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Full Description
If treated as a single economy, the European Union is the largest in the world, with an estimated GDP of over 14 trillion euros. Despite its size, European economic policy has often lagged behind the rest of the world in its ability to generate growth and innovation. Much of the European economic research itself often trails behind that of the USA, which sets much of the agenda in mainstream economics. This book, also available as open access, bridges the gap between economic research and policymaking by presenting overviews of twelve key areas for future economic policy and research. Written for the economists and policymakers working within European institutions, it uses comprehensive surveys by Europe's leading scholars in economics and European policy to demonstrate how economic research can contribute to good policy decisions, and vice versa, demonstrating how economics research can be motivated and made relevant by hot policy questions. This title is available as Open Access on Cambridge Core.
Contents
Introduction Richard Blundell, Estelle Cantillon, Barbara Chizzolini, Marc Ivaldi, Wolfgang Leininger, Ramon Marimon, Laszlo Matyas and Frode Steen; 1. Innovation and growth: the Schumpeterian perspective Philippe Aghion and Ufuk Akcigit; 2. European Union dual labour markets: consequences and potential reforms Juan J. Dolado; 3. Population, migration, ageing and health: a survey Christian Dustmann, Giovanni Facchini and Cora Signorotto; 4. Education systems: assignment, admissions, accountability, autonomy Simon Burgess; 5. Competition and regulation in markets for goods and services: a survey with emphasis on digital markets Nikolaos Vettas; 6. Winners and losers of globalisation: sixteen challenges for measurement and theory Cecília Hornok and Miklós Koren; 7. Economic approaches to energy, environment and sustainability Paul Ekins, Paul Drummond and Jim Watson; 8. Regional disparities and efficient transport policies Stef Proost and Jacques-François Thisse; 9. Skilled cities and efficient urban transport Stef Proost and Jacques-François Thisse; 10. Fiscal and monetary policies after the crises Charles Brendon and Giancarlo Corsetti; 11. Financial regulation in Europe: foundations and challenges Thorsten Beck, Elena Carletti and Itay Goldstein; 12. Inequality and welfare: is Europe special? Alain Trannoy; 13. Developments in data for economic research Roberto Barcellan, Peter Bøegh Nielsen, Caterina Calsamiglia, Colin Camerer, Estelle Cantillon, Bruno Crépon, Bram De Rock, Liran Einav, László Halpern, Arie Kapteyn, Asim I. Khwaja, Georg Kirchsteiger, Vigdis Kvalheim, Julia Lane, Markus Mobius, Luke Sibieta, Joseph Tracy, Frederic Udina, Gugliemo Weber and Lisa Wright; 14. Big data in economics: evolution or revolution? Christine De Mol, Eric Gautier, Domenico Giannone, Sendhil Mullainathan, Lucrezia Reichlin, Herman van Dijk and Jeffrey Wooldridge.
