Compositional effects on productivity, labour cost and export adjustments

Zsolt Darvas at Bruegel has a new paper on this topic – available here.

Fostering Growth in Europe Now

Bergljot Barkbu, Jesmin Rahman and Rodrigo Valdés provide some policy recommendations in this new IMF SDN here.

European Banking Union

The FT Analysis page is devoted to the topic of European Banking Union today – read it here.

See also op-ed by Larry Summers on the euro crisis.

Seminars, Today and Tomorrow

Two interesting events at the ESRI:

ESRI Seminar: “Macro-Prudential Policy and Credit: the Right Question but the Wrong Answer”
Speaker: Ray Barrell (Brunel)
Venue: The ESRI, Whitaker Square, Sir John Rogerson’s Quay, Dublin 2
Date: 18/06/2012
Time: 4 pm

Joint ESRI/IIIS TCD Lecture “Globalisation, Growth Strategies and the Financial Crisis”
Speaker: Arvind Virmani
Venue: The ESRI, Whitaker Square, Sir John Rogerson’s Quay, Dublin 2
Date: 19/06/2012
Time: 4 pm

Germany, Greece and the Marshall Plan

Albert Ritschl has written a very informative response to the NYT op-ed by Hans-Werner Sinn in this Free Exchange post.  (See also Karl’s post here.)

A while back (in pre-crisis days), Tim Guinnane wrote a nice paper on the 1953 London Debt Agreement – available here.