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Hysteresis and business cycles
Cerra, Valerie; Fatás, Antonio; Saxena, Sweta Chaman - 2020
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as 'hysteresis,' argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and...
Persistent link: https://www.econbiz.de/10012251398
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The Real Effects of Financial Sector Interventions During Crises
Valencia, Fabian - 2011
We collect new data to assess the importance of supply-side credit market frictions by studying the impact of financial sector recapitalization packages on the growth performance of firms in a large cross-section of 50 countries during the recent crisis. We develop an identification strategy...
Persistent link: https://www.econbiz.de/10014402209
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Preventing recession in Europe : national vs. European approaches
In: Intereconomics : review of European economic policy 44 (2009) 1, pp. 4-22
Policymakers in the EU member states are currently shaping rescue packages to prevent the financial crisis hitting their economies with unmitigated force. Each government is responding to the emerging problems with a country-specific set of measures. Given the global nature of the crisis, would...
Persistent link: https://www.econbiz.de/10009626666
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Preventing recession in Europe : national vs. European approaches
In: Intereconomics : review of European economic policy 44 (2009) 1, pp. 4-22
Persistent link: https://www.econbiz.de/10003803388
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The case against a common fiscal boost in Europe
Schmieding, Holger - In: Intereconomics : review of European economic policy 44 (2009) 1, pp. 4-9
Persistent link: https://www.econbiz.de/10003803389
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Fortschrittsbericht wirtschaftswissenschaftlicher Forschungsinstitute über die wirtschaftliche Entwicklung in Ostdeutschland ; [2.2003]
Dohse, Dirk; Laaser, Claus-Friedrich; Sichelschmidt, Henning - 2003
Persistent link: https://www.econbiz.de/10001818063
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Europe in the decade after the fall
Reinhart, Carmen M.; Reinhart, Vincent - In: Intereconomics : review of European economic policy 46 (2011) 6, pp. 308-311
Persistent link: https://www.econbiz.de/10009692250
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Europe in the decade after the fall
Reinhart, Carmen M.; Reinhart, Vincent - In: Intereconomics : review of European economic policy 46 (2011) 6, pp. 308-311
Persistent link: https://www.econbiz.de/10009384245
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Potential economic variables and actual economic policies in Europe
Klär, Erik - In: Intereconomics : review of European economic policy 48 (2013) 1, pp. 33-40
Persistent link: https://www.econbiz.de/10009703627
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Konjunktur für den Klimaschutz? : Klima- und Wachstumswirkungen weltweiter Konjunkturprogramme
Klepper, Gernot; Peterson, Sonja; Petrick, Sebastian; … - 2009
: Aufteilung der weltweiten Konjunkturprogramme (Prozent) USA; 35 China; 20 Japan; 15 Rest; 15 Europa; 15 Quelle: Scheuerle … (2009). Europa und Japan haben immerhin noch einen Anteil von 15 Prozent an den weltweiten Kon- junkturprogrammen. Es ist … einzuschlagen. Inspiriert durch den von US-Präsident Frank China: 20 Vereinigte Staaten: 35 Japan: 15 Europa: 15 Rest: 15 4 …
Persistent link: https://www.econbiz.de/10003839016