Der russisch-ukrainische Krieg hat eine lebhafte Debatte über die angemessenen sanktionspolitischen Möglichkeiten Deutschlands bzw. der Europäischen Union ausgelöst: Idealerweise sollten Sanktionen Russland erhebliche wirtschaftliche Kosten auferlegen und dazu beitragen, die Fähigkeit und...

This chapter provides a description of the QUEST III model, with a special emphasis on its innovation mechanisms, and offers an example of its application to the analysis of the impact of innovation policies in the EU. In particular, the results of the simulations of an ex-ante impact assessment...

Der russisch-ukrainische Krieg hat eine lebhafte Debatte über die angemessenen sanktionspolitischen Möglichkeiten Deutschlands bzw. der Europäischen Union ausgelöst: Idealerweise sollten Sanktionen Russland erhebliche wirtschaftliche Kosten auferlegen und dazu beitragen, die Fähigkeit und...

The COVID-19 pandemic had disastrous effects on health and economic activity worldwide, including in the Euro Area. The application of mandatory lockdowns contributed to a sharp fall in production and a rise in unemployment, inducing an expansionary fiscal and monetary response. Using a uniquely...

Austria, Finland and Sweden became members of the EU in 1995. This paper examines how support for the euro and trust in the European Central Bank (ECB) have evolved in these three countries since their introduction at the turn of the century. Support for the euro in the two euroarea members...

The standard way today to obtain measures of inflationary expectations is to use questionnaires to ask a representative group of respondents about their beliefs of the future rate of inflation during the coming 12 months. This type of data on inflationary expectations as well as on inflationary...

While current instruments of EU economic policy coordination helped stave off a full-scale depression, the post-2007 global financial and economic crisis has revealed a number of weaknesses in the Stability and Growth Pact, the EU framework for fiscal surveillance and fiscal policy coordination....

This paper explores the evolution and determinants of public support for the euro since its creation in 1999 until the end of 2017, thereby covering the pre-crisis experience of the euro, the crisis years and the recent recovery. Using uniquely large macro and micro databases and applying...

This paper discusses the history and future of the Swedish fiscal framework. First, we claim that the fiscal framework has contributed to a sharp decline in the debt-to-GDP ratio, from one of the highest to one of the lowest in the European Union. Next, we focus on the future. Despite its...