Blog

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. In a recent research piece we set out to bring to light some key insights ... continue reading

Before We Reform Tax Policy, We Need to Know What Is Working

| 9 March 2017
Blog, Fiscal | Tags: Tax Expenditures
Congress and President Trump are embarking on what is likely to be a major rewrite of the federal income tax code. Yet, neither they nor anyone else knows whether the hundreds of tax preferences embedded in the law accomplish their stated purposes. ... continue reading

Inequality Should Matter for Central Banks

and | 16 February 2017
Blog, Monetary | Tags: Central Banks, Inequality, Quantitative Easing
Central bankers have long been discreet about the links between monetary policy and inequality. They justify this reserve by the fact that their mandates do not charge them with addressing inequality and they generally argue that by providing price stability, central banks maintain the existing ... continue reading

CGE Models vs Educated Guesswork: The Case of the EU-Korea FTA

| 17 January 2017
Blog, Trade | Tags: CETA, TPP, TTIP
A September 2016 research note by the European Commission on the effects of the EU-Korea Free Trade Agreement has recently been picked up in social media by various commentators. Amid rising skepticism around trade agreements and a tendency to question established wisdom, its 2-fold message is balm for the ... continue reading

Pension Tax Expenditures. A Costly Christmas Gift … Not From Santa

| 4 January 2017
Blog, Fiscal | Tags: Fiscal, Inequality, Pensions, Tax Expenditures
For people living in Switzerland, December 31 was the last day for 2016 contributions into their Pillar 3a retirement accounts – and hence for taking advantage of the exemption from income tax that these payments benefit from. The scheme is one of many examples from ... continue reading