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(And Should) Germany Do It? Spillovers of German Fiscal Policies in the Euro Area -- 7 The labor market outcomes of …
Persistent link: https://www.econbiz.de/10012397755
Debt-to-GDP ratios have grown to unprecedented levels in many industrialized economies. This requires disciplined consolidation efforts which are, however, supposed to come now at the wrong time with the economic recovery being fragile. Against this background, we call for a global debt brake...
Persistent link: https://www.econbiz.de/10009522510
-- Chapter 4: Land Use Reforms: Towards Sustainable Development in China -- Chapter 5: Subnational Debt in China and Germany: a …
Persistent link: https://www.econbiz.de/10012398051
This paper connects two salient economic features: (i) Fiscal shocks have asymmetric effects across business cycle phases (Gechert et al., 2019); (ii) Okun's coefficient is time varying and may be unstable. The intertwined dynamic behavior of fiscal shocks and unemployment-output trade-offs are...
Persistent link: https://www.econbiz.de/10012054782
This book investigates the reasons for persistent public deficits and delayed fiscal reform in Japan, placing a special emphasis on political economy aspects. Japan is confronted with the need to pursue fiscal discipline for fiscal consolidation and implement structural reforms for reorganizing...
Persistent link: https://www.econbiz.de/10012401959
Despite the success of policymakers and the European Central Bank in calming down financial markets since the summer of 2012, European leaders are still facing formidable challenges in making the single currency work in a complex environment. This book starts with a review of the necessary...
Persistent link: https://www.econbiz.de/10013523001
This paper assesses the existence and the extent of austerity‐oriented policies in Germany in the aftermath of the 2008 … readjustment', we do not see austerity policies in Germany, rather a continuation of the path that was adopted earlier. This can be …
Persistent link: https://www.econbiz.de/10011333561
Die Autoren beschreiben in diesem Essential anhand von Beispielen Schwierigkeiten, die beim Sparen auftreten. Auf Basis der Systemtheorie des Soziologen N. Luhmann, die zu Grundzügen einer Soziologie des Sparens umgeformt wird, entstehen neue Einblicke, weil in Systemen (wie Wirtschaft oder...
Persistent link: https://www.econbiz.de/10014018039
Andreas Burth stellt einen Mechanismus vor, der die Themen Haushaltskonsolidierung und Doppik konzeptionell in einem … angeregte Möglichkeit der Haushaltskonsolidierung empirisch und unterzieht die Doppik quantitativen Analysen auf Basis von …? Depicting the benefits of the new municipal budgeting and accounting regime in Germany · Nutzen-Determinanten der kommunalen …
Persistent link: https://www.econbiz.de/10014020408
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....
Persistent link: https://www.econbiz.de/10011308548