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Weltweit werden etwa 3 Billionen US-Dollar staatlicher Hilfen ausgegeben, um den Absturz der Weltwirtschaft abzubremsen. Dieser Nachfrageschub von 4,7 Prozent des Welteinkommens hat zuallererst die Aufgabe, die Spirale gestrichener Investitionspläne, reduzierter Produktion, gesunkener...
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16 4.3 China 17 4.4 Japan und Korea 18 4.5 Konjunkturpakete der Europäischen Union 19 4.6 Die deutschen … und China aufge- legt (siehe Abbildung 1), die zusammen mehr als die Hälfte der Finanzmittel stellen. Abbildung 1 …: Aufteilung der weltweiten Konjunkturprogramme (Prozent) USA; 35 China; 20 Japan; 15 Rest; 15 Europa; 15 Quelle: Scheuerle …
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In light of persistent in ation dispersion and rising debt levels in the EMU, this paper investigates the welfare implications of budget-neutral scal policies that counteract in ation di erentials. In a two-country DSGE model of a monetary union with traded and non-traded goods a national scal...
Persistent link: https://www.econbiz.de/10011437921
This paper examines the question whether joining EMU or the breach of the Stability and Growth Pact in 2003 had an impact on the deficit policy of member states. The empirical analysis gives no hint for an alteration of deficit policy after having joined EMU or after having breached the Pact in...
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The fiscal commons problem is one of the most prominent explanations of excessive spending and indebtedness in political economics. The more fragmented a government, the higher its spending, deficits and debt. In this paper we investigate to what extent this problem can be mitigated by different...
Persistent link: https://www.econbiz.de/10011451337