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Can Severe Fiscal Contractions be Expansionary? Tales of Two Small European Countries
Giavazzi, Francesco - 1990
According to conventional wisdom, a fiscal consolidation is likely to contract real aggregate demand. It has often been argued, however, that this conclusion is misleading as it neglects the role of expectations of future policy: if the fiscal consolidation is read by the private sector as a...
Persistent link: https://www.econbiz.de/10012475661
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Fiscal Policy in Europe : A Helicopter View
Bilbiie, Florin O. - 2020
persistent, unidirectional transfers between countries, an issue that largely reflects a Northern vs. Southern Europe divide …
Persistent link: https://www.econbiz.de/10012482336
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Migration and Fiscal Externality : US vs. Europe
Razin, Assaf - 2020
The paper compares migration policy and welfare state generosity between America and Europe. There is more selective … may explain in part these US-Europe differences in policies …
Persistent link: https://www.econbiz.de/10012482345
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The Effects of the Ageing European Population on Economic Growth and Budgets : Implications for Immigration and Other Policies
Feldstein, Martin S. - 2006
The ageing of the population presents a major fiscal challenge for the countries of Europe. The combination of …
Persistent link: https://www.econbiz.de/10012465924
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The Rise of Europe : Atlantic Trade, Institutional Change and Economic Growth
Acemoglu, Daron - 2002
This paper documents that the Rise of (Western) Europe between 1500 and 1850 is largely accounted for by the growth of …. Atlantic trade and colonialism affected Europe both directly, and indirectly by inducing institutional changes. In particular …, thus enabling new merchants in these countries to benefit from Atlantic trade. Therefore, the Rise of Europe was largely …
Persistent link: https://www.econbiz.de/10012469325
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The GATT's Contribution to Economic Recovery in Post-War Western Europe
Irwin, Douglas A. - 1994
(GATT) in promoting economic recovery and growth in Europe in the decade after World War II. The formation of the GATT does …
Persistent link: https://www.econbiz.de/10012473955
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Princes and Merchants : European City Growth before the Industrial Revolution
De Long, J. Bradford - 1993
As measured by the pace of city growth in western Europe from 1000 to 1800. absolutist monarchs stunted the growth of …
Persistent link: https://www.econbiz.de/10012474688
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Demographic Obstacles to European Growth
Cooley, Thomas F. - 2019
Since the early 1990's the growth rates of the four largest European economies--France, Germany, Italy, and the United Kingdom--have slowed. This persistent slowdown suggests a low-frequency structural change is at work. A combination of longer individual life expectancies and declining...
Persistent link: https://www.econbiz.de/10012480447
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Choosing between Growth and Glory
Belenzon, Sharon - 2018
Prior work has established that the financing environment can impact firm strategy. We argue that this influence can shape the earliest strategic choices of a new venture by creating a potential tradeoff between two objectives: rapid growth and reaping the benefits of a positive reputation...
Persistent link: https://www.econbiz.de/10012480556
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Technology Diffusion and Postwar Growth
Comin, Diego A. - 2010
In the aftermath of World War II, the world's economies exhibited very different rates of economic recovery. We provide evidence that those countries that caught up the most with the U.S. in the postwar period are those that also saw an acceleration in the speed of adoption of new technologies....
Persistent link: https://www.econbiz.de/10012462278