TOPICS : Fiscal policy
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WORKING PAPERS
The distinction between Keynesians and Monetarists makes no sense...
April 2023 AbstractThe secular decline in real interest rates has invoked a fierce debate on macro policy over the pastdecade. The distinction between Keynesianism and Monetarism is no longer useful. It makes moresense to distinguish between those who hold that the decline in interest rates is due to shifts in [..]
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OTHER PUBLICATIONS
Secular Stagnation, Demography or technology?
Presentation Inet Secural Stagnation Conference, New York, December 15, [..]
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OTHER PUBLICATIONS
Structural reform in the EU
Lecture course for DG-Ecfin EU, Brussels on November 13 and December 1, 2017 Lecture 1 Lecture [..]
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WORKING PAPERS
Secular Stagnation, Rational Bubbles, and Fiscal Policy
Teulings C.N., Secular Stagnation, Rational Bubbles, and Fiscal Policy, working paper version September 30, 2016 In the debate on Secular Stagnation, usually interpreted as the steady decline in the real interest rate since 1990, people have worried about the risk of bubbles blowing up. Bubbles have a negative [..]
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PUBLICATIONS
Are bubbles Bad?
Teulings C.N, Are Bubbles Bad? Is a higher debt target for the Euro-zone desirable? Paper for the CES Ifo Conference in Venice, March [..]
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OTHER PUBLICATIONS
Secular stagnation, deflation & fiscal policy
Presentation Bruegel-Kobe conference 'Secular Stagnation in Europe and Japan', Brussels, October 5, [..]
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PUBLICATIONS
Unemployment and house price crises: Lessons for fiscal policy...
Teulings C.N., Unemployment and house price crisis: Lessons for fiscal policy from the Dutch recession, IZA Journal of European Labor Studies.2014, [..]
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BOOKS
Secular Stagnation: Facts, Causes and cures
Baldwin R., C.N. Teulings: Secular Stagnation: Facts, causes and cures, e-Book. E-Book Review Stephen Williamson, August 19, 2014 Review New York Times, August 15, [..]
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PUBLICATIONS
Is economic recovery a myth?
Teulings, C.N. & N. Zubanov (2013), Is Economic Recovery a Myth? Robust Estimation of Impulse Responses, Journal of Applied [..]
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OTHER PUBLICATIONS
Why politicians prefer austerity to long-term fiscal reform
Teulings, C.M. (2012), Why politicians prefer austerity to long-term fiscal reform, McKinsey, [..]
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OTHER PUBLICATIONS
Fiscal consulation and reforms Substitutes, not complements
Teulings, C.N. (2012), Fiscal consulation and reforms Substitutes, not complements, [..]
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OTHER PUBLICATIONS
The potential of a small model
Elbourne, A. & C.N. Teulings (2011), The potential of a small model, CPB Discussion Paper 193, CPB Netherlands Bureau for Economic Policy [..]
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PUBLICATIONS
Labour supply, the natural rate, and the welfare state...
Broersma, L., J. Koeman & C.N. Teulings (2000), Labour supply, the natural rate, and the welfare state in the Netherlands: the wrong institutions at the wrong point in time, Oxford Economic Papers, vol. 52(1), p. [..]