As might be expected of leading economists interested in European policy matters, both Jean Pisani-Ferry and Philippe Martin have written on VoxEU about the Eurozone’s troubles and growth. We start with the Eurozone.
Eurozone contributions
Jean Pisani-Ferry, one of Emmanuel Macron’s key economic advisors, wrote about “How to fix the Eurozone” in chapters in two VoxEU.org eBooks, one published in 2016 and another in 2010:
- How to fix Europe’s monetary union: Views of leading economists, edited by Richard Baldwin and Francesco Giavazzi
- Completing the Eurozone rescue: What more needs to be done, edited by Richard Baldwin, Daniel Gros and Luc Laeven.
He expanded his analysis in a Vox column last year:
- "The Eurozone’s Zeno paradox – and how to solve it", 10 April 2016.
As is true with many European economists, the basic analysis hasn’t changed much; the problems have been in evidence since the very founding of the single currency. Here is an example of his analysis from 2010:
- "Eurozone governance: What went wrong and how to repair it", 17 June 2010.
Philippe Martin contributed a column on the causes of the Eurozone Crisis and one on ECB monetary policy (both in 2014):
- "What caused the Eurozone’s Crisis?", 11 November 2014 (with Thomas Philippon)
- "Why looser ECB policy would make a stronger economy", 6 February 2014 (with Agnès Bénassy-Quéré, Pierre-Olivier Gourinchas and Guillaume Plantin)
How to fix Europe’s growth problems
When it come growth, both economists have made contributions that show how they are likely to think about growth when advising Emmanuel Macron (should he become president).
Philippe Martin's contribution was to:
- Growth in Mature Economies: The First CEPR-Modena Conference, edited by Lucrezia Reichlin and Ferdinando Giugliano.
Jean Pisani-Ferry's contribution was a Vox column in 2014:
- "Green policies to promote Eurozone growth", 7 November 2014.