Author: Philip Lane

Hourly Labour Costs Across the EU

This new Eurostat release shows the distribution of labour cost dynamics during 2009 for many EU countries (Ireland not included due to data availability issues).

Inflation-Indexed Bonds

This FT story reports that Ireland may issues inflation-indexed bonds.  I have advocated such a move in  this paper;  an interesting dimension is whether such bonds would be indexed to euro area inflation or domestic inflation.

Ireland’s Stability Programme: The European Commission’s Opinion

On St Patrick’s Day, the European Commission issued its opinion on Ireland’s multi-year fiscal plan: you can download it here.

My Fiscal Nightmares

As suggested by one of the readers,  this is an interesting article on UK fiscal policy by the well-known development economist Paul Collier: you can read it here.

A Frugal Policy is the Better Solution

Jeffrey Sachs joins forces with George Osborne to make the case for a frugal fiscal policy in this FT article.