Spahn, Heinz-Peter - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 73 (2004) 3, pp. 429-444
While single elements of the European economic policy design are well founded, and have developed with some politico-economic logic from the history of stabilization policy, a coherent "concept" of monetary and fiscal policy is lacking. There is no agent who is responsible for demand...