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Twenty years of the German euro are more than enough
Bibow, Jörg - 2018
This paper reviews the performance of the euro area since the euro's launch 20 years ago. It argues that the euro crisis has exposed existential flaws in the euro regime. Intra-area divergences and the corresponding buildup of imbalances had remained unchecked prior to the crisis. As those...
Persistent link: https://www.econbiz.de/10011894027
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The European Central Bank's outright monetary transactions and the Federal Constitutional Court of Germany
Siekmann, Helmut; Wieland, Volker - 2013
of the Federal Constitutional Court of Germany concerning the legality of ECB government bond purchases such as those …
Persistent link: https://www.econbiz.de/10010225422
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Stuck on the wrong track : 20 years of euro disillusion, denial, and delusion
Bibow, Jörg - In: European journal of economics and economic policies : … 17 (2020) 2, pp. 139-155
Persistent link: https://www.econbiz.de/10012321781
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How loose, how tight? : a measure of monetary and fiscal stance for the euro area
Batini, Nicoletta; Cantelmo, Alessandro; Melina, Giovanni; … - 2020
Persistent link: https://www.econbiz.de/10012300130
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How loose, how tight? : a measure of monetary and fiscal stance for the euro area
Batini, Nicoletta; Cantelmo, Alessandro; Melina, Giovanni; … - 2020
This paper builds a model-based dynamic monetary and fiscal conditions index (DMFCI) and uses it to examine the evolution of the joint stance of monetary and fiscal policies in the euro area (EA) and in its three largest member countries over the period 2007-2018. The index is based on the...
Persistent link: https://www.econbiz.de/10012251959
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Macroeconomic effects of the Covid-19 Pandemic in Germany and the European Monetary Union and economic policy reactions
Herr, Hansjörg; Nettekoven, Zeynep Mualla - 2022
The Covid-19 pandemic hitting the world in 2020 also caused a high death toll in Germany and in the European Monetary …-scale fiscal stimuli, and public guarantees, in Germany and the EMU smoothed the disastrous economic and social effects of the … pandemic. Overall, the stabilisation policy during the Covid-19 pandemic in Germany was successful and prevented escalating …
Persistent link: https://www.econbiz.de/10013269485
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German economy winter 2022 : recovery temporarily on hold
Boysen-Hogrefe, Jens; Groll, Dominik; Hoffmann, Timo; … - 2022
Wholesale prices for gas and electricity have fallen significantly in recent months - even though they are still at a high level. In addition, the burdens on private households and companies caused by high energy costs are to be cushioned by so-called price brakes. Overall, inflation in 2023...
Persistent link: https://www.econbiz.de/10013539194