Edin Mujagic
Edin Mujagic is a monetary economist at Tilburg University.
Edin Mujagic is a monetary economist at Tilburg University.
At the end of November, the credit-rating agency Standard & Poor’s stripped the Netherlands of its coveted triple-A status. This should raise serious concerns for the most important eurozone member of… read more
Since 2008, advanced countries' central banks have broken a decades-old commandment: Thou shalt not engage in monetary financing of government spending. While many of these banks have never been truly… read more
Given low economic growth and the unpopularity of tax hikes and spending cuts, many Western governments are seeking alternative solutions to rein in rising national debt. But many of the policies that… read more
Economists almost everywhere are debating potential solutions to the euro crisis, while failing to account for one crucial element of any resolution: the German Constitutional Court. But, given that n… read more
Choosing a short-term boost to economic growth and employment, rather than enforcing price stability, wrecked the world economy in the 1970’s and 1980’s. The outcome may not be much different this tim… read more
During the crisis, the ECB has had an outstanding president in the person of Jean-Claude Trichet. But his non-renewable term will end in October 2011, and the euro’s member countries are already barga… read more
The current decade will be remembered as the decade of public debt, and, in some countries or regions, maybe even the decade of permanent fiscal derailment. But it would be naïve to believe that the f… read more
The introduction of the euro in 1999, it was claimed, would narrow the economic differences between the member countries of the monetary union. After the common currency’s first decade, however, incre… read more
When the euro was introduced in 1999, European countries agreed that fiscal discipline was essential for its stability. While the common currency has benefited all countries that have adopted it – not… read more
