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With the outbreak of the financial crisis in 2008, European governments extensively intervened to avert a severe … than right-wing governments. As a crisis response, one could assume that European governments, especially social … how European governments mitigated the fiscal stress from the crisis. The findings show that fiscal pressures …
Persistent link: https://www.econbiz.de/10010307861
The central cause for the crisis in Europe is not undisciplined spending by profligate states, but the asymmetric …
Persistent link: https://www.econbiz.de/10010325111
to the 2008 crisis and to determine whether the ex-ante differences in corporate financial structure had an impact on the … severity of the 2008 financial crisis in European countries. The analysis confirms a negative relationship between the … corporate debt ratio prior to the crisis and crisis-induced contractions in corporate investment and GDP. The results indicate a …
Persistent link: https://www.econbiz.de/10011551388
This contribution contends that the European Union (EU) has taken an authoritarian turn in the past crisis decade … and the European level. On the one hand, the distinct European emergency politics that characterized the euro crisis have …
Persistent link: https://www.econbiz.de/10011996986
. First, the prime minister's office harnesses a crisis to acquire hierarchical control of position-taking. Second, to exploit …'s office, eventually retains the administrative capacities created in crisis. We illustrate this causal mechanism in a …
Persistent link: https://www.econbiz.de/10012619021
Die Mobilität von Erwerbspersonen innerhalb der Europäischen Union - gemessen anhand des Anteils der EU-Ausländer in Ländern der EU-15 an allen EU-Erwerbspersonen - ist im Zeitraum von 2007 bis 2012 um etwa ein Viertel auf knapp 3,1 Prozent gestiegen. Dies ist vor allem auf vermehrte...
Persistent link: https://www.econbiz.de/10010378279
of the present economic crisis. To do so, we use an econometrically calibrated simulation and a case study of Ireland. We … find that, in the short run, the crisis is likely to lead to a somewhat lower stock of migrants from the new member states … in the EU15 than would have been the case without the crisis on account of diminished job opportunities for migrants. By …
Persistent link: https://www.econbiz.de/10010494399
-9 crisis. Combining product-level data on AD cases with detailed import data, we fail to find clear signs of a major trade … policy change since the outbreak of the crisis. Our findings suggest that the EU largely remained on its pre-crisis path of …, remaining at a relatively high level also during the crisis.The patterns we reveal do not appear to be driven by a few outlying …
Persistent link: https://www.econbiz.de/10010313405
of the present economic crisis. To do so, we use an econometrically calibrated simulation and a case study of Ireland. We … find that, in the short run, the crisis is likely to lead to a somewhat lower stock of migrants from the new member states … in the EU15 than would have been the case without the crisis on account of diminished job opportunities for migrants. By …
Persistent link: https://www.econbiz.de/10010317305
novel econometric evidence by accounting for times of crisis (2008-2013) and economic recovery (2014-2015). To achieve these …-to-date database available encompassing 16 EU countries over the time-period 2000-2015. The paper accounts for times of crisis (2008 … 66 percent of growth. Second, when accounting for times of crisis (2008-2013), in contrast to tangible capital, the paper …
Persistent link: https://www.econbiz.de/10012145566