Horn, Gustav; Lindner, Fabian; Niechoj, Torsten; Sturn, … - 2011
Despite the current economic recovery it is much too early for economic policy-makers to return to business as usual … accordingly. The narrow national focus of economic policy has to be abandoned and replaced by a European perspective. This implies … that, in addition to stimulating monetary policy of the ECB, the fiscal policy stance in Germany needs to remain …