Economic and Monetary Policy
The development of the European Union has important implications for the design and outcomes of economic policy.
This is the case with the adoption of a single currency and a monetary policy in the Euro-zone, and the related required institutional developments, but also with regard to policy issues concerning taxation, regulation, labour markets, the welfare state and the environment, both at the national and European level.
Our goal is to study economic policy issues relevant for the global economy, with particular attention to the old and new European economies.
The principal focus of the programme is on economic policy and the political economy of European monetary integration. The programme aims at identifying policy priorities consistent with the new European economic constitution, as well as factors that can foster economic growth and prosperity in a stable macroeconomic environment at both regional and global level. A key goal is pedagogical, with the production and promotion of texts clarifying the logic and mechanisms of European policies for non-specialists such as students, scholars and practitioners.
'A Network of European Research Institutes for Forecasting and Policy Analysis in the Monetary Union’ was created to provide a critical analysis of the current economic situation in the Euro area, short-term forecasts of the main macroeconomic and financial variables, policy advice, and in-depth study of topics of particular relevance for the working of the EMU.
Other Work in Progress
Elena Carletti’s current projects concern the role of liquidity in financial crises, the functioning of interbank markets and central bank intervention, the link between competition and financial stability, financial regulation and merger valuation. Furthermore, she is working on African financial access and development as well as on the role of corporate governance for firm valuation.
Youssef Cassis’ current work focuses on the historical background to economic and monetary policy, with projects on the history of global financial crises and on the transformations of the international systems since 1945.
Page last updated on 15 April 2019