The current issue of the National Institute Economic Review focuses on policy responses to the collapse of the financial sector, and was published on Wednesday, 3rd February 2010.
7TH EUROFRAME Conference on Economic Policy Issues in the European Union
After the crisis: Exit strategies for EU economies in a globalised world Friday, 11 June 2010, Amsterdam
The EUROFRAME group of research institutes (CASE, CPB, DIW, ESRI, ETLA, IfW, NIESR, OFCE, PROMETEIA, WIFO) will hold its seventh annual Conference on Economic Policy Issues in the
European Union. The aim of the conference is to provide a forum for debate on economic policy issues relevant in the European context.
The submission deadline is approaching: Friday, 12 March 2010
The national debt stock of the UK is rising sharply as a result of the economic crisis, and equilibrium output is falling, with the capital stock contracting.
Both problems could be alleviated by the rapid introduction (but slow implementation) of a policy to extend working lives. The paper analyses a delayed extension of working
lives in the UK. A distinction is drawn between the impacts of these changes on output (GDP) and income (GNP) in open economies with capital mobility. Increasing working lives
will in equilibrium raise consumption and tax revenues and reduce pension spending. These gains by the government can be used to improve services, cut taxes or pay off debts.
The current issue of the National Institute Economic Review focuses on policy responses to the collapse of the financial sector, and was published on Wednesday, 3rd February 2010.
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