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The paper examines economic and political challenges of joining the euro area in the case of Poland. After reviewing … the economic developments since the pre-accession period and assessing economic convergence with the euro area the paper … focuses on the political and institutional challenges of acceding to the euro zone. Special attention is given to the effect …
Persistent link: https://www.econbiz.de/10010625521
This paper analyzes the causes and implications of recent financial crises. Financial crises in general lead to changes in both theory and practice of economics. The paper takes an historical overview. The global consensus of economic theory during the 20th century is discussed. The paper...
Persistent link: https://www.econbiz.de/10009145755
We analyse the impact of industry on non industrial production, as well as its effect on wages and employment in 6 OECD countries: France, Germany, Italy, Spain, the United Kingdom and the United States for the period 1960-2012. Our approach to macro-econometric modelling have into account both...
Persistent link: https://www.econbiz.de/10010748308
This study assesses the potential macroeconomic impact of the stimulus and the structural reforms supported by the Recovery and Resilience Facility (RRF) on the Greek economy. The set-up is a Dynamic Stochastic General Equilibrium (DSGE) model that is augmented to account for the main features...
Persistent link: https://www.econbiz.de/10014077832
governments by the only institution in Europe elected by its citizens. The budget proposal for 2014-2020 (the Multi …
Persistent link: https://www.econbiz.de/10011134442
Persistent link: https://www.econbiz.de/10011689933
a certain critical level. The sample covers during the period 2000–2007 commercial baking sector of Europe and USA. The …
Persistent link: https://www.econbiz.de/10013118499
Persistent link: https://www.econbiz.de/10011704678
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Persistent link: https://www.econbiz.de/10005018001
In the past 6 years the Greek economy has gone through a massive adjustment at a steep price. The economy finally grew in 2014, by 0.6 percent, but the recovery is weak, slow and fragile. This paper argues that prolonged mass unemployment and reduced living standards, brought about by years of...
Persistent link: https://www.econbiz.de/10011162530