Showing 1 - 10 of 5,608
In this paper we derive the correct solution of optimal closure of the state sector studied in Section 6.4 of Aghion and Blanchard (1994). Aghion and Blanchard only present an 'approximate' solution which entails a constant unemployment rate in what they call a turnpike approximation. We show...
Persistent link: https://www.econbiz.de/10009730397
This paper argues that the re-emergence of stagnation tendencies in modern capitalism can be related to financialisation and its macroeconomic failures leading to the recent crises, and in particular to the macroeconomic responses towards the crisis and the respective regime shifts in mature...
Persistent link: https://www.econbiz.de/10011661571
(AA). Syria initialled an AA with the European Union in October 2004, but two and a half years later, this agreement is … ; Credibility ; Commitment ; Signalling ; European Mediterranean Partnership ; Syria … Analyserahmen auf das Beispiel des Syrisch-Europäischen Assoziierungsabkommens angewendet. Syrien initialisierte im Oktober 2004 ein …
Persistent link: https://www.econbiz.de/10008905880
This paper analyzes recent macroeconomic developments in the eurozone, particularly in Germany. Several economic indicators are sending signals of a looming German recession. Geopolitical tensions caused by trade disputes between the United States and China, plus the risk of a disorderly Brexit,...
Persistent link: https://www.econbiz.de/10012165421
Persistent link: https://www.econbiz.de/10012692361
Persistent link: https://www.econbiz.de/10009726548
Major economic reforms have been carried through in Sweden during the last two decades. Most of the reforms have been made in response to long-standing rather than to acute problems. There has usually been a strong perception among economists, policy makers and the general public of the problems...
Persistent link: https://www.econbiz.de/10009532656
Der Beitrag analysiert die Argentinien-Krise, vergleicht die makroökonomische Entwicklung von Argentinien, Brasilien, Chile und Mexiko seit der Mexiko-Krise und entwickelt Indikatoren zur Beurteilung der Entwicklungschancen dieser Länder. Für Argentinien wie für Brasilien, Chile und Mexiko...
Persistent link: https://www.econbiz.de/10011491158
The European Union growth agenda has become even more pressing because growth is needed to support public and private sector deleveraging, reduce the fragility of the banking sector, counter the falling behind of southern European countries and prove that Europe is still a worthwhile place to...
Persistent link: https://www.econbiz.de/10009564635