Bruegel Blog (archive)

Money matters in the euro area

Would you be indifferent between holding cash in your wallet and holding a two-year maturity bond of a bank? If not, you should be interested in Divis

How can Europe avoid secular stagnation?

Larry Summers crystallized an important question in a recent speech: Has the world economy entered a period of “secular stagnation”? The slow rec

The spillovers of fiscal and monetary policies

What’s at stake: Policymakers in emerging economies have repeatedly complained over the spillover effects of advanced economies’ policies in the

Brain drain, gain, or circulation?

Over the long-term (pre-crisis) period analysed, Spain and the UK seemed the best placed at attracting high-quality scientists. France and Germany wer

Measuring Europe’s investment problem

Under the leadership of Vice President Katainen, the Commission has designed a plan which will be announced this week. The announcement of the investm

Young and under pressure

Since the beginning of the global financial crisis, social conditions have deteriorated in many European countries. The youth in particular have been

Monetary vs. fiscal credibility in Japan

What’s at stake: The damage inflicted by the introduction in April of the first major tax increase in 17 years has led to calls for postponing th

Obama’s executive action on immigration

What’s at stake: The President of the United-States announced sweeping changes to the immigration system via executive action this week to protec

Chart of the week: Political groups in the European Parliament since 1979

The results of the European Parliament election of May 22-25 have been described as “a shock, an earthquake”. The long-term trends, however, indicate

Vicious circle(s) 2.0

Since the beginning of the crisis – and more so since 2010 – Europeans have been looking at the sovereign-banking “vicious circle”, tying the dismal f

The cost of escalating sanctions on Russia over Ukraine and Crimea

Sanctions are not about showing the other how much damage can be inflicted on the sanctioned party, but about demonstrating how much pain can be toler

The decline of U.S. labor under-utilization

What’s at stake: Slack in the American labor market is being absorbed quickly, but the actual size of the gap remains an open question. While mos

Interactive map: Europe’s social polarisation and the generational struggle

According to the latest Eurobarometer survey on the social impact of the crisis, 80% of respondents believe that poverty has increased in th

Are the Eurozone’s fiscal rules dying?

The world is ready for a global economic governance reform, are world leaders?

A survey of G20 practitioners reveals how, notwithstanding the post-crisis loss of momentum, the G20 is still considered a useful forum of discussions

How I learned to stop worrying about TARGET2 and love the ECB

There always comes a time we have to face our past. For economists, it often happens when updating data long left sitting in a remote corner of o