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Fiscal policy stance reaction to the financial/economic crisis in the EMU : the case of Slovenia
Mencinger, Jernej; Aristovnik, Aleksander - In: Zagreb international review of economics & business 17 (2014), pp. 17-30
Persistent link: https://www.econbiz.de/10010487085
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Sensitivity of fiscal-policy effects to policy coordination and business cycle conditions
Virén, Matti E. E. - In: International economics and economic policy : IEEP 11 (2014) 3, pp. 397-411
Persistent link: https://www.econbiz.de/10010413265
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From one crisis to another : changes in the governance of the Economic and Monetary Union (EMU)
Pochet, Philippe - In: Transfer : the European review of labour and research ; … 28 (2022) 1, pp. 119-133
Persistent link: https://www.econbiz.de/10013257302
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The effects of fiscal rules on public investment over the cycle
Jürgens, Ekaterina - 2022
This paper investigates how numerical fiscal rules affect government investment in the EU and disentangles their effect over the business cycle. Public investment seems to be generally susceptible to cutbacks during recessions. Fiscal rules demonstrate heterogeneous effects, depending on their...
Persistent link: https://www.econbiz.de/10014327527
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Cyclical inflation divergence and different labor market institutions in the EMU
Campolmi, Alessia; Faia, Ester - 2006
This paper relates the size of the cyclical inflation differentials, currently observed for euro area countries, to the differences in labor market institutions across the same set of countries. It does that by using a DSGE model for a currency area with sticky prices and labor market frictions....
Persistent link: https://www.econbiz.de/10011604665
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Has the Euro changed the Business Cycle?
Enders, Zeno; Jung, Philip; Müller, Gernot J. - 2009
In this paper we analyze European business cycles before and under EMU. Across the two periods we ?nd 1) a signi … able to replicate key features of the data prior to and under EMU.We ?nd that the euro has a strong bearing on the … transmission mechanism as cross-country spillovers increase substantially under EMU. As a result, foreign shocks become more and …
Persistent link: https://www.econbiz.de/10010270020
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The Endogeneity of the Optimum Currency Area Criteria, Intraindustry Trade, and EMU Enlargement
Fidrmuc, Jarko - 2001
This paper tests the endogeneity hypothesis of OCA criteria (Frankel and Rose, 1998) in a cross-section of OECD countries between 1990 and 1999. It is shown that intraindustry trade actually causes the convergence of business cycles, while there is no direct relation between business cycles and...
Persistent link: https://www.econbiz.de/10010313398
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One money, one cycle? : The EMU experience
Gächter, Martin; Riedl, Aleksandra - In: Journal of macroeconomics 42 (2014), pp. 141-155
Persistent link: https://www.econbiz.de/10011286625
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Has the Euro changed the business cycle?
Enders, Zeno; Jung, Philip; Müller, Gernot J. - In: European economic review : EER 59 (2013), pp. 189-211
Persistent link: https://www.econbiz.de/10009723952
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Business cycle synchronization in Europe : evidence from a dynamic factor model
Lee, Jim - In: International economic journal 27 (2013) 3, pp. 347-364
Persistent link: https://www.econbiz.de/10009791583