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This paper analyses the Post-crisis slump in 29 European economies during the 2008Q1 - 2014Q4 period using the Business Cycle Accounting (BCA) method á la Chari, Kehoe and McGrattan (2007). We find that the deterioration in the efficiency wedge is the most important driver of the European Great...
Persistent link: https://www.econbiz.de/10011530229
In this article, German Finance Minister Christian Lindner places the government's draft of the 2024 federal budget and … expenditure in the federal budget. Action is being takento raise savings potentials and to curb expenditure trends. However, in … order to ensure that the federal budget's composition and priorities are rigorously tar-geted towards future-oriented tasks …
Persistent link: https://www.econbiz.de/10014336584
Zentrales Ziel des vorliegenden Forschungsvorhabens ist der Entwurf eines praktikablen, umweltbezogenen Subventionscontrollings. Die Umweltwirksamkeitsanalyse ausgabenpolitischer Instrumente soll in mehreren Dimensionen vorangetrieben werden. Zunächst soll das Vorhaben einen Beitrag in der...
Persistent link: https://www.econbiz.de/10011844992
Zentrales Ziel des vorliegenden Forschungsvorhabens ist der Entwurf eines praktikablen, umweltbezogenen Subventionscontrollings. Die Umweltwirksamkeitsanalyse ausgabenpolitischer Instrumente soll in mehreren Dimensionen vorangetrieben werden. Zunächst soll das Vorhaben einen Beitrag in der...
Persistent link: https://www.econbiz.de/10013437416
Die Corona-Krise ist eine globale Herausforderung. Die Ausbreitung von COVID-19 stellt gesamtwirtschaftlich gesehen sowohl einen negativen Nachfrageschock als auch einen negativen Angebotsschock dar. Es kommt zu merklichen Exportausfällen nach China und in andere betroffene Volkswirtschaften....
Persistent link: https://www.econbiz.de/10012175034
In this article an overview of the German macroeconomic performance in the last decade is stressed; extraordinary recovery of the German productivity and successes of the foreign trade face depressed domestic demand and a still worrying situation in the labour market. This article attempts to...
Persistent link: https://www.econbiz.de/10010460456
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....
Persistent link: https://www.econbiz.de/10011307457
In this article an overview of the German macroeconomic performance in the last decade is stressed; extraordinary recovery of the German productivity and successes of the foreign trade face depressed domestic demand and a still worrying situation in the labour market. This article attempts to...
Persistent link: https://www.econbiz.de/10005764573
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....
Persistent link: https://www.econbiz.de/10011308548
War is back in Europe and as it becomes long-lasting, the question of armament gains central importance. This report … "war economy", as some have argued, Germany's defence budget needs to durably and credibly increase. Higher and credible … Europe need to focus on speed in procurement, on cost effectiveness through economies of scale in an integrated European …
Persistent link: https://www.econbiz.de/10015106488