Schnabl, Gunther; Wollmershäuser, Timo - Volkswirtschaftliche Fakultät, … - 2013
fiscal policy stances for current account imbalances in Europe since the early 1970s under alternative institutional monetary … impact of fiscal policy divergence on current account imbalances, which to a large extent is independent from the exchange …Since the breakdown of the Bretton Woods System diverging current account positions in Europe have prevailed. While the …