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The Daily Telegraph:
Europe is incubating an even bigger debt crisis by letting deflation take root

3 April 2014

Professor Luis Garicano, from the London School of Economics, said the economic models used to predict inflation seem to be breaking down, leading to serial misjudgments. ''They need to take very serious action,'' he told the Financial Times.

This article was published in The Daily Telegraph 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... The Daily Telegraph