Narrow search
Showing 1 - 10 of 1,248
Cover Image
The benefits of fiscal consolidation in uncharted waters
Rother, Philipp; Schuknecht, Ludger; Stark, Jürgen - 2010
This paper looks at fiscal sustainability and fiscal risks from a comprehensive, global perspective. It argues that the benefits of consolidation have to be re-assessed given that industrialised countries have entered uncharted waters with unsustainable public debt dynamics and enormous...
Persistent link: https://www.econbiz.de/10011606273
Cover Image
Euro zone crisis and EU governance: Tackling a flawed design and inadequate policy arrangements
Daianu, Daniel - 2012
world. Waves of financial deregulation have enhanced systemic risks, via speculative behavior and growing inter …
Persistent link: https://www.econbiz.de/10011430884
Cover Image
Fiscal and monetary policy determinants of the Eurozone crisis and its resolution
Dabrowski, Marek - 2012
quasi-fiscal rescue operations can undermine this consensus and lead to a disintegration of the Eurozone. There are also …
Persistent link: https://www.econbiz.de/10011430901
Cover Image
Monetary policy on the way out of the crisis
von Hagen, Jürgen - 2009
eurozone out of the crisis. He argues that the tentative recovery in the euro area indicates that both monetary and fiscal …
Persistent link: https://www.econbiz.de/10010273710
Cover Image
Warum die Volkswirtschaften der Eurozone den USA und Großbritannien seit der Finanzkrise hinterherhinken: Zur Rolle von Unterschieden in der Geld- und Fiskalpolitik
Heimberger, Philipp - 2016
Finanzkrise im Vergleich von Eurozone, USA und Großbritannien. Die Eurozone erholte sich seit 2010 deutlich schleppender als die … Wirtschaftsräume wird in zwei Dimensionen analysiert; zum einen anhand eines Überblicks zur Geldpolitik der EZB nach dem Ausbruch der … globalen Finanzkrise im Vergleich mit jener der Fed und der Bank of England; zum anderen durch eine Beschäftigung mit der …
Persistent link: https://www.econbiz.de/10012100198
Cover Image
Financial shocks and the macroeconomy: heterogeneity and non-linearities
Hubrich, Kirstin; D’Agostino, Antonello; Cervená, … - 2013
This paper analyses the transmission of financial shocks to the macroeconomy. The role of macro-financial linkages is investigated from an empirical perspective for the euro area as a whole, for individual euro area member countries and for other EU and OECD countries. The following key economic...
Persistent link: https://www.econbiz.de/10011606295
Cover Image
Chancen für einen stabilen Aufschwung. Jahresgutachten 2010/11
Bofinger, Peter; Franz, Wolfgang; Schmidt, Christoph M.; … - 2010
Persistent link: https://www.econbiz.de/10010314604
Cover Image
The global downturn and its impact on euro area exports and competitiveness
di Mauro, Filippo; Forster, Katrin; Lima, Ana - 2010
World trade contracted sharply in late 2008 and early 2009 following the deepening of the financial crisis in September … recorded losses in productivity during this period. Going forward, the recovery in world trade will depend mainly on a … prospects for world and euro area trade and should be strongly resisted. …
Persistent link: https://www.econbiz.de/10011606271
Cover Image
Euro area cross-border financial flows and the global financial crisis
Forster, Katrin; Vasardani, Melina A.; Ca' Zorzi, Michele - 2011
This paper analyses the impact of the global financial crisis on euro area cross-border financial flows by comparing recent developments with the main pre-crisis trends. Two prominent features of the period of turmoil were (i) the sizeable deleveraging of external financial exposures by the...
Persistent link: https://www.econbiz.de/10011606278
Cover Image
The East European financial crisis
Åslund, Anders - 2009
of the world. The five currency boards in the region have lacked credibility. By contrast, inflation targeting has worked …
Persistent link: https://www.econbiz.de/10011430838