but for most this implies much longer-term risks of inflation (indirect default) if action is not taken to cap or reduce long-term entitlement commitments.
more explicit fiscal and political union within the euro zone are worked out. This process has now begun in a classic process of crisis-led reform.
- Note that the euro zone GDP-weighted average score is similar to the UK score. Moreover, all countries in our sample – no matter what their debt level would be perfectly creditworthy if primary budget surpluses were the norm.
Naturally, our conclusions rely on many subjective judgements. The framework is available in spreadsheet form on request, allowing readers to put in their own country scores and category weightings.
Starting on: Friday 9th of February, 2018. Posted by: MoneyScience.
The Society for Experimental Finance (SEF) is pleased to announce a regional Asia-Pacific meeting in Brisbane QLD, Australia, on February 9 & 10 2018. The meeting follows a conference of the Economic Science Association (ESA) in the same location and will start with a dinner on Friday (9 February) and a full day of sessions on Saturday (10 February). The keynote speaker will be Professor Elena Asparouhova from the Eccles School of Business, University of Utah.