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CEP is an international nonprofit, nonpartisan economic policy think tank for sustainability focused on fiscal, monetary and trade policy. If you are interested in learning more about us or getting involved, we’d be delighted to hear from you.

 

Measuring Tax Expenditures in Developing Countries: What is the Role of the G20?

| 26 May 2017
Blog, Fiscal | Tags: Inequality, Tax Competition, Tax Expenditures
For many countries in the developing world, tax exemptions are considered a crucial instrument for stimulating private local investment and, mainly, attracting foreign direct investment (FDI) inflows. According to the... continue reading

Why Monetary Policy Should Go Green

| 19 May 2017
Blog, Monetary | Tags: Climate Change, Collateral Frameworks, Green Finance, QE
Monetary policy is rarely a topic in debates on green finance. It should. The €60bn that the European Central Bank is currently injecting into financial markets on a monthly basis are... continue reading

Intellectual Property Boxes and the Paradox of Price Discrimination

| 15 May 2017
Fiscal, Working Papers | Tags: Corporate Taxes, Innovation, Patent Boxes, Tax Competition, Tax Expenditures
This paper considers the methods by which some existing laws and proposals offer different tax rates to different types of capital, a scheme variously known as a patent box, innovation... continue reading

Monetary Policy, Macroprudential Regulation and Inequality

| 12 April 2017
Discussion Notes, Monetary | Tags: Inequality, Interest Rates, Macroprudential Regulation
The 2008 global financial crisis profoundly changed the role of central banks in the economy. First, central banks engaged in strong expansionary monetary policy, using new unconventional tools to boost... continue reading

The Effects of Exporting on Labour Productivity: Evidence from German Firms

| 24 March 2017
Trade, Working Papers | Tags: Employment, Productivity, Services Trade
We revisit the "self-selection vs. learning-by-exporting (LBE)" debate with new evidence on a large panel of German firms of all economic sectors up to the 3-digit NACE level, between 1993-2014,... continue reading

Trade and Jobs in Europe: The Role of Mode 5 Services Exports

, and | 16 March 2017
Blog, Trade | Tags: Employment, Services Trade
From 1995 to 2011, the EU employment supported by exports of goods and services to the rest of the world grew by 67%, reaching a total of 31 million jobs.... continue reading