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Jump-starting the euro area recovery : would a rise in core fiscal spending help the periphery?
Blanchard, Olivier; Erceg, Christopher J.; Lindé, Jesper - 2015
Persistent link: https://www.econbiz.de/10011332924
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Monetary developments and expansionary fiscal consolidations : evidence from the EMU
Afonso, António; Martins, Luís - 2014
Persistent link: https://www.econbiz.de/10011554870
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Interactions between monetary policy and fiscal policy
Afonso, António; Balhote, Raquel - 2014
Persistent link: https://www.econbiz.de/10011554951
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The negative mean output gap
Aiyar, Shekhar; Voigts, Simon - 2019
We argue that in an economy with downward nominal wage rigidity, the output gap is negative on average. Because it is …
Persistent link: https://www.econbiz.de/10012103632
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How informative are real time output gap estimates in Europe?
Kangur, Alvar; Kirabaeva, Koralai; Natal, Jean-Marc; … - 2019
of the economy's potential capacity. We also find, in line with earlier literature, that real-time output gaps are not …
Persistent link: https://www.econbiz.de/10012103755
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Trade-related effects of Brexit : implications for Central and Eastern Europe
Hagemejer, Jan; Dunin-Wąsowicz, Maria; Michałek, Jan Jakub - 2021
Persistent link: https://www.econbiz.de/10012795212
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The monetary transmission mechanism in the Euro Area : has it changed with the EMU? : a VAR approach, with fiscal policy and financial stress considerations
Afonso, António; Silva, António Jorge - 2014
Persistent link: https://www.econbiz.de/10011554780
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Monitoring the climate impact of fiscal policy : lessons from tracking the COVID-19 response
Eltokhy, Khaled; Funke, Katja; Huang, Guohua; Kim, Yujin; … - 2021
In the wake of the COVID-19 crisis, governments around the world announced unprecedented fiscal packages to address the economic impact of the crisis. The unusually large scale of the packages was accompanied by widespread calls for "greening" them to meet the dual goals of economic recovery and...
Persistent link: https://www.econbiz.de/10012796277
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Crunch time : fiscal crises and the role of monetary policy
Greenlaw, David; Hamilton, James D.; Hooper, Peter; … - 2013
Persistent link: https://www.econbiz.de/10009788187
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Optimal monetary and fiscal policy in a currency union
Galí, Jordi; Monacelli, Tommaso - 2005
Persistent link: https://www.econbiz.de/10003236303