Newsletter February 2019
Newsletter with envelope icon
In this issue:
  • EconPol Europe announces new partners
  • Hard Brexit – breaking the deadlock
  • An unemployment re-insurance scheme for the Eurozone?
  • Stock flow adjustments in sovereign debt dynamics: the role of fiscal frameworks
  • Upcoming events
  • Plus all the latest news from our partners
EconPol announces new partners, with 12 countries now contributing to our cross-border research
EconPol Europe has welcomed five new associate partners to expand its reach into the Czech Republic, the Netherlands, Portugal, Spain and Switzerland and take the total number of university and non-university institutions in the network to 14. CERGE-EI (Prague), CPB Netherlands Bureau for Economic Policy Analysis (The Hague), Instituto Universitario de Economia at Universidad Carlos III de Madrid (Madrid), the KOF Swiss Economic Institue at ETH Zurich (Zurich) and REM at the Lisbon School of Economics and Management of the Universidade de Lisboa (Lisbon) will join the founding partners in contributing independent cross-border scientific research on the future design of the European Union. Read the full announcement.
EconPol’s mission is to contribute evidence-based research to help solve the pressing economic and fiscal policy issues facing the European Union. As our network expands, so does the reach of our research. With EconPol’s papers, policy briefs and reports now being cited by the world’s media, we have added a press coverage page to our website. EconPol is not the story – but our research helps to ensure that facts are available to the public, policy makers and journalists.

Hard Brexit ahead: breaking the deadlock

With negotiations between the EU and UK reaching deadlock, the only way forward seems to be a hard Brexit. In this policy brief, the authors suggest a model which will avoid a ‘no deal’ scenario and find that a minimum three-month extension is necessary in order to establish a European Customs Association.

Press release
EconPol policy brief 12

An unemployment re-insurance scheme for the Eurozone? Stabilizing and redistributive effects

A new policy report from EconPol Europe provides the first analysis to evaluate an unemployment re-insurance scheme for the euro area as regards potential stabilizing and redistributive effects. The novel feature of the study is that it separates the stabilization effects of the re-insurance scheme into two channels relevant to the current political debate: First, it indicates the potential for stabilization through payments between countries (so-called interregional stabilization). Second, the study estimates the so-called intertemporal stabilization potential. The distinction between the two stabilization channels is crucial for assessing the possible value added of different reform options.

Press release
EconPol policy report 10

Stock flow adjustments in sovereign debt dynamics: the role of fiscal frameworks

In our latest working paper, EconPol researcher António Afonso and his colleague João Tovar Jalles assess how stock flow adjustments (SFAs) affect the debt-to-GDP ratio in 65 countries. They find that SFAs positively contribute to the change in the debt-to-GDP ratio. Read more.
CEPS Ideas Lab 2019 – EconPol Lab
Convergence and stabilisation in the Eurozone
22.02.2019 | 9:15 - 10:30, The Egg, Rue Bara 175, 1070 Brussels

Joint ZEW-EconPol Lunch Debate
Reforming the Eurozone: How to Handle Sovereign Debt?
28.03.2019 | 12:00 - 14:00, Representation of the State of Baden-Württemberg to the European Union, Rue Belliard 60 - 62, 1000 Brussels

Venice Summer Institute 2019
Taxation in the Digital Economy: Theory and Evidence
03.06.2019 | 9:00 - 14:00, San Servolo, Venice, Italy
CEPII newsletter, January 2019
CEPS latest publications
CERGE-EI latest news
CPB latest publications
IHS publications hub
Instituto Universitario de Economía Universidad Carlos III de Madrid – latest news
KOF Bulletin, January 2019
REM - Research in Economics and Mathematics Newsletter, February 2019
TSE news
Universita di Trento news
University of Oxford (Centre for Business Taxation) news and insights
VATT news
ZEW newsletter, January 2019
EconPol Europe is a cross-border voice for research in Europe, providing research-based contributions aimed at promoting growth, prosperity and social cohesion in Europe and, in particular, the European and Monetary Union. Our mission is to contribute our research findings to help solve the pressing economic and fiscal policy issues facing the European Union, and to anchor more deeply the idea of a united Europe within member states.

Our joint interdisciplinary research covers:

    •    sustainable growth and best practice,
    •    reform of EU policies and the EU budget,
    •    capital markets and the regulation of the financial sector and
    •    governance and macroeconomic policy in the European Monetary Union.

If you would like further information about EconPol Europe, please contact Juliet Shaw at

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© EconPol Europe: European Network for Economic and Fiscal Policy Research – ifo Institute – Leibniz Institute for Economic Research at the University of Munich 2019.

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We place great importance on your privacy and would like to inform you of our updated privacy policy. We treat your information confidentially in accordance with the EU General Data Protection Regulation, which has been in effect since 25 May 2018.
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Published: ifo Institute for Economic Research at the University of Munich,
Poschingerstraße 5, 81679 Munich, Tel: +49 (89) 9224-0, Fax: +49 (89) 985369;
Editor: Juliet Shaw.

The reprint of excerpts from this newsletter is permitted only with written permission and provided that the source is acknowledged.