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Fiscal austerity and the multiplier in times of crisis
Müller, Gernot J. - In: German economic review 15 (2014) 2, pp. 243-258
Persistent link: https://www.econbiz.de/10010498693
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The Euro Crisis and Economic Growth : A Novel Counterfactual Approach
Terzi, Alessio - 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/10012866042
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This time is different : fiscal response to the COVID-19 pandemic among EU countries
Bökemeier, Bettina; Wolski, Marcin - 2022
This paper empirically analyses fiscal policy behavior in the European Union (EU) Member States and assesses how it has changed during the recent pandemic crisis compared to previous crisis situations. Based on panel estimations the outcomes reveal that this time is different, both concerning...
Persistent link: https://www.econbiz.de/10012814554
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The politics of fiscal austerity : democracies and hard choices
Posner, Paul L.; Sommerfeld, Matthew - In: OECD journal on budgeting (2013) 1, pp. 141-174
Persistent link: https://www.econbiz.de/10010243658
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Hard work, and more : How to successfully conduct adjustment with official assistance
Larch, Martin; Bernard, Kristin Magnusson; Tatar, Balint - 2013
Persistent link: https://www.econbiz.de/10010440901
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Does austerity pay off? : conference paper
Born, Benjamin; Müller, Gernot J.; Pfeifer, Johannes - 2014
Austerity measures are frequently enacted when the sustainability of public finances is in doubt. Such doubts are reflected in high sovereign yield spreads and put further strain on government finances. Is austerity successful in restoring market confidence, bringing about a reduction in yield...
Persistent link: https://www.econbiz.de/10010481328
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The ability of selected European countries to face the impending economic crisis caused by COVID-19 in the context of the global economic crisis of 2008
Oravský, Róbert; Tóth, Peter; Bánociová, Anna - In: Journal of risk and financial management : JRFM 13 (2020) 8/179, pp. 1-16
This paper is devoted to the ability of selected European countries to face the potential economic crisis caused by COVID-19. Just as other pandemics in the past (e.g., SARS, Spanish influenza, etc.) have had negative economic effects on countries, the current COVID-19 pandemic is causing the...
Persistent link: https://www.econbiz.de/10012321996
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The finance-dominated regime of accumulation and the crisis in Europe
Demirović, Alex; Sablowski, Thomas - 2013
Persistent link: https://www.econbiz.de/10011298975
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Finanzdominierte Akkumulation und die Krise in Europa
Demirović, Alex; Sablowski, Thomas - 2012
Persistent link: https://www.econbiz.de/10011298986
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Fiscal austerity, growth prospects, and sovereign CDS spreads: the Eurozone and beyond
Yuan, Chunming; Pongsiri, Tanu J. - In: International economics : a journal published by CEPII … 141 (2015), pp. 50-79
Persistent link: https://www.econbiz.de/10011539486