Burriel Llombart, Pablo; Checherita-Westphal, Cristina; … - 2020
burden in the future. Going forward, reforms at national level, together with currently planned reforms at the EU level, need … with regimes of high public debt through DSGE model simulations. The large public debt build-up following the 2009 global … financial and economic crisis acted as a shock absorber for output, while in the recent and more severe COVID19-crisis, an …