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Steering the unsteerable? : aggregate fiscal stance and spillover effects in the euro area

Freitag, Stephan; Stosberg, Jörg - In: Intereconomics : review of European economic policy 53 (2018) 1, pp. 41-46

The concept of aggregate euro area fiscal stance and the underlying assumption of significantly positive cross-country fiscal spillovers is a highly debated topic. The European Commission seems intent on using this concept as a basis for introducing top-down coordination of European fiscal...

Persistent link: https://www.econbiz.de/10011803665

A simple post-crisis EMU Phillips Curve : implications for monetary policy

Hennecke, Peter - In: Intereconomics : review of European economic policy 53 (2018) 6, pp. 333-336

The persistently low wage and price growth in the EMU after the Great Recession of 2009 led some economic observers to … EMU member states after the Great Recession to investigate whether these claims are corroborated by empirical evidence …. The results point to the conclusion that the Phillips Curve is alive and well in the EMU and centred at or only slightly …

Persistent link: https://www.econbiz.de/10011987417

Unravelling the roots of the EMU crisis : structural divides, uneven recoveries and possible ways out

Celi, Giuseppe; Guarascio, Dario; Simonazzi, Annamaria - In: Intereconomics : review of European economic policy 54 (2019) 1, pp. 23-30

The process of European integration can be described as the increasing interdependence between economies at different levels of development and with different productive capabilities. It evolved from a pre-eminently political project to a ‘de-politicised’ management based on the automatism...

Persistent link: https://www.econbiz.de/10011987558

Convergence and divergence in the EU : lessons from Italy

Eichengreen, Barry - In: Intereconomics : review of European economic policy 54 (2019) 1, pp. 31-34

The topic of the Intereconomics/CEPS conference for which this paper was written was framed as a question: convergence or divergence in the EU? I am prepared to give an unambiguous answer. That answer is yes.

Persistent link: https://www.econbiz.de/10011987560

Minimum wage regulations in selected European countries

Funk, Lothar; Lesch, Hagen - In: Intereconomics : review of European economic policy 41 (2006) 2, pp. 78-92

Persistent link: https://www.econbiz.de/10003309712

Market constellations and macroeconomic policymaking : institutional impacts on economic performance

Heise, Arne - In: Intereconomics : review of European economic policy 41 (2006) 5, pp. 272-281

Persistent link: https://www.econbiz.de/10003378246

Cutting wages and employment in the public sector : smarter fiscal consolidation strategies needed

Glassner, Vera; Watt, Andrew - In: Intereconomics : review of European economic policy 45 (2010) 4, pp. 212-219

Persistent link: https://www.econbiz.de/10003996099

Lisbon, Europe 2020, and the case for soft coordination in EU policymaking

Rosenbaum, Eckehard F. - In: Intereconomics : review of European economic policy 45 (2010) 5, pp. 287-292

Persistent link: https://www.econbiz.de/10008659828

Fiscal consolidation in Germany

Röger, Werner; Veld, Jan in 't; Vogel, Lukas - In: Intereconomics : review of European economic policy 45 (2010) 6, pp. 364-371

The German federal government's fiscal consolidation package, announced in June, is designed to permanently reduce the federal deficit to a new target level. This article uses a three-region version of the European Commission's QUEST model to gauge the impact of the package on Germany and the...

Persistent link: https://www.econbiz.de/10009663807

Lisbon, Europe 2020, and the case for soft coordination in EU policymaking

Rosenbaum, Eckehard F. - In: Intereconomics : review of European economic policy 45 (2010) 5, pp. 287-292

Positive spillovers from structural and other reforms figure among the key reasons for the Lisbon and the Europe 2020 Strategies. This paper investigates the theoretical and empirical evidence for such spillovers and shows that the need for coordination in some policy areas is less evident than...

Persistent link: https://www.econbiz.de/10009663822

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