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Financial Times:
Spain looks to the ECB to help it escape deflation trap

3 April 2014

''I think they [the ECB] need to take very serious action'', says Luis Garicano, a professor of economics at the London School of Economics. ''The thing is that inflation has been consistently surprising us on the downside. We are in a territory where the models and analysis used by policy makers don't seem to be working. And that is very worrying.''

This article was published in the Financial Times on April 3, 2014
Link to article here

Related publications
El dilema de Espana, Luis Garicano. Book published in January 2014.
Details.

Related links
Luis Garicano webpage
Productivity and Innovation Programme webpage

Read more... Financial Times