Economics without Borders Economic Research for European Policy Challenges

If treated as a single economy, the European Union is the largest in the world, with an estimated GDP of over 14 trillion euros. Despite its size, European economic policy has often lagged behind the rest of the world in its ability to generate growth and innovation. Much of the European economic research itself often trails behind that of the USA, which sets much of the agenda in mainstream economics. This book, also available as open access, bridges the gap between economic research and policymaking by presenting overviews of twelve key areas for future economic policy and research. Written for the economists and policymakers working within European institutions, it uses comprehensive surveys by Europe's leading scholars in economics and European policy to demonstrate how economic research can contribute to good policy decisions, and vice versa, demonstrating how economics research can be motivated and made relevant by hot policy questions. This title is available as Open Access on Cambridge Core.

Introduction Richard Blundell, Estelle Cantillon, Barbara Chizzolini, Marc Ivaldi, Wolfgang Leininger, Ramon Marimon, Laszlo Matyas and Frode Steen; 1. Innovation and growth: the Schumpeterian perspective Philippe Aghion and Ufuk Akcigit; 2. European Union dual labour markets: consequences and potential reforms Juan J. Dolado; 3. Population, migration, ageing and health: a survey Christian Dustmann, Giovanni Facchini and Cora Signorotto; 4. Education systems: assignment, admissions, accountability, autonomy Simon Burgess; 5. Competition and regulation in markets for goods and services: a survey with emphasis on digital markets Nikolaos Vettas; 6. Winners and losers of globalisation: sixteen challenges for measurement and theory Cecília Hornok and Miklós Koren; 7. Economic approaches to energy, environment and sustainability Paul Ekins, Paul Drummond and Jim Watson; 8. Regional disparities and efficient transport policies Stef Proost and Jacques-François Thisse; 9. Skilled cities and efficient urban transport Stef Proost and Jacques-François Thisse; 10. Fiscal and monetary policies after the crises Charles Brendon and Giancarlo Corsetti; 11. Financial regulation in Europe: foundations and challenges Thorsten Beck, Elena Carletti and Itay Goldstein; 12. Inequality and welfare: is Europe special? Alain Trannoy; 13. Developments in data for economic research Roberto Barcellan, Peter Bøegh Nielsen, Caterina Calsamiglia, Colin Camerer, Estelle Cantillon, Bruno Crépon, Bram De Rock, Liran Einav, László Halpern, Arie Kapteyn, Asim I. Khwaja, Georg Kirchsteiger, Vigdis Kvalheim, Julia Lane, Markus Mobius, Luke Sibieta, Joseph Tracy, Frederic Udina, Gugliemo Weber and Lisa Wright; 14. Big data in economics: evolution or revolution? Christine De Mol, Eric Gautier, Domenico Giannone, Sendhil Mullainathan, Lucrezia Reichlin, Herman van Dijk and Jeffrey Wooldridge.

Laszlo Matyas is an economist and econometrician who has authored and co-authored several high impact publications in the field of panel data. Currently he is a University Professor at the Central European University, Budapest. He worked as Senior Lecturer at Monash University, Victoria, was the founding Director of the Institute for Economic Analysis, Budapest, and also served as Provost and Pro-Rector of Central European University. This is the ninth book he has edited or co-authored over the last two decades.
Richard Blundell is the David Ricardo Professor of Economics at University College London. Since 1986 he has also been Research Director of the Institute for Fiscal Studies (IFS). He has held visiting professor positions at the University of British Columbia, Massachusetts Institute of Technology, and the University of California, Berkeley. He holds Honorary Doctorates from Universität St Gallen, Switzerland, the Norwegian School of Economics, and Universität Mannheim, Germany. He was knighted in the 2014 Queen's New Year's Honours for services to economics and social science. His research covers the empirical analysis of consumer, savings and labour supply behaviour. He has developed new microeconometric tools for the analysis of individual decisions.
Estelle Cantillon is FNRS senior research associate at the European Center for Advanced Research in Economics and Statistics (ECARES), Université Libre de Bruxelles, and research fellow at the Centre for Economic and Policy Research, London. Her research lies at the boundary between market design and industrial organization and typically combines theory and data. She is an Associate Editor at the Rand Journal of Economics and sits on the Economics Council of OXERA, the advisory board of WZB Berlin, and the Executive Committee of Rethinking Belgium. She co-founded the European-wide research network 'Matching in Practice', whose goal is to foster developments at the interface between theory, empirics, exp