Lebrun, Igor; Ruiz, Esther Pérez - International Monetary Fund (IMF) - 2014
The need to revive Euro area growth highlights the importance of the evolution of domestic and external demand in the … core. This paper puts recent demand patterns in France, Germany, and Belgium into historical perspective. We find that …, first, dynamics for private consumption, non-residential business investment, and exports since 2008 is dominated by …