Showing 1 - 10 of 2,522
Persistent link: https://www.econbiz.de/10011401336
Fiscal policy in the Euro area is still dominated by austerity measures implemented under the institutional setting of …
Persistent link: https://www.econbiz.de/10010511177
, known as austerity. In opposition to fiscal contraction measures, expansive fiscal action policies are often called for to … initiate economic recovery. But the national interests of austerity's main proponent, performed in an asymmetric … intergovernmental bargaining arena, render most of the proposed expansive action plans impossible and hence austerity is expected to …
Persistent link: https://www.econbiz.de/10011380141
Persistent link: https://www.econbiz.de/10011311691
Persistent link: https://www.econbiz.de/10011338932
, notably Nobel Prize winner and New York Times columnist Paul Krugman, who claimed that Greece suffered from austerity. Because …
Persistent link: https://www.econbiz.de/10010530650
This paper dwells on the Eurozone woes and addresses the origins of the transition from a fictitious boom to a painful bust by unravelling (i) the supply-side structural imbalances that formed the core-periphery economic divide, and (ii) the necessity of the periphery's sovereign debt to finance...
Persistent link: https://www.econbiz.de/10009687800
Depression and World War II. The article tries to give an impression of the extraordinary degree of fiscal austerity and the …
Persistent link: https://www.econbiz.de/10009756285
ratio will be inversely related to the growth rate, and (iii) austerity policies - reductions in government consumption and …
Persistent link: https://www.econbiz.de/10010193872
Persistent link: https://www.econbiz.de/10010199447