Showing 1 - 10 of 15
In Reaktion auf die Finanzkrise hat das Eurosystem seine Geldpolitik massiv gelockert. So hat die Europäische … budgets in several countries of the euro area. This has led to large liquidity flows into Germany. This situation is expected … to continue for some time to come. With huge amounts of excess liquidity already accumulated in the German banking sector …
Persistent link: https://www.econbiz.de/10010343472
Persistent link: https://www.econbiz.de/10000652702
Das reale Bruttoinlandsprodukt nahm in den neunziger Jahren in Deutschland je Jahr um etwa einen halben Prozentpunkt weniger zu als in den übrigen Ländern der Europäischen Währungsunion im Durchschnitt. Ein Teil der ?Wachstumslücke? kann durch Unterschiede der Staatsausgaben in Relation zum...
Persistent link: https://www.econbiz.de/10010488635
Persistent link: https://www.econbiz.de/10010408479
, Freie Berufe, Einzelhandel, Investitionserleichterungs- und Wohnbaulandgesetz sowie Arbeitsmarkt. Ausmaß und Ergebnisse der …
Persistent link: https://www.econbiz.de/10013263816
Persistent link: https://www.econbiz.de/10009558427
Persistent link: https://www.econbiz.de/10009559835
Persistent link: https://www.econbiz.de/10001354746
In this paper, we employ a calibrated two-country version of the New Area-Wide Model (NAWM) currently under development at the European Central Bank to examine the potential benefits and spillovers of reducing labour-market distortions caused by euro area tax structures. Our analysis shows that...
Persistent link: https://www.econbiz.de/10005344892
How much did fiscal policy contribute to euro area real GDP growth during the Great Recession? We estimate that discretionary fiscal measures have increased annualized quarterly real GDP growth during the crisis by up to 1.6 percentage points. We obtain our result by using an extended version of...
Persistent link: https://www.econbiz.de/10010541257