Press releases

Robotization has significantly lower productivity effects than previously assumed and may cause falling wages, according to a new study from EconPol Europe. The study also rejects previous research findings that the technology causes skill-biased technological change and instead finds the opposite to be true.

International experts surveyed by EconPol Europe expect the election of Joe Biden to boost economic growth in their countries. The survey of 843 experts from 107 countries reveals they expect the Democratic candidate’s win to add 1.16 percentage points on average to growth in 2021.

A change in US monetary policy could impact global exchange rates

“Sacrificing lives does not save the economy” is the stark conclusion of a new policy report from EconPol Europe. The report, which provides an overview of the number of cases, death toll, economic disruption and measures taken to combat Covid-19, concludes that short of an effective vaccine, no single measure is enough to stop the pandemic.

Increases in tax rates result in falling public spending efficiency, according to new research from EconPol Europe. This negative effect was found to be more significant for increases in personal income tax and value added tax. In times of economic expansion, increasing the corporate income tax base and reducing personal income tax rates were found to have a positive impact on public sector efficiency.