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Monetary policy, macroeconomic policy mix and economic performance in the Euro area
Hein, Eckhard; Truger, Achim - 2006
In order to explain slow growth and high unemployment in the Euro area, in particular if compared to the USA, we follow a macroeconomic policy view focussing on the more restrictive stance of monetary, fiscal and wage policies in the Euro area. In the present paper we focus on the particular...
Persistent link: https://www.econbiz.de/10003744533
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Fiscal policy and macroeconomic performance in the Euro area : lessons for the future
Hein, Eckhard; Truger, Achim - 2006
Seit dem Begin der Europäischen Währungsunion (EWU) steht die Finanzpolitik in den Staaten des Euroraums ganz im … der Finanzpolitik für den Zeitraum von 2001 bis 2005 im Euroraum und seinen einzelnen Mitgliedsstaaten und vergleicht sie … mit denen der Finanzpolitik in den USA. Während die US-Finanzpolitik aktiv anti-zyklisch dem Abschwung entgegengewirkt hat …
Persistent link: https://www.econbiz.de/10003744534
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Austerity, cyclical adjustment and the remaining leeway for expansionary fiscal policies in the Euro area
Truger, Achim - 2014
Fiscal policy in the Euro area is still dominated by austerity measures implemented under the institutional setting of the 'reformed' stability and growth pact, and the even stricter 'fiscal compact'. At the same time, calls for a more expansionary fiscal policy to overcome the economic crisis...
Persistent link: https://www.econbiz.de/10010424293
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The golden rule of public investment : a necessary and sufficient reform of the EU fiscal framework?
Truger, Achim - 2016
Dass die Fiskalpolitik innerhalb der europäischen Wirtschaftspolitik einer Aufwertung bedarf, ist angesichts der … Finanzpolitik insgesamt größere Spielräume einräumen und die öffentlichen Investitionen als besonders wachstumsrelevante öffentliche …
Persistent link: https://www.econbiz.de/10011477456
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Fiscal policy and macroeconomic performance in the Euro Area : lessons for the future
Hein, Eckhard; Truger, Achim - In: Euroland and the world economy : global player or …, (pp. 154-183). 2007
Persistent link: https://www.econbiz.de/10003602797
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The European financial and economic crisis : alternative solutions from a (post-) Keynesian perspective
Hein, Eckhard; Truger, Achim; Treeck, Till van - 2011
The financial and economic crisis in the Euro area has revealed a number of important flaws in the economic policy framework in Europe. On the one hand, the imbalances, which have dominated European development since the introduction of the euro, are not sustainable; and this is more serious in a...
Persistent link: https://www.econbiz.de/10009530390
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Macroeconomic policies, wage developments, and Germany's stagnation : [Paper presented at the conference: Germany's Economic Performance: From Unification to Euroisation, Anglo-Ger...
Hein, Eckhard; Truger, Achim - 2005
, einer zu restriktiven und teilweise prozyklischen Finanzpolitik sowie einer übermäßig zurückhaltenden Lohnpolitik in …
Persistent link: https://www.econbiz.de/10003744520