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US

Teaching Introductory Economics

Question A:

The first required class for undergraduate economics majors at my university accurately reflects the way that economists think about a range of economics problems.

Responses

Source: Clark Center Economic Experts Panel
Methodology
Question B:

The first required class for undergraduate economics majors at my university addresses the most pressing economic issues in the US.

Responses

Source: Clark Center Economic Experts Panel
Methodology
 
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Clark Center Economic Experts Panel
Europe

European Infrastructure and Chinese Firms

On bids for infrastructure projects, the average European would be better off if Europe’s governments favored European firms over Chinese firms (or firms from any other country with non-profit-related geopolitical strategies) — even if it means sometimes choosing a higher-cost bidder.

Responses

Source: European Clark Center Economic Experts Panel
Methodology
 
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Clark Center Economic Experts Panel
Europe

Doom Loops and Europe’s Financial System

This week’s IGM European Economic Experts Panel statements:

A) Breaking the “doom loop” — a negative spiral that can result when banks hold sovereign bonds and governments bail out banks — would increase the stability of European economies in the event of another financial crisis.

B) Regulators should try to break the doom loop by assigning positive risk weights — in calculating banks’ capital requirements — to banks’ holdings of domestic and other Eurozone sovereign bonds.

C) Breaking the doom loop would impose substantial costs on powerful political constituencies. 
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Business Cycles, Recessions, & Crises
Europe

European Deposit Insurance

This week’s IGM European Economic Experts Panel statements:

A common European deposit insurance scheme, once fully implemented, would increase the stability of European economies in the event of another financial crisis.

A common European deposit insurance scheme, once fully implemented, would increase the likelihood of another financial crisis in Europe. 
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Clark Center Economic Experts Panel