Bibow, Jörg - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 73 (2004) 3, pp. 445-459
On the basis of both economic theory as well as experience gained so far, this papers calls for a U-turn in macro policy-making in the euro zone. It advises that macro policies should be refocused on growth rather than thriftiness, which may be achieved through committing fiscal and monetary...