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A Dynamic Economic And Monetary Union (Ademu) - People

Principal Investigator: Professor Giancarlo Corsetti
Principal Investigator: Professor Hamish Low
Principal Investigator: Dr Pontus Rendahl
Principal Investigator: Charles Brendon
Research Associate: Dr Joao Duarte

A Dynamic Economic And Monetary Union (Ademu) - Details

Title: A Dynamic Economic And Monetary Union (Ademu)

Sponsor: ECH2020 SOCIETAL CHALLENGES (SC)

Description: ADEMU (A Dynamic Economic and Monetary Union) is part of the Horizon 2020 work program topic Resilient and sustainable economic and monetary union in Europe (EURO-1-2014). The primary focus of the project is on the dimension The impact of macroeconomic and social imbalances on economic stability.

In response to the European debt crisis and associated deep recession, a number of important steps have recently been taken towards redesigning the institutional architecture of EMU, based on the roadmap outlined in the Van Rompuy Report (2012). But these institutional innovations – in particular the ‘fiscal compact’, the ESM, the SSM and the SRM – retain relatively weak theoretical foundations. In particular, there is a noticeable gap between policy-oriented analyses of the precise EU challenges, and the major developments in dynamic macroeconomic theory of the past three decades.

Website: http://ademu-project.eu/
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Macroeconomics Research Group




Alejandro van der Ghote
(ECB)
'Unintended Effects of Macro-prudential Policy on Real Interest Rates and Liquidity Traps'
Wednesday 30th January 2019 1:00pm
Meade Room, Please note different day and time to usual
Leonardo Melosi
(Chicago Fed)
'TBA'
Tuesday 19th February 2019 4:00pm
Meade Room,



Faculty Events





Recent Publications


Faraglia, E., Marcet, A., Oikonomou, R. and Scott, A. Government Debt management: the Short and the Long of it Review of Economic Studies, accepted [2018]



Selected CWPE


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45

Step away from the zero lower bound: Small open economies in a world of secular stagnation, Corsetti, G., Mavroeidi, E., Thwaites, G. and Wolf, M.

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17

Policy Shocks and Wage Rigidities: Empirical Evidence from Regional Effects of National Sh..., de Ridder, M. and Pfajfar, D.

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44

The Case for Flexible Exchange Rates in a Great Recession, Corsetti, G., Kuester, K. and Müller, G. J.