TY - RPRT

T1 - Testing the Speed Limit for Europe

T2 - 3rd Report of the CEPS Macroeconomic Policy Group

AU - Gros, Daniel

AU - Jimeno, Juan

AU - Monticelli, Carlo

AU - Tabellini, Guido

AU - Thygesen, Niels

N1 - JEL Classification: E63

PY - 2001

Y1 - 2001

N2 - While America has pushed the pedal to the metal and with alarming speed has accelerated its productivity growth, it would seem that Europe on the other hand is experiencing a lack of progress in its labour markets and a deceleration in labour productivity. In this third annual report by the CEPS Macroeconomic Policy Group (MPG), distinguished economists from across Europe consider the state of the European economy, particularly with respect to three main issues: 1) Has the ‘new economy' arrived in Europe? 2) What is the state of European labour markets? And 3) Was the ECB's policy stance appropriate and does it have a sensible strategy that can be communicated clearly to the markets?

AB - While America has pushed the pedal to the metal and with alarming speed has accelerated its productivity growth, it would seem that Europe on the other hand is experiencing a lack of progress in its labour markets and a deceleration in labour productivity. In this third annual report by the CEPS Macroeconomic Policy Group (MPG), distinguished economists from across Europe consider the state of the European economy, particularly with respect to three main issues: 1) Has the ‘new economy' arrived in Europe? 2) What is the state of European labour markets? And 3) Was the ECB's policy stance appropriate and does it have a sensible strategy that can be communicated clearly to the markets?

M3 - Report

SN - 9290793260

BT - Testing the Speed Limit for Europe

PB - Centre for European Policy Studies

ER -