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provide our own estimates for the EU countries. A fiscal expansion raises output and consumption and reduces the trade balance … open EU economies, consistent with larger leakage effects. Further direct estimates suggest that fiscal expansions in large … EU economies have non-negligible consequences for economic activity in the main trading partners. This provides a …
Persistent link: https://www.econbiz.de/10003937804
Persistent link: https://www.econbiz.de/10003623944
It is widely argued that Europe's unified monetary policy calls for the international coordination at the fiscal level. We survey the issues involved with such coordination of fiscal policy as a demand management tool and we use a simple model to investigate the circumstances under which...
Persistent link: https://www.econbiz.de/10011400878
While the EU recovery plan provides a useful step in alleviating the economic effects of the coronavirus crisis and …. Such a EU-wide stabilization function would be in accordance with the subsidiarity principle, enshrined in the Treaty of …
Persistent link: https://www.econbiz.de/10012382236
Based on a conjoint survey experiment we explore the support among European citizens for a European Union (EU … designed, there is quite substantial support for such an EU instrument generally and across the sample countries. Support is …
Persistent link: https://www.econbiz.de/10012258505
In this paper we confront the role the EU traditionally plays in the domain of health with the urgent need for …’ attitudes towards centralizing at the EU level of policies to combat infectious diseases, which indicates considerable support …
Persistent link: https://www.econbiz.de/10012200320