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Fiscal divergence and current account imbalances in Europe

Schnabl, Gunther; Wollmershäuser, Timo - 2013

Since the breakdown of the Bretton Woods System diverging current account positions in Europe have prevailed. While the Southern and Western European countries have tended to run current account deficits, the current accounts of the Central and Northern European countries, in particular Germany,...

Persistent link: https://www.econbiz.de/10010291505

Macroeconomic stabilization policies in the EMU : spillovers, asymmetries, and institutions

Di Bartolomeo, Giovanni; Engwerda, Jacob; Plasmans, Joseph - 2005

game approach of the endogenous coalition formation literature. The specific policy recommendations in the EMU context …

Persistent link: https://www.econbiz.de/10010261121

Fiscal and monetary interaction : the role of asymmetries of the stability and growth pact in EMU

Governatori, Matteo; Eijffinger, Sylvester C. W. - 2004

policy, where the main features characterising the policy-making are similar to those in EMU. National governments choose the …

Persistent link: https://www.econbiz.de/10010272870

A quest between fiscal and market discipline

Agnello, Luca; Castro, Vítor; Sousa, Ricardo M. - In: Economic modelling 119 (2023), pp. 1-19

Persistent link: https://www.econbiz.de/10014249472

Has the EMU reduced wage growth and unemployment? Testing a model of trade union behaviour

Mikosch, Heiner; Sturm, Jan-Egbert - 2011

(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary …. Although we come up with some weak evidence for increased business cycle amplitudes within the EMU, we neither find a … significant general effect of the EMU on wage growth nor on unemployment. …

Persistent link: https://www.econbiz.de/10010274904

The interaction between monetary and fiscal policies in Turkey : an estimated New Keynesian DSGE model

Çebi, Cem - In: Economic modelling 29 (2012) 4, pp. 1258-1267

Persistent link: https://www.econbiz.de/10009667386

What do we really know about fiscal sustainability in the EU?: a panel data diagnostic

Afonso, António; Rault, Christophe - 2008

We assess the sustainability of public finances in the EU15 using stationarity and cointegration analysis. Specifically, we use panel unit root tests of the first and second generation allowing in some cases for structural breaks. We also apply modern panel cointegration techniques developed by...

Persistent link: https://www.econbiz.de/10010264310

Changes in behaviour under EMU

Mayes, David G.; Virén, Matti E. E. - In: Economic modelling 26 (2009) 4, pp. 751-759

Persistent link: https://www.econbiz.de/10003920752

Pushing the limit? : fiscal policy in the European Monetary Union

Daniel, Betty Carolyn; Shiamptanis, Christos - In: Journal of economic dynamics & control 37 (2013) 11, pp. 2307-2321

Persistent link: https://www.econbiz.de/10010196884

QUEST III : an estimated open-economy DSGE model of the euro area with fiscal and monetary policy

Ratto, Marco; Röger, Werner; Veld, Jan in 't - In: Economic modelling 26 (2009) 1, pp. 222-233

Persistent link: https://www.econbiz.de/10003817080

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