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Meta-Analysis of the Impact of Fiscal Policies on Long-Run Growth
Nijkamp, Peter; Jacques Poot, Victoria - 2002
The issue of whether the public sector enhances or retards long-run economic growth has been debated passionately in recent years. In this paper we use meta-analysis to shed light on the issue. A sample of 93 published studies, yielding 123 meta-observations, is used to examine the robustness of...
Persistent link: https://www.econbiz.de/10010324745
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The Financial Trilemma
Schoenmaker, Dirk - 2011
The financial trilemma states that financial stability, financial integration and national financial policies are incompatible. Any two of the three objectives can be combined but not all three; one has to give. This paper develops a model to underpin the financial trilemma. Our findings for...
Persistent link: https://www.econbiz.de/10010326076
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Is the supply side all that counts?
Herzog-Stein, Alexander; Lindner, Fabian; Zwiener, Rudolf - 2013
Die Wirtschaftspolitik in Deutschland war im vergangenen Jahrzehnt stark angebotsseitig geprägt; die Nachfrageseite … stellt sich die Frage, wie erfolgreich diese einseitig angebotsorientierte Wirtschaftspolitik seit Ende der neunziger Jahre … nachgegangen und die gesamte angebots- als auch nachfrageseitige Wirtschaftspolitik der letzten zehn bis fünfzehn Jahre untersucht …
Persistent link: https://www.econbiz.de/10010460669
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Wirtschaftspolitische Herausforderungen 2014
Horn, Gustav A.; Herzog-Stein, Alexander; Rannenberg, Ansgar - 2014
Effectively ending the crisis in the euro area remains the key policy challenge in 2014. As monetary policy has exhausted its conventional options, fiscal policy is called upon to provide an expansionary impulse by raising public investment. The high level of risk premiums in the crisis-hit...
Persistent link: https://www.econbiz.de/10010460673