Dalle 11,00 alle 17,30
Dove: Luiss, School of European Political Economy
Viale Romania 32
AISSEC - Italian Association for the Study of Comparative Economics
Luiss, School of European Political Economy
Workshop: Well-being and growth across Europe
Rome, September 30, 2016, Luiss, Viale Romania 32 (h 11.00–17.30)
Europe’s future is increasingly in danger. After financial crisis and Great Recession, material conditionshave been worsening, well-being is declining, and mistrust among peoples are aggravating. Moreover, the democratic deficit, which has been affecting the European Union since its inception, is transforming in an even worse problem, that is the fading-out of the hope that the integration process could deliver a better standard of life for European citizens. The possible outlook is an increasing support for populist movements, even more so after the inadequate management of the migration question. The backward countries of the Eurozone areparticularly hit, as the austerity has not delivered a significant recovery in GDP growth. Life satisfaction perceived by larger shares of the population is diminishing,as an effect ofunemployment and lower wagesfurther worsening the trend of income inequality. To restore mutual trust and hope in the future, steps towards “further integration” should be mostly oriented to improve living conditions. The European Union is in urgent need ofmore comprehensive policy reforms. The creation of a “fiscal space” at the national level should be devoted to boost aggregate demand by resuming income redistribution to the poor and the young. The construction of a Fiscal Union could start from a common fund for unemployment transfers, aimed to smooth-out after negative shocks asymmetries in business cyclesacross countries, which disproportionally penalizes GDP growth recovery in the EZ Periphery.
Programme
11.00-11.45: Jean Paul Fitoussi (Luiss and SEP), Macroeconomic Governance and Well-being in the European Union
11.45-12.30: Conchita D’Ambrosio (Luxembourg University), Cognitive and non-cognitive consequences of mother's economic vulnerability
12.30-13.15: Andrew Clark (Paris School of Economics), Happiness,Income and Poverty
Lunch
14.30-15.15: Maurizio Franzini (Sapienza University of Rome) and Mario Pianta (University of Urbino), Economic and social drivers of rising inequality in Europe
15.15-16.00: Andrea Brandolini (Bank of Italy), A scheme of unemployment insurance for the European Union
16.00-16.45: Francesco Farina (University of Siena) and GianlucaGrimalda (Kiel Institute for the World Economy), Preferences for redistribution and Welfare State models
16.45-17.30: Enrico Giovannini (University of Rome Tor Vergata), Well-being and labour market reforms
