Campiglio, Luigi Pierfranco - Dipartimenti e Istituti di Scienze Economiche, … - 2015
consumption and inflation thresholds are estimated; and e) Germany successfully passed through the European recession by sharply …We specify a VEC model based on six main macroeconomic imbalances to explain the Great European Recession, in Germany …, France, Spain and Italy, from 1999 to 2013, estimating their long-term relationships. We focus on employment and unemployment …