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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

What have we learned? : macroeconomic policy after the crisis

Akerlof, George A. (ed.); Blanchard, Olivier (ed.); … - 2014

Since 2008, economic policymakers and researchers have occupied a brave new economic world. Previous consensuses have been upended, former assumptions have been cast into doubt, and new approaches have yet to stand the test of time. Policymakers have been forced to improvise and researchers to...

Persistent link: https://www.econbiz.de/10014407751

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

What have we learned? : Macroeconomic policy after the crisis

Akerlof, George A. (ed.); Blanchard, Olivier (contributor); … - 2014

Persistent link: https://www.econbiz.de/10010364145

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

Structural transformation, deep downturns, and government policy

Stiglitz, Joseph E. - 2017

Persistent link: https://www.econbiz.de/10011990298

The proper role of government in the market economy : the case of the post-COVID recovery

Stiglitz, Joseph E. - In: Journal of government and economics : JGE 1 (2021), pp. 1-7

The long-lasting, widespread COVID-19 pandemic has imposed huge challenges on public health as well as economic recovery. Governments must take an active role in designing and enforcing economic policies to address various problems that pure market forces cannot, such as externalities and the...

Persistent link: https://www.econbiz.de/10012803178

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

Demystifying a 'shining example' : German public finances under the debt break

Eicker-Wolf, Kai; Truger, Achim - 2014

German fiscal policy is nowadays often presented as a shining example due to successful budget consolidation after the Great Recession. However, the idea that the German success is the result of a well-thought-out economic strategy that could therefore serve as a role model for other countries...

Persistent link: https://www.econbiz.de/10010348931

Austerity, cyclical adjustment and the remaining leeway for expansionary fiscal policies in the Euro area

Truger, Achim - 2014

Fiscal policy in the Euro area is still dominated by austerity measures implemented under the institutional setting of the 'reformed' stability and growth pact, and the even stricter 'fiscal compact'. At the same time, calls for a more expansionary fiscal policy to overcome the economic crisis...

Persistent link: https://www.econbiz.de/10010424293