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governments in the euro area enacted or announced numerous economic policy measures to counteract the severe economic consequences …
Persistent link: https://www.econbiz.de/10012231998
stabilisation policies in the EU since the introduction of the euro, the common currency. Finally, we discuss the significance of …
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The debate about the use of fiscal instruments for macroeconomic stabilization has regained prominence in the aftermath of the Great Recession, and the experience of a monetary union equipped with fiscal shock absorbers, such as the United States, has often been a reference. This paper enhances...
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This paper estimates the effects of nine exchange rates for european coun- tries vis-a-vis the Euro in the COVID … pandemic. Using data on COVID cases, three containment and two stabilization measures relative to the euro area counterparts … the results differ with respect to whether the country is a scandinavian or eastern european country and whether the euro …
Persistent link: https://www.econbiz.de/10013189169
There is a wide consensus that the existence of structural rigidities in the Eurozone reduces the effectiveness of the … monetary policies in the US and the Eurozone countries. This consists in collecting the estimated transmission coefficients …
Persistent link: https://www.econbiz.de/10003270535
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