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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

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

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

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

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

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

Monetary policy and business cycle synchronization in Europe

Mestre, Roman; Odry, Rémi - 2021

Persistent link: https://www.econbiz.de/10012606755

Business cycle synchronization in the EMU : core vs. periphery

Belke, Ansgar; Domnick, Clemens; Gros, Daniel - 2016

themselves after 2007Q4, whereas peripheral countries decreased synchronization with regards to the core, non-EMU countries and … innerhalb einer Währungsunion ist wünschenswert, unter anderem um die Stabilisierungsfunktion der Geldpolitik zu erleichtern … nationalen Konjunkturzyklen, welche die Durchführung der gemeinsamen Geldpolitik erschweren. …

Persistent link: https://www.econbiz.de/10011570812

The dire effects of the lack of monetary and fiscal coordination

Bianchi, Francesco; Melosi, Leonardo - 2017

What happens if the government's willingness to stabilize a large stock of debt is waning, while the central bank is adamant about preventing a rise in inflation? The large fiscal imbalance brings about inflationary pressures, triggering a monetary tightening, further debt accumulation, and...

Persistent link: https://www.econbiz.de/10012030336

Escaping the Great Recession

Bianchi, Francesco; Melosi, Leonardo - 2016

We show that policy uncertainty about how the rising public debt will be stabilized accounts for the lack of deflation in the US economy at the zero lower bound. We first estimate a Markov-switching VAR to highlight that a zero-lower-bound regime captures most of the comovements during the Great...

Persistent link: https://www.econbiz.de/10011560569

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