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EPICENTER

July 18, 2018
Published by EPICENTER on July 18, 2018
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Vestager Vs Google

The European Commission decision in the Google Android case illustrates the difference in approach to antitrust issues between the US and EU. It also illustrates that antitrust regulators are yet to understand the fundamental economic drivers of the new media economy, and technology in general.
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July 1, 2018
Published by EPICENTER on July 1, 2018
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The Impact of the Energy Taxation Directive

Instead of comprehensive re-examination of the Energy Taxation Directive, the European Commission is examining whether ETD should continue the exemptions and lower tariffs for specific products.
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June 22, 2018
Published by EPICENTER on June 22, 2018
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Labour Migration and Employment Flexibility

Economic migrants rarely displace local labour force. Immigrants are more likely to complement existing labour force creating opportunities for growth and bringing needed skills. Foreign workers reduce imbalances in local economies by filling in the demand for workers that a local economy cannot provide or by taking up jobs that local workers do want to pursue.
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May 11, 2018
Published by EPICENTER on May 11, 2018
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Doing More With Less: the Future of the Common Agricultural Policy Post-2020

On May 2 the European Commission released a Communication that outlined the Union’s overall budgetary plan for the 2021 – 2027 Multiannual Financial Framework (MFF), which included the proposal of a 5% funding cut to the Common Agricultural Policy.
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February 16, 2018
Published by EPICENTER on February 16, 2018
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Financial Stability Without Central Banks

A ‘free’ banking system without a central bank provides incentives for banks to act with restraint. Their lending policies are, in effect, tied to each other. If one over-reaches, it will be pulled back as others present notes to and demand reserves from the bank that is lending recklessly.
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February 12, 2018
Published by EPICENTER on February 12, 2018
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Which is a Better Bet: Bitcoin or the Dollar?

Keeping your funds in cash is generally viewed as much safer than holding them in stocks. This is because, on any given day, the value of the US and UK capital stock – as measured by the NYSE and FTSE indices – can easily fluctuate by one or two percentage points either way.
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January 24, 2018
Published by EPICENTER on January 24, 2018
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How to Develop Secondary Markets for Non-performing Loans?

The ECB seeks to increase trading in non-performing loans by reducing the pricing gap between prospective investors and banks. For this to happen, there need to be structural reforms aimed at reducing recovery times, as well as better access to information about loans and debtors. Only when the price offered by investors is in line with the price demanded by banks will we see more activity in distressed debt markets.
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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).