing income inequality 
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Jobs, Pay, & Unemployment
US

AI and the Labor Market

This US survey examines (a) Use of artificial intelligence over the next ten years will have a negative impact on the earnings potential of substantial numbers of high-skilled workers in advanced countries; (b) Use of artificial intelligence over the next ten years will lead to substantially greater uncertainty about the likely returns to investment in education; (c) Use of artificial intelligence over the next ten years is likely to have a measurable impact in increasing income inequality 
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Jobs, Pay, & Unemployment
Europe

AI and Market Power

This European survey examines (a) Use of artificial intelligence is likely to lead to a substantial increase in problems associated with market power in digital markets; (b) Artificial intelligence offers substantial opportunities for new entrants into digital markets that have previously been concentrated; (c) Artificial intelligence is likely to be a highly concentrated industry, dominated by a handful of players 
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Regulation, Competition, & Market Power
US

AI and Market Power

This US survey examines (a) Use of artificial intelligence is likely to lead to a substantial increase in problems associated with market power in digital markets; (b) Artificial intelligence offers substantial opportunities for new entrants into digital markets that have previously been concentrated; (c) Artificial intelligence is likely to be a highly concentrated industry, dominated by a handful of players 
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Regulation, Competition, & Market Power
FT-Booth US Macroeconomists Survey

FTxBooth: Rate increases to continue?

This installment of the FTxBooth US Macroeconomists Survey discusses the likelihood that the Fed will continue to raise rates and views oil supply as a top inflation risk The summary results are below and you can read the Financial Times article here, subscription required. View the results of this survey >> For social media: Please […] 
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FT-Booth US Macroeconomists Survey
Europe

Policy Responses to Recent Bank Failures

This European survey examines (a) The response to recent bank failures should be to: Expand central banks’ lender of last resort facilities for banks; (b) The response to recent bank failures should be to: Substantially increase the limit on bank deposit insurance; (c) The response to recent bank failures should be to: Substantially increase bank capital requirements; (d) The response to recent bank failures should be to: Use market values of all traded assets to compute banks’ regulatory capital 
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Business Cycles, Recessions, & Crises
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Topics

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