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, and where industry structure (number of varieties and allocation of capital stock across industries) is fixed. We … Industrie in der EU übertrug sich auf die damit verbundenen Branchen in Österreich. Die österreichische Wirtschaft konnte eine … Industrie einen weniger negativen Einfluss auf die österreichische Wirtschaft ausgeübt zu haben. …
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While the financial crisis of 2008-2009 led to the great collapse of international trade, the European debt crisis in 2010-2013 did not have such a drastic impact on trade. The collapse has been studied a lot in recent empirical literature, but the European debt crisis has not been investigated...
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The aim of the 'Five Presidents Report' cited in the title acknowledges that an important driver of the European economic crisis has been the faulty original design of the Monetary Union, and that substantial steps are urgently needed towards the creation of truly supranational institutions. Yet...
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