Belke, Ansgar; Kronen, Dominik - 2017
, consumption and investment. In this paper, we apply a structural vector autoregressive (SVAR) model to gain first insights that … general investment and consumption of longlived goods in the EMU core countries in order to be prepared to react on different … states of the world in the future. What is more, shifts of investment from peripheral to core EMU member countries as safe …