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preliminary assessment of the effectiveness of such measures. The geographical focus of the paper is on the European Union (EU …, not only between the EU and the United States (e.g. with regard to the involvement of the central bank), but also within … the EU (e.g. asset relief schemes) …
Persistent link: https://www.econbiz.de/10012991088
Many of the EU accession countries have announced that they will not only try to enter the EU as quickly as possible … countries and for the EU core countries.Viele der EU-Beitrittsländer haben angekündigt, dass sie nicht nur der EU, sondern auch … Spillover-Kosten für die anderen Beitrittsländer und für die EU-Kernländer auftreten …
Persistent link: https://www.econbiz.de/10012991282
Persistent link: https://www.econbiz.de/10012991349
Persistent link: https://www.econbiz.de/10012991350
This paper describes recent trends on the effectiveness of stabilisers in the European Union. Using both macro evidence on the cyclical sensitivity of budget deficit to economic activity and micro evidence on the tax and expenditure profiles, we conclude, in agreement with the recent literature,...
Persistent link: https://www.econbiz.de/10013112386