Narrow search
Showing 1 - 10 of 4,691
Cover Image
Fiscal sustainability, fiscal reactions, pitfalls and determinants
Afonso, António; Coelho, José Carlos - 2022
We examine the sustainability of public finances and its determinants for 19 Eurozone countries from 1995 to 2020. We conclude for the existence of panel cointegration between government revenues and expenditures; primary government balance and one-period lagged public debt-to-GDP ratio; and...
Persistent link: https://www.econbiz.de/10013162289
Cover Image
The role of uncertainty in the euro crisis : a reconsideration of liquidity preference theory
Pusch, Toralf - 2012
An active role of fiscal policy has been rediscovered as a crisis remedy at the beginning of the financial crisis all over Europe. More recently, the Euro Crisis with its mounting governments' funding costs for a number of Southern EU member states and Ireland has called this strategy into...
Persistent link: https://www.econbiz.de/10009575438
Cover Image
Political Economy Perspectives on the Greek Crisis : Debt, Austerity and Unemployment
Tsoukis, Christopher (ed.); Christopoulos, Dimitris K. (ed.) - 2017
This book offers a comprehensive guide to the on-going Greek debt crisis. It identifies and explains Greece’s idiosyncratic weaknesses, and highlights the existing rigidities in the EU architecture that make the recovery prospects of the Greek economy challenging. Chapters from expert...
Persistent link: https://www.econbiz.de/10012397726
Cover Image
Political economy perspectives on the Greek crisis : debt, austerity and unemployment
Bournakis, Ioannis (ed.); Tsoukis, Christopher (ed.);  … - 2017 - 1st edition 2017
Persistent link: https://www.econbiz.de/10011710862
Cover Image
Did fiscal consolidation cause the double-dip recession in the euro area?
Heimberger, Philipp - In: Review of Keynesian economics 5 (2017) 3, pp. 439-458
Persistent link: https://www.econbiz.de/10011733545
Cover Image
Did fiscal consolidation cause the double dip recession in the euro area?
Heimberger, Philipp - 2015
This paper analyses the short-run effects of fiscal consolidation measures on economic activity in the euro area during the euro crisis. It presents new econometric estimates on the link between cumulative GDP growth and fiscal austerity measures during 2011-2013. The main empirical finding is...
Persistent link: https://www.econbiz.de/10011778844
Cover Image
Does austerity pay off? : conference paper
Born, Benjamin; Müller, Gernot J.; Pfeifer, Johannes - 2014
Austerity measures are frequently enacted when the sustainability of public finances is in doubt. Such doubts are reflected in high sovereign yield spreads and put further strain on government finances. Is austerity successful in restoring market confidence, bringing about a reduction in yield...
Persistent link: https://www.econbiz.de/10010481328
Cover Image
The macroeconomic effects of the Euro Area's fiscal consolidation 2011 - 2013 : a simulation-based approach
Rannenberg, Ansgar; Schoder, Christian; Strasky, Jan - 2015
Wir simulieren die Haushaltskonsolidierung im Euroraum im Zeitraum 2011 bis 2013 mit Hilfe von zwei DSGE Modellen der … Haushalte krisenbedingt erhöht wird. Im letzteren Szenario trägt die Haushaltskonsolidierung die maßgebliche Verantwortung für … die Verschlechterung der Produktionslücke im Zeitraum 2011 bis 2013. Wäre die Haushaltskonsolidierung erst in einer Phase …
Persistent link: https://www.econbiz.de/10011311671
Cover Image
The macroeconomic effects of the euro area's fiscal consolidation 2011 - 2013 : a simulation-based approach
Rannenberg, Ansgar; Schoder, Christian; Strasky, Jan - 2015
Persistent link: https://www.econbiz.de/10011317242
Cover Image
Economic and political implications of the Poland's accession to the European Fiscal Union
Libor, Grzegorz; Galuszka, Jolanta; Galuszka, Ireneusz - In: Rivista internazionale di scienze sociali 121 (2013) 2, pp. 211-232
Persistent link: https://www.econbiz.de/10010238572