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The role of Japanese local governments in stabilisation policy

Pascha, Werner; Robaschik, Frank - 2001

Local governments in Japan account for about 80 per cent of general government spending when excluding social security expenditures. Therefore, for the implementation of fiscal policy it is important how local governments will behave. On the basis of the economic theories on fiscal federalism it...

Persistent link: https://www.econbiz.de/10010512340

Institutional change and the uses and limits of path dependency : the case of German finance

Deeg, Richard Edward - 2001

How can we determine when an existing institutional path or trajectory is ending and being replaced with a new one? How does such a process take place? How can we distinguish between institutional innovation within an existing trajectory and a switchover to a new trajectory or path? This paper...

Persistent link: https://www.econbiz.de/10008811083

Crisis and control : institutional change in financial market regulation

Mayntz, Renate (ed.) - 2012

In reaction to the international financial crisis of 2007, a network of social scientists from seven countries analyzed the various changes in the regulation of financial markets, and this book presents their results. The articles published herein show patterns of institutional change that were...

Persistent link: https://www.econbiz.de/10011750487

Macroeconomic policies after the 2008 financial crisis : lessons from Brazilian and Chinese experiences

Moreira, Julia de Furquim Werneck; Libânio, Gilberto … - 2018

Persistent link: https://www.econbiz.de/10011963620

Revisiting the Latvian and Greek financial crises : the benefits of front-loading Fiscal adjustment

Åslund, Anders - 2015

This paper discusses why Greece has done so poorly in comparison with all other European Union countries since the onslaught of the global financial crisis in 2008. To show what was wrong with its fiscal adjustment, this paper compares Greece with the other European Union country that was hit be...

Persistent link: https://www.econbiz.de/10010530650

Macroeconomic policy redressal for financial stability

Rao, D. Tripati - In: Economics, management and financial markets 9 (2014) 1, pp. 101-111

Persistent link: https://www.econbiz.de/10011543684

Keynesian and Austrian perspectives on crisis, shock adjustment, exchange rate regime and (long-term) growth

Maurel, Mathilde; Schnabl, Gunther - 2011

The 2010 European debt crisis has revived the discussion concerning the optimum adjustment strategy in the face of asymmetric shocks. Whereas Mundell's (1961) seminal theory on optimum currency areas suggests depreciation in the face of crisis, the most recent emergence of competitive...

Persistent link: https://www.econbiz.de/10009012327

Studies on issues in political economy since the Global Financial Crisis

Jäger, Kai - 2016

Die Dissertation behandelt in vier Kapiteln Themen zu den Ursprüngen und Auswirkungen der globalen Finanzkrise 2007 …-8. Nach der Einleitung untersucht Kapitel 2, warum autoritäre Regime im Vergleich zu Demokratien vor und nach der Finanzkrise … Regierungsideologie in Zeiten von Globalisierung und Austeritätsprogrammen noch eine Rolle in der Wirtschaftspolitik spielt. Basierend auf …

Persistent link: https://www.econbiz.de/10011742243

Weathering the financial crisis : good policy or good luck?

Cecchetti, Stephen G.; King, Michael R.; Yetman, James - 2011

The macroeconomic performance of individual countries varied markedly during the 2007-09 global financial crisis. While China's growth never dipped below 6% and Australia's worst quarter was no growth, the economies of Japan, Mexico and the United Kingdom suffered annualised GDP contractions of...

Persistent link: https://www.econbiz.de/10009271982

In the wake of the crisis : leading economists reassess economic policy

Blanchard, Olivier; Romer, David - 2012

Persistent link: https://www.econbiz.de/10014396966

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