Showing 1 - 10 of 3,698
Persistent link: https://www.econbiz.de/10011498787
countries that have the highest Fiscal Rule Strength Index, i.e. Spain, Slovakia and Sweden. The conclusions of the study were …
Persistent link: https://www.econbiz.de/10012002050
Persistent link: https://www.econbiz.de/10014531971
, Sweden, served as an outlier. It restricted the spread of the virus primarily through voluntary measures rather than strict … lockdowns. In this study, we compare the health and economic outcomes in Sweden with those of comparable Western European …, Sweden managed to combine one of the lowest excess death rates with relatively small economic costs. Furthermore, Sweden …
Persistent link: https://www.econbiz.de/10014390569
This paper examines the ownership structure of eurozone public debt and the distributional consequences thereof. Through both a comparative perspective and an explorative case study of Italy, this paper asks two research questions. Firstly, it asks who holds government debt in Spain, France,...
Persistent link: https://www.econbiz.de/10012217039
In economic discussions, currency board systems are frequently described as arrangements with self-binding character to the monetary authorities by their strict rules and establishments by law. Hard pegs and especially currency boards are often seen as remedies to overcome economic and financial...
Persistent link: https://www.econbiz.de/10003459430
This paper explores the macroeconomics of fiscal austerity and deflation in an economy with public debt. A binding budget deficit cap destabilizes the economy by turning the government budget into an automatic destabilizer. Public debt helps maintain AD in the presence of deflation because...
Persistent link: https://www.econbiz.de/10009306638
This paper looks at intergenerational welfare effects of increased public debt when union power in pay bargaining generates structural unemployment. Debt policy works through capital accumulation as well as the price of a fixed asset that is owned by the old generation. Under a reasonable...
Persistent link: https://www.econbiz.de/10011400853
The size of the public debt is now one of the main areas of interest of the entire society. As the size of the debt increases with time, one should consider possible ways of reducing it. Decision makers focus both on ways to reduce the increase in public debt and on ways to reduce its size....
Persistent link: https://www.econbiz.de/10010515541
Persistent link: https://www.econbiz.de/10010516596