Clark Center Forum

 

 

This week's European Economic Experts Panel statements:

A) All else equal, there are substantial advantages to having much of Europe’s human capital and infrastructure for international financial activity clustered in a single city, as they are at present in London.

B) All else equal, Britain’s rules on hiring, firing and working hours are significantly more conducive to financial activity than those in other large European countries. 

This week’s IGM Economic Experts Panel statement:

Providing state and local subsidies to build stadiums for professional sports teams is likely to cost the relevant taxpayers more than any local economic benefits that are generated. 

This week’s IGM Economic Experts Panel statements:

A) US share prices have risen since Donald Trump’s election victory at least partly because the policies he seems poised to implement are likely to increase US after-tax corporate profits.

B) US share prices have risen since Donald Trump’s election victory at least partly because the policies he seems poised to implement are likely to increase US real GDP growth. 

This week's European IGM Economic Experts Panel statements:

A) Setting the EU rules aside, and assuming it would take 2.5% of Italy’s GDP to recapitalize its banks, the Italian government would improve financial stability in Europe if it injected this amount of public funds into its banks.

B) If Italy were to inject public funds into its banks without imposing losses on at least some claimants, an important cost would be the effect on future incentives (economic or political) in Europe. 

This week's IGM Economic Experts Panel statement:

The Council of Economic Advisors is likely to give the US president better policy advice if the Chair and Members of the CEA have published peer-reviewed economics research. 

How should Europeans respond to the powerful economic forces and the daunting policy challenges they face? Among voters, policy makers and pundits across the region, views differ widely: both over what has been happening in Europe’s economies and over what will happen if different approaches are tried. To support this debate, Chicago Booth’s Initiative on Global Markets has assembled a panel of leading European economic experts.



The panel’s goal is to explore the experts’ views on some of the most important policy questions facing the region – issues such as trade, migration, taxes, banks, markets, and competition – and to share these views directly with the public in a simple way. 

This week's IGM European Economics Experts Panel statements:

A) Because of the Brexit vote's outcome, the UK's real per-capita income level is likely to be lower a decade from now than it would have been otherwise.

B) Because of the Brexit vote's outcome, the rest of the EU's real per-capita income level is likely to be lower a decade from now than it would have been otherwise. 

This week's IGM European Economics Experts Panel statements:

A) Freer movement of goods and services across borders within Europe has made the average western European citizen better off since the 1980s.

B) Freer movement of goods and services across borders within Europe has made many low-skilled western European citizens worse off since the 1980s.