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Rebalancing the euro area : is wage adjustment in Germany the answer?

Hoffmann, Mathias; Kliem, Martin; Krause, Michael; … - In: Journal of international money and finance 119 (2021), pp. 1-23

Persistent link: https://www.econbiz.de/10013285020

Rebalancing the euro area : is wage adjustment in Germany the answer?

Hoffmann, Mathias; Kliem, Martin; Krause, Michael; … - 2020

We assess to what extent wage inflation policies in Germany could contribute to an economic rebalancing in the euro area and the rest of the world. We find that a rise in nominal wage inflation has positive short-run effects on inflation and output in Germany and the rest of the euro area. The...

Persistent link: https://www.econbiz.de/10012184056

External enablers of Eurozone austerity : exploring the link between the ease of suppressing domestic spending and trading partners' demand

Polyak, Palma - In: New political economy 27 (2022) 5, pp. 754-770

Persistent link: https://www.econbiz.de/10013372913

Fiscal policy rules for stabilisation and growth : a simulation analysis of deficit and expenditure targets in a monetary union

Brück, Tilman; Zwiener, Rudolf - In: Journal of policy modeling : JPMOD ; a social science … 28 (2006) 4, pp. 357-369

Persistent link: https://www.econbiz.de/10003322064

A disaggregated framework for the analysis of structural developments in public finances

Kremer, Jana; Braz, Cláudia Rodrigues; Brosens, Teunis; … - 2006

In this paper, we present a disaggregated framework for the analysis of past and projected structural developments in the most relevant revenue and expenditure categories and the fiscal balance. The framework, in particular, distinguishes between the effects of discretionary fiscal policy and of...