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The failure of macroeconomics in America
Stiglitz, Joseph E. - In: China & world economy 19 (2011) 5, pp. 17-30
Persistent link: https://www.econbiz.de/10009376609
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Austerity in the euro area : the sad state of economic policy in Germany and the EU
Truger, Achim - In: European journal of economics and economic policies : … 10 (2013) 2, pp. 158-174
Persistent link: https://www.econbiz.de/10010199535
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Monetary policy, macroeconomic policy mix and economic performance in the Euro area
Hein, Eckhard; Truger, Achim - 2006
In order to explain slow growth and high unemployment in the Euro area, in particular if compared to the USA, we follow a macroeconomic policy view focussing on the more restrictive stance of monetary, fiscal and wage policies in the Euro area. In the present paper we focus on the particular...
Persistent link: https://www.econbiz.de/10003744533
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Fiscal policy and macroeconomic performance in the Euro area : lessons for the future
Hein, Eckhard; Truger, Achim - 2006
Seit dem Begin der Europäischen Währungsunion (EWU) steht die Finanzpolitik in den Staaten des Euroraums ganz im … der Finanzpolitik für den Zeitraum von 2001 bis 2005 im Euroraum und seinen einzelnen Mitgliedsstaaten und vergleicht sie … mit denen der Finanzpolitik in den USA. Während die US-Finanzpolitik aktiv anti-zyklisch dem Abschwung entgegengewirkt hat …
Persistent link: https://www.econbiz.de/10003744534
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A comprehensive approach to the euro-area debt crisis
Darvas, Zsolt M.; Pisani-Ferry, Jean; Sapir, André - 2011
The euro area's sovereign debt crisis continues though significant steps have been taken to resolve it. This paper proposes a comprehensive solution to the crisis based on three pillars: a plan to restore banking sector soundness in the whole euro area, a resolution of sovereign debt crisis...
Persistent link: https://www.econbiz.de/10008904677
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A comprehensive approach to the euro-area debt crisis : background calculations
Darvas, Zsolt M.; Gouardo, Christophe; Pisani-Ferry, Jean; … - 2011
Persistent link: https://www.econbiz.de/10008907698
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From convoy to parting ways? : post-crisis divergence between European and US macroeconomic policies
Pisani-Ferry, Jean; Posen, Adam Simon - 2011
The response in 2008-09 to the global financial crisis was in many ways a high water mark for transatlantic policy coordination. The major economies of the EU and the US rapidly agreed on a series of measures to limit the crisis. However, the common approach has since unraveled. This paper...
Persistent link: https://www.econbiz.de/10008907705
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Euro-area governance : what went wrong? ; how to repair it?
Pisani-Ferry, Jean - 2010
Persistent link: https://www.econbiz.de/10008652211
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Austerity in the Euro area : the sad state of economic policy in Germany and the EU
Truger, Achim - 2013
The Euro area is currently going through its worst period of recession and economic stagnation since the Great Depression and World War II. The article tries to give an impression of the extraordinary degree of fiscal austerity and the devastating economic effects it has already had and must be...
Persistent link: https://www.econbiz.de/10009756285
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What have we learned? : Macroeconomic policy after the crisis
Akerlof, George A. (ed.); Blanchard, Olivier (contributor);  … - 2014
Persistent link: https://www.econbiz.de/10010364145