Showing 1 - 10 of 17
With the spectre of a recession looming in the eurozone (and elsewhere), the policy question arises as to how much leeway do the fiscal authorities in the eurozone have to follow counter-cyclical fiscal policies aimed at providing some stimulus to the economy.
Persistent link: https://www.econbiz.de/10012124569
Persistent link: https://www.econbiz.de/10003953085
Persistent link: https://www.econbiz.de/10009310310
Persistent link: https://www.econbiz.de/10009659537
Persistent link: https://www.econbiz.de/10009663812
Persistent link: https://www.econbiz.de/10008759395
Persistent link: https://www.econbiz.de/10003761029
Inflation is on the rise again in the industrialised world. This has led to fears of a sustained surge in inflation. This article argues that while such fears may make sense in the US, they do not in the eurozone, where the monetary-fiscal policy mix has been much less expansionary than in the...
Persistent link: https://www.econbiz.de/10012621383
Persistent link: https://www.econbiz.de/10010220215
Sooner or later, the ECB must accept that monetary financing in support of deficit spending is a necessity not just for mitigating the coronavirus crisis, but also for averting a downward deflationary cycle that could pull the eurozone apart.
Persistent link: https://www.econbiz.de/10012241347