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De Grauwe, Paul; Gros, Daniel - 2009

The ECB has been arguing in the past that since there is no trade-off between price stability and financial stability, the pursuit of price stability is the best a central bank can do to also maintain financial stability. We argue that there is a potential trade-off between price stability and...

Persistent link: https://www.econbiz.de/10003888991

How to deal with the treat of sovereign default in Europe : towards a Euro(pean) Monetary Fund

Gros, Daniel; Mayer, Thomas - In: Intereconomics : review of European economic policy 45 (2010) 2, pp. 64-68

Persistent link: https://www.econbiz.de/10003953059

Transatlantic differences in real estate bubbles?

Gros, Daniel - In: Intereconomics : review of European economic policy 43 (2008) 2, pp. 66-67

Persistent link: https://www.econbiz.de/10003681093

Automatic stabilizers and economic crisis : US vs. Europe

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2009

income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are … absorbed in the EU, compared to 34 per cent in the US. This cushioning of disposable income leads to a demand stabilization of … 26 to 35 per cent in the EU and 19 per cent in the US. There is large heterogeneity within the EU. Automatic stabilizers …

Persistent link: https://www.econbiz.de/10003922975