Showing 1 - 10 of 6,313
the current unprecedented crisis on the euro area economy has given the debate new impetus. As a contribution to this … broad measure defined as the ratio between disposable and primary incomes – and EU structural and investment funds. It … for the role of the EU structural and investment funds over the medium term, based on the newly available – and richest so …
Persistent link: https://www.econbiz.de/10012319164
“below, but close to 2 percent” to a formal symmetric inflation targeting regime in the euro area or from flexible to average … policy frameworks and the fiscal support in the U.S. and euro area during the pandemic. Moving from a previous target of … inflation targeting in the U.S. is shown to boost output and inflation in both regions. Meanwhile, the fiscal packages approved …
Persistent link: https://www.econbiz.de/10014237881
This paper presents an empirical investigation of inflation dynamics in Libya over the period 1964–2010, using … cointegration and error correction models. While inflation inertia is found to be a key determinant of consumer price inflation, the … econometric results indicate that government spending, money supply growth, global inflation, and exchange rate pass-through play …
Persistent link: https://www.econbiz.de/10013082860
This paper presents an empirical investigation of inflation dynamics in Libya over the period 1964–2012, using … cointegration and error correction models. While inflation inertia is found to be a key determinant of consumer price inflation, the … results indicate that government spending, money supply growth, global inflation, and exchange rate pass-through play central …
Persistent link: https://www.econbiz.de/10012944410
Five EU Presidents presented in 2015 is far from sufficient to reduce the risks of the Euro zone falling apart by Brexit … economic growth is high. We propose that the EU negotiates a New Deal between the highly indebted Euro countries and the other …All explorations of the future of the Euro show serious risks for its survival in the present form. The road map of the …
Persistent link: https://www.econbiz.de/10011582732
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …
Persistent link: https://www.econbiz.de/10011308548
Interim Report are systematically evaluated. We also deal with different governance visions emerging from the ongoing euro … area crisis and starts from different views of the ‘North and the South’ of the euro area on this issue. This contribution …
Persistent link: https://www.econbiz.de/10010255185
Along time the European Union (EU) has been pointed as the most succeeded example of regional integration. Now, this … example has been cruelly shaken by the EZ (Euro Zone) crisis, originating increasing doubts about the integration process. It … solution, and the recurrent EU proclamations of "policies to restore European growth", the crisis in the EZ looks more and more …
Persistent link: https://www.econbiz.de/10011515832
the whole sample of euro area countries in 2022 (EA-19). Using an alternative measure of "inflation surprise" (available …This paper estimates a fiscal reaction function (FRF) framework for euro area countries to test for the impact of … changes in inflation on fiscal policy. We find evidence of non-linear short-term effects of HICP inflation on the primary …
Persistent link: https://www.econbiz.de/10014483665
We examine the relationship between inflation and fiscal sustainability with a two-step approach. In the first step, we … various measures of inflation such as headline inflation, core inflation, energy inflation, and food inflation affect the … estimate of fiscal sustainability found previously. Our findings indicate that higher inflation rates contribute positively to …
Persistent link: https://www.econbiz.de/10014444867