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Mario Baldassarri and Francesco Busato evaluate the impact produced by a new cycle of structural reforms over European Union economies. The structural reforms concern the size and the composition of government expenditure, the good and services markets, and the labour market. The book...
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started from a shared view of how the economy works. This shared neo-classical view is also known as the 'Brussels …
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In this paper we analyse the effects of all sources of the accumulation of nonfinancial debt (household, corporate as well as government) on economic growth in ten euro-area countries during the 1980-2015 period. To this end, we make use of three models (a baseline, an asymmetric and a threshold...
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economy, international economics, and economic policy. Philip Arestis is Professor of Economics at the University of Cambridge …
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