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Reforming economic governance in the Eurozone: Shifting spending instead of expanding debt margins

Fuest, Clemens - 2022

of the Eurozone, including the rules for public debt. The project was postponed by the outbreak of the corona pandemic …

Persistent link: https://www.econbiz.de/10014311414

Portugal's GDP, a note on the 2020 unknowns

Afonso, António - 2020

We provide a simple exercise for the real growth rate of GDP in 2020 in Portugal, with three alternative scenarios: pessimistic, baseline, and optimistic, with the range for real growth between -5.8% and -3.9%. Of particular relevance is private consumption and investment, with households...

Persistent link: https://www.econbiz.de/10012237657

The role of income support systems as income stabilizers in times of crisis

Dolls, Mathias; Lay, Max - 2023

This Policy Brief examines how minimum income support (MIS) schemes contribute to the stabilization of disposable incomes in times of crisis in Europe. MIS systems act as a "safety net of last resort" in many European welfare states, but to varying degrees. The results from the simulation of...

Persistent link: https://www.econbiz.de/10014311423

The search for the right European financing instruments in the Corona pandemic: ESM liquidity assistance versus Corona bonds

Heinemann, Friedrich - 2020

Europe, ZEW). The challenge we face is to contain the spread of COVID-19 while stabilising the economy and ensuring eurozone … insolvencies among eurozone nations, and the difficult question of who finally bears the burden of unsustainable debts. …

Persistent link: https://www.econbiz.de/10012237660

Complex Europe: Quantifying the cost of disintegration

Felbermayr, Gabriel; Gröschl, Jasmin Katrin; Heiland, Inga - 2023

joined the Eurozone. This will not only mean a new currency and the elimination of border controls - allowing thus free …. The Schengen Agreement and the Eurozone are part of the engine of European integration, namely the reduction of trading … European Customs Union, the European Single Market, the Eurozone, the removal of customs barriers in the Schengen area and the …

Persistent link: https://www.econbiz.de/10014311419

How fast must vaccination campaigns proceed in order to beat rising Covid-19 infection numbers?

Gros, Claudius; Gros, Daniel - 2021

We derive an analytic expression describing how health costs and death counts of the Covid-19 pandemic change over time as vaccination proceeds. Meanwhile, the disease may continue to spread exponentially unless checked by Non Pharmacological Interventions (NPI). The key factors are that the...

Persistent link: https://www.econbiz.de/10012504544