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of as much as 5 percent of GDP for as long as 10 years in order to maintain debt sustainability and bring their debt …
Persistent link: https://www.econbiz.de/10013050287
of as much as 5 percent of GDP for as long as 10 years in order to maintain debt sustainability and bring their debt …
Persistent link: https://www.econbiz.de/10012458350
supranational monetary union. Finally, I develop policy recommendations for the ongoing debate in the Eurozone. …
Persistent link: https://www.econbiz.de/10011499402
structural imbalances of the eurozone is of vital importance. …
Persistent link: https://www.econbiz.de/10011481630
restructuring of any foreign eurozone country. Debt will not be forgiven: individual states will agree to buy it back from the ECB …
Persistent link: https://www.econbiz.de/10010432271
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Economic theory has recently begun to consider the economic impact of narratives. Narrative economics can also be extended to the analysis of the economic-political effect of narratives in the context of the European core-periphery divide, which intensified after the European sovereign-debt...
Persistent link: https://www.econbiz.de/10014433720
sufficient fiscal buffers during normal and good times. It has also reaffirmed the need for a thorough debt sustainability … narrative shock scenarios; (ii) a stochastic DSA, providing for a probabilistic approach to debt sustainability; and (iii) other … summarised in a heat map, which can provide guidance on the overall assessment of risks to debt sustainability. This method …
Persistent link: https://www.econbiz.de/10011634439
an unrealistig level to achieve debt sustainability soley on the basis of reforms.The authors therefore view a …
Persistent link: https://www.econbiz.de/10011290031
Persistent link: https://www.econbiz.de/10011290036