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Fiscal policy, banks and the financial crisis

Kollmann, Robert; Ratto, Marco; Roeger, Werner; in't … - 2012

stabilize output, but crowded out consumption. Higher transfers to households had a positive impact on private consumption, but …

Persistent link: https://www.econbiz.de/10011506754

Monetary and macroprudential policies in an estimated model with financial intermediation

Gelain, Paolo; Ilbas, Pelin - 2014

We estimate the Smets and Wouters (2007) model augmented with the Gertler and Karadi (2011) financial intermediation sector on US data by using real and financial observables. Given the framework of the estimated model, we address the question whether and how standard monetary policy should...

Persistent link: https://www.econbiz.de/10011506778

The effects of state aid on Total Factor Productivit growth

Van Cayseele, Patrick; Konings, Jozef; Sergant, Ilona - 2014

This paper analyzes the relationship between state aid and ?rm performance in terms of productivity growth. To this end, we use all European state aid cases that were granted (either to an individual ?rm or a group of ?rms under the form of a scheme) in manufacturing between 2003 and 2011. Our...

Persistent link: https://www.econbiz.de/10011506784

What causes the delay in reforms in Europe?

Rieth, Malte; Gehrt, Lisa - 2016

The academic literature provides no clear answer to this question. In principle, the recent slowdown in reform activity and fiscal consolidation in the euro area may derive from several developments. Potential reasons involve the end of the economic recession, the provision of financial...

Persistent link: https://www.econbiz.de/10011509274

CGE-based methods to measure the impact of trade liberalization on poverty

Teichmann, Isabel - 2016

, the results can also be driven by the specific method used to measure the impact of the trade-policy reform on poverty … methods to separate the impact of a given trade-policy reform from any other shock affecting the economy in the observation … Teh 2005; Winters et al. 2004). Their strength, in turn, is to reveal possible orders of magnitude of a policy impact, to …

Persistent link: https://www.econbiz.de/10011520802

Ernüchternde Bilanz der EU-Strukturfonds

Breidenbach, Philipp - 2016

Neue Forschungsergebnisse zeigen: Die 450 Milliarden Euro schwere Regionalförderung der EU hat keine positive Wirkung auf das Wachstum. - Die EU-Strukturfonds machen in der Finanzperiode von 2014 bis 2020 erstmals den größten Haushaltsposten der Europäischen Union (EU) aus. Bisherige...

Persistent link: https://www.econbiz.de/10011520884

Employment and income effects of improved cook stove and pico-solar interventions: An impact evaluation of the EnDev Kenya Programme

Bensch, Gunther; Jersch, Nicolas; Kluve, Jochen; … - 2016

[Background] This report presents results of an impact evaluation of a market-based energy access intervention …

Persistent link: https://www.econbiz.de/10011528132

How great is Latvia's success story? The economic, social and political consequences of the recent financial crisis in Latvia

Austers, Aldis - In: Intereconomics 49 (2014) 4, pp. 228-238

The current state of Latvia can be best described in medical terms: the patient is pale, but alive. The financial woes have been successfully resolved, but economic, social and political challenges remain. The crisis is continuing to affect the fabric of social and political life in Latvia. This...

Persistent link: https://www.econbiz.de/10011530753

Folgen der Sanktionen zwischen der EU und Russland für die deutsche Wirtschaft

Günther, Jutta; Kristalova, Maria; Ludwig, Udo - In: Wirtschaftsdienst 96 (2016) 7, pp. 524-526

Persistent link: https://www.econbiz.de/10011530897

Essays on macroeconomic effects of fiscal policy rules

Railavo, Jukka - 2006

Economic and Monetary Union (EMU) can be characterised as a complicated set of legislation and institutions governing monetary and fiscal responsibilities.The measures of fiscal responsibility are to be guided by the Stability and Growth Pact (SGP), which sets rules for fiscal policy and makes a...

Persistent link: https://www.econbiz.de/10012148897