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Fiscal policy and rebalancing in the Euro area : a critique of the German debt brake from a Post-Keynesian perspective
Hein, Eckhard; Truger, Achim - 2013
The German debt brake is often regarded as a great success story, and has therefore served as a role model for the Euro … fiscal policy from contributing to the necessary rebalancing in the Euro area; and (3) alternative scenarios, which could … Euro area, are extremely unlikely, as they would have to rely on unrealistic shifts in the functional income distribution …
Persistent link: https://www.econbiz.de/10010187671
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Trust in government and fiscal adjustments
Bursian, Dirk; Weichenrieder, Alfons J.; Zimmer, Jochen - 2013
The paper looks at the determinants of fiscal adjustments as reflected in the primary surplus of countries. Our conjecture is that governments will usually find it more attractive to pursue fiscal adjustments in a situation of relatively high growth, but based on a simple stylized model of...
Persistent link: https://www.econbiz.de/10009764994
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Trust in government and fiscal adjustments
Bursian, Dirk; Weichenrieder, Alfons J.; Zimmer, Jochen - 2013
The paper looks at the determinants of fiscal adjustments as reflected in the primary surplus of countries. Our conjecture is that governments will usually find it more attractive to pursue fiscal adjustments in a situation of relatively high growth, but based on a simple stylized model of...
Persistent link: https://www.econbiz.de/10010225802
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Budget crisis in the PIGS countries, monetary independence and hyperinflation
Sokic, Alexandre - In: International journal of applied economics and … 22 (2014) 4, pp. 117-132
Persistent link: https://www.econbiz.de/10010396186
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Trust in government and fiscal adjustments : conference paper
Bursian, Dirk; Weichenrieder, Alfons J.; Zimmer, Jochen - 2014
The paper looks at the determinants of fiscal adjustments as reflected in the primary surplus of countries. Our conjecture is that governments will usually find it more attractive to pursue fiscal adjustments in a situation of relatively high growth, but based on a simple stylized model of...
Persistent link: https://www.econbiz.de/10010483952
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Fiscal spillovers in the euro area
Attinasi, Maria-Grazia; Lalik, Magdalena; Vetlov, Igor - In: Essays in macroeconomics, (pp. 63-94). 2016
Persistent link: https://www.econbiz.de/10012300756
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Fiscal spillovers in the euro area a model-based analysis
Attinasi, Maria-Grazia; Lalik, Magdalena; Vetlov, Igor - 2017
The fiscal consolidation measures adopted in many euro area countries over 2010-13 reduced excessive domestic fiscal …-based simulations for the euro area with a view to gauge the cross-country impact of the fiscal measures adopted over 2010-13. The paper …-border fiscal spillovers in the euro area. However, once the analysis takes into account the remaining channels (e.g. monetary …
Persistent link: https://www.econbiz.de/10011636202
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Interactions between fiscal multipliers and sovereign risk premium during fiscal consolidation : model based assessment for the euro area
Lalik, Magdalena - 2017
The paper presents a model-based assessment of fiscal multipliers operating in the euro area during the period 2011 …
Persistent link: https://www.econbiz.de/10011637498
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Mutualizing Euro Area debt without a fiscal union
Krause, Stefan - In: Revista de ciencias económicas 36 (2018) 2, pp. 23-43
Persistent link: https://www.econbiz.de/10012491032
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An assessment of the euro area fiscal stance since the pandemic
Cepparulo, Alessandra; McDonnell, Clíona; Reitano, … - 2024
Persistent link: https://www.econbiz.de/10014631445