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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
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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
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Fiscal multipliers in downturns and the effects of Euro Area consolidation
Gechert, Sebastian; Hughes Hallett, Andrew; Rannenberg, … - In: Applied economics letters 23 (2016) 16/18, pp. 1138-1140
Persistent link: https://www.econbiz.de/10011701716
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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
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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
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Stories, fables, parables, and myths : Greece and the Euro crisis, toward a new narrative
Kitromilides, Yiannis - In: Journal of economic issues : jei 47 (2013) 3, pp. 623-637
Persistent link: https://www.econbiz.de/10010199447
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The controversy over fiscal multipliers as a case of triangular diplomacy : the limits of co-regulation in the management of the eurozone
Papadopoulos, Ioannis; Vlachos, Vasileios A. - In: International journal of diplomacy and economy 2 (2015) 4, pp. 351-367
Persistent link: https://www.econbiz.de/10011531159
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Monetary developments and expansionary fiscal consolidations : evidence from the EMU
Afonso, António; Martins, Luís - 2014
Persistent link: https://www.econbiz.de/10011554870
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Monetary developments and expansionary fiscal consolidations : evidence from the EMU
Afonso, António; Martins, Luís - In: International journal of finance & economics : IJFE 21 (2016) 3, pp. 247-265
Persistent link: https://www.econbiz.de/10011560506
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Long-term effects of fiscal stimulus and austerity in Europe
Gechert, Sebastian; Horn, Gustav A.; Paetz, Christoph - 2017
We analyze whether there are negative (positive) long-term effects of austerity measures (stimulus measures) on potential output growth. Based on the approach of Blanchard and Leigh (2013) and Fatás and Summers (2016) and using a novel dataset of narratively identified fiscal policy shocks, we...
Persistent link: https://www.econbiz.de/10011656960