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Stagnation policy in the Eurozone and economic policy alternatives : a Steindlian/neo-Kaleckian perspective
Hein, Eckhard - 2017
Eurozone can be seen as a version of what Steindl (1979) had called 'stagnation policy'. To underline this argument, I will …Empirically, the macroeconomic institutions and the macroeconomic policy approach in the Eurozone have failed badly … provide a simple Steindlian distribution and growth model in order to identi-fy the main channels through which stagnation …
Persistent link: https://www.econbiz.de/10011919735
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Stagnation policy in the Eurozone and economic policy alternatives: A Steindlian/neo-Kaleckian perspective
Hein, Eckhard - 2017
Eurozone can be seen as a version of what Steindl (1979) had called 'stagnation policy'. To underline this argument, I will …Empirically, the macroeconomic institutions and the macroeconomic policy approach in the Eurozone have failed badly … provide a simple Steindlian distribution and growth model in order to identi-fy the main channels through which stagnation …
Persistent link: https://www.econbiz.de/10011891333
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Opportunities and limits of rebalancing the Eurozone via wage policies : theoretical considerations and empirical illustrations for the case of Germany
Hein, Eckhard; Truger, Eckhard Achim - 2017
In this paper we discuss the relationship between the current account rebalancing in the Eu-rozone, income distribution … wage policies could be able to contribute to a more balanced development of the Eurozone and to overcome the export …
Persistent link: https://www.econbiz.de/10011924464
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Opportunities and Limits of Rebalancing the Eurozone via Wage Policies : Theoretical Considerations and Empirical Illustrations for the Case of Germany
Hein, Eckhard - 2018
In this paper, we discuss the relationship between the current account rebalancing in the Eurozone, income distribution … wage policies could be able to contribute to a more balanced development of the Eurozone and to overcome the export …
Persistent link: https://www.econbiz.de/10012930613
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Opportunities and limits of rebalancing the Eurozone via wage policies: Theoretical considerations and empirical illustrations for the case of Germany
Hein, Eckhard; Truger, Eckhard Achim - 2017
In this paper we discuss the relationship between the current account rebalancing in the Eu-rozone, income distribution … wage policies could be able to contribute to a more balanced development of the Eurozone and to overcome the export …
Persistent link: https://www.econbiz.de/10011891334
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Financialisation and demand and growth regimes: A review of post-Keynesian contributions
Hein, Eckhard; van Treeck, Till - 2024
We review post-Keynesian assessments of the macroeconomic demand and growth impacts of financialisation. First, we examine the channels of influence of financialisation on distribution and on the different components of private aggregate demand, i.e. investment, consumption and net exports....
Persistent link: https://www.econbiz.de/10014493099
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Financialisation and demand and growth regimes : a review of post-Keynesian contributions
Hein, Eckhard; Treeck, Till van - 2024
We review post-Keynesian assessments of the macroeconomic demand and growth impacts of financialisation. First, we examine the channels of influence of financialisation on distribution and on the different components of private aggregate demand, i.e. investment, consumption and net exports....
Persistent link: https://www.econbiz.de/10014490639
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Macroeconomic policies, wage developments, and Germany's stagnation : [Paper presented at the conference: Germany's Economic Performance: From Unification to Euroisation, Anglo-Ger...
Hein, Eckhard; Truger, Achim - 2005
The paper fundamentally challenges the institutional sclerosis explanation of the present German economic stagnation … benefit system in combination with a restrictive macroeconomic policy mix, however, will prolong Germany's economic stagnation …Das Paper widerspricht der gängigen Erklärung der Stagnation in Deutschland als Folge institutioneller Verkrustungen …
Persistent link: https://www.econbiz.de/10003744520
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Fiscal Policy and Rebalancing in the Euro Area : A Critique of the German Debt Brake from a Post-Keynesian Perspective
Hein, Eckhard - 2013
The German debt brake is often regarded as a great success story, and has therefore served as a role model for the Euro area and its fiscal compact. In this paper we fundamentally criticize the debt brake. We show that (1) it suffers from serious shortcomings, and its success is far from certain...
Persistent link: https://www.econbiz.de/10013074699
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Future fiscal and debt policies : Germany in the Context of the European Monetary Union
Hein, Eckhard; Truger, Achim - 2013
Currently fiscal policies in Germany seem to be in a very comfortable position and the German Debt Brake is regarded as an institutional precondition for this success and has been exported to the Euro area in the guise of the Fiscal Compact. In this paper we scrutinize German fiscal policies and...
Persistent link: https://www.econbiz.de/10009756271