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Financial Sector Pro-Cyclicality : Lessons from the Crisis

Panetta, Fabio; Angelini, Paolo; Albertazzi, Ugo; … - 2011

We analyze the main forces affecting financial system pro-cyclicality (the fact that developments in the financial sector can amplify business cycle fluctuations). We first review some major structural developments in financial markets that may influence pro-cyclicality and that have been...

Persistent link: https://www.econbiz.de/10014203653

Implications of the Crisis for Public Finances : The Case of Austria

Reiss, Lukas - 2012

in the case of Austria (Gaggl and Janger, 2009) – and by sharply driving up public deficit and debt ratios.This study … highlights the implications these developments are likely to have for fiscal and structural policymaking in Austria. Section 1 …

Persistent link: https://www.econbiz.de/10013112382

Short-Term Macroeconomic Effects of the Fiscal Stimulus Measures in Austria

Kaniovski, Serguei - 2012

Like most industrialized countries and many developing countries, Austria has taken measures to stabilise financial …

Persistent link: https://www.econbiz.de/10013112394