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exchange rate peg to the euro has served Denmark well. Fiscal policy turned slightly supportive in 2014 after a substantial …
Persistent link: https://www.econbiz.de/10014411753
This Selected Issues paper examines the household debt situation in Denmark and factors that have contributed to the …
Persistent link: https://www.econbiz.de/10014411754
The global financial crisis hit Denmark hard, and the recovery has been slow and unsteady. Denmark’s slow growth … maintaining a tight peg to the euro. Denmark’s financial system has rebuilt capital but still has substantial vulnerabilities …
Persistent link: https://www.econbiz.de/10014395414
Denmark’s public expenditure as a share of GDP is the highest in the OECD. The main difference between Denmark and the … median OECD country is the larger amount of social protection expenditure. The public health expenditure of Denmark is the …, education, and research, Denmark’s expenditure on public investment is now low. The composition of Denmark’s expenditures is …
Persistent link: https://www.econbiz.de/10014395415
This Selected Issues paper analyzes wage and inflation dynamics in Denmark. High profit margins contributed to growth … will likely pick up. Nominal wage growth in Denmark has so far been modest and outpaced by high inflation, putting real … forward and the eventual impact on inflation. The analysis suggests that wage formation in Denmark has historically been …
Persistent link: https://www.econbiz.de/10015059310
activity is set to soften in the first half of 2023, followed by a gradual recovery. Denmark's recovery from the pandemic was …
Persistent link: https://www.econbiz.de/10015059311
Persistent link: https://www.econbiz.de/10015060357
The strength of the economic recovery bodes well for the rebound in activity to persist, but uncertainty remains high due to the war in Ukraine and the pandemic, with risks tilted to the downside. With employment above pre-pandemic levels, however, labor market pressures have increased. High...
Persistent link: https://www.econbiz.de/10015060358
The COVID-19 pandemic has caused dramatic loss of human life and major damage to the European economy, but thanks to an exceptionally strong policy response, potentially devastating outcomes have been avoided
Persistent link: https://www.econbiz.de/10014408885
This paper discusses Greece's Fifth Review Under the Extended Arrangement Under the Extended Fund Facility (EFF), and Request for Waiver of Nonobservance of Performance Criterion and Rephasing of Access. Greece has gone from having the weakest to the strongest cyclically adjusted fiscal position...
Persistent link: https://www.econbiz.de/10014409463