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The dynamic effects of monetary policy and government spending shocks on unemployment in the peripheral Euro area countries
Dallari, Pietro; Ribba, Antonio - In: Economic modelling 85 (2020), pp. 218-232
Persistent link: https://www.econbiz.de/10012210628
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Aggregate stability and balanced-budget rules
Ghilardi, Matteo F.; Rossi, Raffaele - In: Journal of money, credit and banking : JMCB 46 (2014) 8, pp. 1787-1809
Persistent link: https://www.econbiz.de/10010470072
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Effects of fiscal consolidation on business confidence in the Euro Area
Michail, Nektarios; Savva, Christos; Koursaros, Demetris - In: Economics and Business Letters : EBL 7 (2018) 2, pp. 76-83
Persistent link: https://www.econbiz.de/10012129119
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Size effects of fiscal policy and business confidence in the Euro area
Michail, Nektarios A.; Savva, Christos S.; Koursaros, … - In: International Journal of Financial Studies : open … 5 (2017) 4, pp. 1-15
Euro Area economies to a one percent shock in government consumption and business confidence. The evidence suggests that … even though the response to a government consumption shock is strong, a shock in expectations has an even greater effect …
Persistent link: https://www.econbiz.de/10011760247
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The cyclical behaviour of fiscal policy during the Covid-19 crisis
Heimberger, Philipp - 2022
This paper analyses the cyclicality of fiscal policy (discretionary versus automatic) for 28 advanced economies over 1995-2021 by paying special attention to the Covid-19 crisis. We find evidence that discretionary fiscal policy during the Covid-19 crisis (2020-2021) was significantly more...
Persistent link: https://www.econbiz.de/10013373264
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EMU's problems : asymmetric shocks or asymmetric behavior?
Boltho, Andrea; Carlin, Wendy - In: Comparative economic studies 55 (2013) 3, pp. 387-403
Persistent link: https://www.econbiz.de/10010187968
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Monetary policy and wandering overinvestment cycles in East Asia and Europe
Schnabl, Gunther - 2017
The paper analyses the role of monetary policy for cyclical movements of investment and asset markets in East Asia and Europe based on a Mises-Hayek overinvestment framework. It is shown how the gradual global decline of interest rates has triggered wandering overinvestment cycles in Japan,...
Persistent link: https://www.econbiz.de/10011655779
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The failure of ECB monetary policy from a Mises-Hayek perspective
Schnabl, Gunther - 2017
combined with the theory of optimum currency areas. It shows how since the turn of the millennium a too expansionary monetary …
Persistent link: https://www.econbiz.de/10011619626
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The cyclicality of automatic and discretionary fiscal policy : what can real-time data tell us?
Bernoth, Kerstin; Hughes Hallett, Andrew; Lewis, John - In: Macroeconomic dynamics 19 (2015) 1, pp. 221-243
Persistent link: https://www.econbiz.de/10011308652