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Excess Savings Are Recession-Specific and Compensatory: Evidence From the US
Voinea, Liviu; Loungani, Prakash - In: Intereconomics 57 (2022) 4, pp. 233-237
There is a consensus among academics and policymakers that the excess savings built up by households during the past … savings generally increase during recessions; the pandemic is different only by the magnitude of these savings, but not by … their sign. Moreover, it suggests that these excess savings are rather compensatory than precautionary, as households save …
Persistent link: https://www.econbiz.de/10013343199
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Do the COVID-19 Crisis, Ageing and Climate Change Put Swiss Fiscal Sustainability at Risk?
Brändle, Thomas; Bruchez, Pierre-Alain; Colombier, Carsten - In: Intereconomics 57 (2022) 1, pp. 48-55
The ongoing coronavirus pandemic crisis as well as demographic and climate change pose major challenges for public finances. This article deals with the implications of demographic trends in Switzerland, i.e. the progressive ageing of the population and its impact on the country's public...
Persistent link: https://www.econbiz.de/10013343169
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The 2023 France Pension Reform
Boulhol, Hervé; Queisser, Monika - In: Intereconomics 58 (2023) 3, pp. 130-131
Persistent link: https://www.econbiz.de/10014334695
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Tomorrow at work: The age of shortages
Ernst, Ekkehard; Feist, Lisa - In: Intereconomics 59 (2024) 3, pp. 125-131
This paper examines the effect of the anti-ESG regulations approved in 18 states from 2021 to 2023. Focusing on the fuel energy sector, we find that the regulatory intervention leads to 0.8 % to 3.5 % cumulative abnormal stock returns (CARs) around the regulation approval dates. The market...
Persistent link: https://www.econbiz.de/10015047861
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How Large Is the Risk of Stagflation in the Eurozone?
Demary, Markus; Hüther, Michael - In: Intereconomics 57 (2022) 1, pp. 34-39
The rapid recovery of demand combined with supply constraints has led to rising prices during the past months. This is evident in oil and gas markets, but also in international trade, which has been thrown out of step by bottlenecks at Asian ports. This situation creates a trade-off for the...
Persistent link: https://www.econbiz.de/10013343167
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How Should Europe Think About Economic Security?
Tagliapietra, Simone; Trasi, Cecilia - In: Intereconomics 59 (2024) 2, pp. 88-91
Persistent link: https://www.econbiz.de/10014546003
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The Spatial Evolution of a European Hydrogen Economy
Wolf, André - In: Intereconomics 58 (2023) 2, pp. 111-118
Green hydrogen has outgrown the testing stage: over the next few years, consortia across Europe will be investing large … sums to build the supply chains of tomorrow. However, Europe as a whole will only be successful if it aligns the …
Persistent link: https://www.econbiz.de/10014334692
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Developing European Safe Assets
Janse, Kalin Anev - In: Intereconomics 58 (2023) 6, pp. 315-319
Persistent link: https://www.econbiz.de/10014459444
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Is the EU Fit for 55 and Beyond?
Rusche, Christian; Schaefer, Thilo - In: Intereconomics 59 (2024) 2, pp. 77-82
Persistent link: https://www.econbiz.de/10014545974
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Investing in European Public Goods While Maintaining Fiscal Discipline at Home
Bakker, Age; Beetsma, Roel; Buti, Marco - In: Intereconomics 59 (2024) 2, pp. 98-103
Putting the high public debt ratios on a downward path after the surge during the pandemic and allocating sufficient resources to deliver on the green and digital transition will be among the priorities confronting the EU institutions emerging from the June 2024 European elections. After a long...
Persistent link: https://www.econbiz.de/10014546008