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The euro area, like many other advanced economies, has entered an era of drastic demographic change. Without … appropriate policy responses, population ageing in the euro area is posing formidable challenges for potential growth, monetary … population ageing in the euro area and looks at the main challenges ahead in the next decades. Total population in the euro area …
Persistent link: https://www.econbiz.de/10013286706
This paper assesses the potential economic impact of Next Generation EU (NGEU), focusing on the euro area. Its findings … pandemic-induced crisis and longer-term modernisation of the euro area economy through their digital and green transitions …, fiscal stimulus and risk premium. Overall, NGEU may increase gross domestic product (GDP) in the euro area by up to 1.5% by …
Persistent link: https://www.econbiz.de/10013188827
This paper studies the short-term and long-term consequences of the COVID-19 pandemic for productivity in Europe. Aggregate and sectoral evidence is complemented by firm-level data-based findings obtained from a large microdistributed exercise. Productivity trends during the COVID-19 pandemic...
Persistent link: https://www.econbiz.de/10014480010