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Economic Policy

Published on behalf of the Centre for Economic Policy Research (CEPR), the Center for Economic Studies of the University of Munich, and the Paris School of Economics (PSE) in collaboration with the Maison des Sciences de l'Homme. Published in association with the European Economic Association.

Edited by:
Tullio Jappelli, Philip Lane, Philippe Martin and Jan van Ours


ISI Journal Citation Reports® Ranking: 2008: 14/209 Economics
Impact Factor: 2.25


Economic Policy is celebrating 20 years at the forefront of economic policy debate. Over the two decades since its inception, Economic Policy has published some of the most cited studies anywhere in the world - on financial crises, deregulation, unions, the euro and other pressing international topics. Economic Policy features:

  • Analysis of key issues as they emerge
  • Views of top international economists
  • Frontier thinking without technical jargon
  • Wide-reaching coverage of worldwide policy debate

TopNews and Announcements

Economic Policy book series
Each issue of Economic Policy is available to buy as a book. For more information, click here.

Special Economic Policy US meeting on global imbalances and aid
Click here to watch interviews with Jeffrey Frankel on the Renminbi and global imbalances; Paul Krugman on financial markets and global imbalances; Philip Lane on Europe and global imbalances, and William Easterley on the effectiveness of foreign aid. Read the papers online

Economic Policy 20 Years
Economic Policy celebrated its 20th anniversary in 2006. To mark the occasion we are pleased to offer you free access to 4 specially commissioned retrospectives on the role that theory and evidence has played in shaping policy during the journal's lifetime.

European Unemployment - The Evolution of Facts and Ideas Olivier Blanchard
Olivier Blanchard's paper deals with European unemployment problems and solutions, painting a very clear but suitably nuanced picture of the bright and darker portions of our understanding of labour market problems' causes and solutions...

EMU: The Dark Sides of a Major Success Charles Wyplosz
This paper by Charles Wyplosz - one of the founding Managing Editors of Economic Policy- revisits and evaluates six years of experience with the euro. He examines the debates and controversies surrounding the new currency, with a particular eye to the impact of economic theory on events. He focuses on three key issues: the famous Maastricht convergence criteria, the Stability and Growth Pact, and the European Central Bank's monetary policy strategy...

The International Monetary System in the Last and Next 20 years Barry Eichengreen and Raul Razo-Garcia
The international monetary system is a policy topic that continues to throw up unexpected and unexplained challenges to policy-makers as it has evolved dramatically over the past two decades. After a string of failed monetary arrangements, Europe set up a successful exchange rate stabilization system in the late 1970s - the European Monetary System - or at least so it was viewed before the exchange rate crisis of the mid-1990s...

Antitrust Policy: the Influence of Economics Damien Neven
In the last of the four papers specially commissioned for the 20th anniversary of Economic Policy, Damien J. Neven seeks to assess the influence that economic analysis has had on competition policy in the European Union over the last twenty years. Economists are increasingly used as experts in antitrust cases: the annual turnover of the main economic consultancy firms has increased by a factor of 20 since the early 1990s and currently exceeds £20 million...
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Download the lead article from the most recent issues absolutely free:

2010
ISSUE 61: Free Download
The governance and performance of universities: evidence from Europe and the US
Philippe Aghion, Mathias Dewatripont, Caroline Hoxby, Andreu Mas-Colell, André Sapir

2009
ISSUE 60: Free Download
Oil and the Euro area economy
Gert Peersman, Ine Van Robays

ISSUE 59: Free Download
Beyond Eurosclerosis
Tito Boeri, Pietro Garibaldi

ISSUE 58: Free Download
What drives spreads in the euro area government bond market?
Simone Manganelli, Guido Wolswijk

ISSUE 57: Free Download
The euro and the competitiveness of European firms
Gianmarco I.P. Ottaviano, Daria Taglioni, Filippo di Mauro

TopHighlights

Foreign direct investment and the dark side of decentralization
Sebastian G. Kessing, Kai A. Konrad, Christos Kotsogiannis

European unemployment: the evolution of facts and ideas
Olivier Blanchard

European Monetary Union: the dark sides of a major success
Charles Wyplosz

Competition economics and antitrust in Europe
Damien J. Neven

Regulation, productivity and growth: OECD evidence
Giuseppe Nicoletti, Stefano Scarpetta

TopEndorsements

Controversial, decisive, informative, one step ahead.
Rudiger Dornbusch, Massachusetts Institute of Technology

'One of the best sources of European policy analysis -- Economic Policy can be relied on to be interesting, relevant, and thoroughly professional.'
Stanley Fischer, IMF

'Over the years, the journal has built a reputation as an accessible, relevant and respected input into the European economic policy debate. The young and superb new team of Managing Editors can only strenghthen this reputation.'
Jean Tirole, Institut d'Economie Industrielle, Toulouse

'EP is a convincing response to those who claim that economics has little to offer the real world.'
Mervyn King, Governor, Bank of England

'Economic Policy has clearly established itself as an excellent source for timely, accessible and relevant economic analysis of high quality.'
Jacob A. Frenkel, American International Group