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Restoring Europe's Prosperity: Macroeconomic Papers from the Centre for European Policy Studies


  • Olivier Jean Blanchard


  • Rudiger Dornbusch
  • Richard Layard

    (London School of Economics)


Restoring Europe's Prosperity is the first annual produced by the Centre for European Policy Studies (CEPS), an independent research institution which focuses on the major medium- and long-term issues facing the European community and Western Europe both internally and internationally. The most important economic problems of past years have concerned unemployment, economic growth, fiscal deficits, and the value of the US dollar. It is clear that past and present economic policies have not effectively addressed these problems. This CEPS annual selects the best work of the Centre's Macroeconomic Policy Group; a rotating group of distinguished economists who are studying macroeconomic conditions and trends, the implications of the economic policies being pursued, and possible alternative policies.

Suggested Citation

  • Olivier Jean Blanchard & Rudiger Dornbusch & Richard Layard (ed.), 1986. "Restoring Europe's Prosperity: Macroeconomic Papers from the Centre for European Policy Studies," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262523949, January.
  • Handle: RePEc:mtp:titles:0262523949

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    References listed on IDEAS

    1. Alberto Alesina & Enrico Spolaore, 1997. "On the Number and Size of Nations," The Quarterly Journal of Economics, Oxford University Press, vol. 112(4), pages 1027-1056.
    2. Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth through Creative Destruction," Econometrica, Econometric Society, vol. 60(2), pages 323-351, March.
    3. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, Oxford University Press, vol. 106(2), pages 407-443.
    4. Barro, Robert J. & Lee, Jong-Wha, 1993. "International comparisons of educational attainment," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 363-394, December.
    5. Kenneth J. Arrow, 1962. "The Economic Implications of Learning by Doing," Review of Economic Studies, Oxford University Press, vol. 29(3), pages 155-173.
    6. Alesina, Alberto & Summers, Lawrence H, 1993. "Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 25(2), pages 151-162, May.
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    Cited by:

    1. repec:iab:iabmit:v:25:i:3:p:221-231 is not listed on IDEAS
    2. S. Erbaş & Chera Sayers, 2001. "Can a Shorter Workweek Induce Higher Employment? Mandatory Reductions in the Workweek and Employment Subsidies," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 8(4), pages 485-509, August.
    3. D'Acunto Salvatore, 2003. "Efficienza microeconomica versus efficienza "sistemica"? Note in margine al Libro Bianco del Ministero del Lavoro," Stato e mercato, Società editrice il Mulino, issue 2, pages 287-312.
    4. Gunther Tichy, 1987. "Reagans Reformen und ihre Wirkung auf Europa," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 13(1), pages 109-122.
    5. George A. Akerlof & Andrew K. Rose & Janet L. Yellen & Helga Hessenius, 1991. "East Germany in from the Cold: The Economic Aftermath of Currency Union," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(1), pages 1-106.

    More about this item


    Europe; macroeconomics; policy; unemployment; economic growth; fiscal deficits;

    JEL classification:

    • A3 - General Economics and Teaching - - Multisubject Collective Works
    • E0 - Macroeconomics and Monetary Economics - - General


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