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From convergence to crisis : labor markets and the instability of the euro

Johnston, Alison - 2016

Incomplete monetary union and Europe's current crisis -- From order to disorder : how monetary union changed national labor markets -- Monetary regimes, sectoral wage relations and the current account crisis in the EMU south : empirical evidence -- National central banks promoting inflation...

Persistent link: https://www.econbiz.de/10011503486

The Euro area crisis five years after the original sin

Orphanides, Athanasios - In: Credit and capital markets : Kredit und Kapital 48 (2015) 4, pp. 535-565

Persistent link: https://www.econbiz.de/10011476003

From convergence to crisis : labor markets and the instability of the euro

Johnston, Alison - 2016 - 1st ed

What explains Eurozone member-states' divergent exposure to Europe's sovereign debt crisis? Deviating from current …

Persistent link: https://www.econbiz.de/10011684238

Sovereign debt crisis in Europe : a different crisis with a "Less than different" impact on Bangladesh?

Shiraj, Molla Mursaleen; Islam, Afrin - In: Modern economy 2 (2011) 4, pp. 521-527

Persistent link: https://www.econbiz.de/10009620668

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

European sovereign bailouts, political risk and the economic consequences of Mrs. Merkel

Collignon, Stefan; Esposito, Piero; Lierse, Hanna - In: Journal of international commerce, economics and policy 4 (2013) 2, pp. 1-25

Persistent link: https://www.econbiz.de/10009756566

Saving Europe? : the unpleasant arithmetic of fiscal austerity in integrated economies

Mendoza, Enrique G.; Tesar, Linda L.; Zhang, Jing - 2014

What are the macroeconomic effects of tax adjustments in response to large public debt shocks in highly integrated economies? The answer from standard closed-economy models is deceptive, because they underestimate the elasticity of capital tax revenues and ignore crosscountry spillovers of tax...

Persistent link: https://www.econbiz.de/10010426560

Saving Europe? : the unpleasant arithmetic of fiscal austerity in integrated economies

Mendoza, Enrique G.; Tesar, Linda L.; Zhang, Jing - 2014

Europe's debt crisis casts doubt on the effectiveness of fiscal austerity in highly-integrated economies. Closed-economy models overestimate its effectiveness, because they underestimate tax-base elasticities and ignore cross-country tax externalities. In contrast, we study tax responses to debt...

Persistent link: https://www.econbiz.de/10010463574

The euro crisis and economic growth : a novel counterfactual approach

Terzi, Alessio - 2019 - This Draft: 25 June 2019

warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone … more in the Eurozone periphery than in the standard counterfactual scenario. These results are not dictated by any specific … Eurozone’s specificity, which is instead to be traced back to a sharper-than-expected contraction in investment and fiscal …

Persistent link: https://www.econbiz.de/10012033212

The euro crisis and the job guarantee : a proposal for Ireland

Wray, L. Randall - 2012

Euroland is in a crisis that is slowly but surely spreading from one periphery country to another; it will eventually reach the center. The blame is mostly heaped upon supposedly profligate consumption by Mediterraneans. But that surely cannot apply to Ireland and Iceland. In both cases, these...

Persistent link: https://www.econbiz.de/10009490197

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