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The political economy under monetary union: has the euro made a difference?
Fratzscher, Marcel; Stracca, Livio - 2008
Economic and Monetary Union (EMU) has transformed Europe and has created an integrated pan-European economy. Much … political economy channel of EMU as the monetary union implies that member states had to transfer or at least curtail their … impact of political shocks on the domestic economy of member states but magnified the transmission of political shocks within …
Persistent link: https://www.econbiz.de/10003794175
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The negative impact of disintegration on trade : the case of Brexit
Lucio Fernández, Juan de; Mínguez, Raúl; Minondo, Asier - In: European economic review : EER 163 (2024), pp. 1-19
Persistent link: https://www.econbiz.de/10015076098
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Child poverty in Britain : past lessons and future prospects
Dickens, Richard - In: National Institute economic review 218 (2011), pp. 7-19
Persistent link: https://www.econbiz.de/10009379504
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To react or not? : technology shocks, fiscal policy and welfare in the EU-3
Malley, James R.; Philippopulos, Apostolēs; Woitek, Ulrich - In: European economic review : EER 53 (2009) 6, pp. 689-714
Persistent link: https://www.econbiz.de/10003882535
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Fiscal developments and financial stress : a threshold VAR analysis
Afonso, António; Baxa, Jaromír; Slavík, Michal - 2011
We use a threshold VAR analysis to study whether the effects of fiscal policy on economic activity differ depending on financial market conditions. In particular, we investigate the possibility of a non-linear propagation of fiscal developments according to different financial market stress...
Persistent link: https://www.econbiz.de/10008935826
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The macroeconomic effects of fiscal policy
Afonso, António; Sousa, Ricardo M. - 2009
We investigate the macroeconomic effects of fiscal policy using a Bayesian Structural Vector Autoregression approach. We build on a recursive identification scheme, but we: (i) include the feedback from government debt (ii); look at the impact on the composition of output; (iii) assess the...
Persistent link: https://www.econbiz.de/10003826480
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Strategic monetary and fiscal policy interactions : an empirical investigation
Fragetta, Matteo; Kirsanova, Tatiana - In: European economic review : EER 54 (2010) 7, pp. 855-879
Persistent link: https://www.econbiz.de/10008936671
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The unintended consequence of English Votes for English Laws
Armstrong, Angus; Ebell, Monique C. - In: National Institute economic review (2015) 233, pp. 37-44
Persistent link: https://www.econbiz.de/10011477047
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Estimating the effects of fiscal policy in OECD countries
Perotti, Roberto (contributor) - 2002
Persistent link: https://www.econbiz.de/10001702818
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Macroeconomic stabilisation and monetary policy effectiveness in a low-interest-rate environment
Coenen, Günter; Montes-Galdón, Carlos; Schmidt, Sebastian - 2021
The secular decline in the equilibrium real interest rate observed over the past decades has materially limited the room for policy-rate reductions in recessions, and has led to a marked increase in the incidence of episodes where policy rates are likely to be at, or near, the effective lower...
Persistent link: https://www.econbiz.de/10012594057