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This study was prepared by Sven Neelsen while he was working with the ifo Institute for Economic Research. It was completed in December 2011 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in May 2012. The study investigates long-run effects of...
Persistent link: https://www.econbiz.de/10011698336
Die Autoren zeigen, dass Griechenland trotz des Abschlusses der über acht Jahre dauernden Rettungsprogramme und einer … Investoren zu verbessern und neues Vertrauen in den Standort Griechenland zu schaffen. … during the last years, Greece still faces serious economic problems. Even though the debt crisis was temporarily defused by a …
Persistent link: https://www.econbiz.de/10011936231
This Policy Brief offers a comprehensive evaluation and comparison of the regulatory frameworks governing platform work in four European countries. The comparative analysis draws upon research conducted by the OECD and the World Economic Forum (WEF) on the principles of good regulation. Adapting...
Persistent link: https://www.econbiz.de/10014560206
The dissertation includes four studies broadly connected to the causes and consequences of the Global Financial Crisis of 2007-8 from a political economy perspective. Following the intro-duction, Chapter 2 analyzes the political roots of massive foreign reserves accumulation, which has...
Persistent link: https://www.econbiz.de/10011698361
Persistent link: https://www.econbiz.de/10013362877
The European Central Bank (ECB) increased the emergency liquidity assistance (ELA) for Greek banks from €50 billion in February 2015 to approximately €90 billion in June 2015. Its actions were accompanied by a discussion among academics, politicians and practitioners regarding the legitimacy...
Persistent link: https://www.econbiz.de/10011331374
This paper discusses why Greece has done so poorly in comparison with all other European Union countries since the … onslaught of the global financial crisis in 2008. To show what was wrong with its fiscal adjustment, this paper compares Greece …, 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/10011430931
expenses between 2010 and mid-2015. That is, Germany benefited from the Greek crisis even in case that Greece defaults on all …
Persistent link: https://www.econbiz.de/10011489830
In a recent IWH online note, the IWH suggested that due to “flight to safety” effects, Germany was able to issue government debt at lower rates than otherwise would have been possible. The total savings was calculated to be around Euro 100 billion or about 3 percent of German GDP. This note...
Persistent link: https://www.econbiz.de/10011489831
This chapter examines the recent evolution of inflation and its drivers in Greece, as well as the policies undertaken … to limit its increase and mitigate its impact on households and firms. Greece is an interesting case as the current … detrimental effect on wage earners in Greece with real wages falling, while the wage share has also been in steady decline. Profit …
Persistent link: https://www.econbiz.de/10014278581