Similar Search Results

Guidelines for sustained growth in the EU? : the concept and consequences of the broad economic policy guidelines ; [Paper prepared for the 2nd conference “Development in Economic...

Hein, Eckhard; Niechoj, Torsten - 2005

The Broad Economic Policy Guidelines contain the answers of the European Commission and the governments of the EU-member countries to the European growth and employment problems. These guidelines have been the major EU-economic policy concept for around ten years now. They can be seen as a...

Persistent link: https://www.econbiz.de/10003744521

The Eurozone in crisis : a Kaleckian macroeconomic regime and policy perspective

Hein, Eckhard; Martschin, Judith - 2020

The current Covid-19 Crisis 2020 has hit the Eurozone in a highly fragile situation, with a weak and asymmetric recovery from the Great Financial Crisis, the Great Recession and the following Eurozone Crisis. These crises have also revealed the weaknesses of the macroeconomic policy institutions...

Persistent link: https://www.econbiz.de/10012239654

Monetary policy, macroeconomic policy mix and economic performance in the Euro area

Hein, Eckhard; Truger, Achim - 2006

In order to explain slow growth and high unemployment in the Euro area, in particular if compared to the USA, we follow a macroeconomic policy view focussing on the more restrictive stance of monetary, fiscal and wage policies in the Euro area. In the present paper we focus on the particular...

Persistent link: https://www.econbiz.de/10003744533

Fiscal policy and macroeconomic performance in the Euro area : lessons for the future

Hein, Eckhard; Truger, Achim - 2006

Seit dem Begin der Europäischen Währungsunion (EWU) steht die Finanzpolitik in den Staaten des Euroraums ganz im … der Finanzpolitik für den Zeitraum von 2001 bis 2005 im Euroraum und seinen einzelnen Mitgliedsstaaten und vergleicht sie … mit denen der Finanzpolitik in den USA. Während die US-Finanzpolitik aktiv anti-zyklisch dem Abschwung entgegengewirkt hat …

Persistent link: https://www.econbiz.de/10003744534

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 area and its fiscal compact. In this paper we fundamentally criticize the debt brake. We show that (1) it suffers from serious shortcomings, and its success is far from certain...

Persistent link: https://www.econbiz.de/10010187671

The European financial and economic crisis : alternative solutions from a (post-) Keynesian perspective

Hein, Eckhard; Truger, Achim; Treeck, Till van - 2011

The financial and economic crisis in the Euro area has revealed a number of important flaws in the economic policy framework in Europe. On the one hand, the imbalances, which have dominated European development since the introduction of the euro, are not sustainable; and this is more serious in a...

Persistent link: https://www.econbiz.de/10009530390

Future fiscal and debt policies : Germany in the Context of the European Monetary Union

Hein, Eckhard; Truger, Achim - 2013

Currently fiscal policies in Germany seem to be in a very comfortable position and the German Debt Brake is regarded as an institutional precondition for this success and has been exported to the Euro area in the guise of the Fiscal Compact. In this paper we scrutinize German fiscal policies and...

Persistent link: https://www.econbiz.de/10009756271

The crisis of finance-dominated capitalism in the euro area, deficiencies in the economic policy architecture, and deflationary stagnation policies

Hein, Eckhard - 2012

In this paper the euro crisis is interpreted as the latest episode in the crisis of finance-dominated capitalism. For 11 initial Euro area countries, the major features of finance-dominated capitalism are analyzed; specifically, the increasing inequality of income distribution and the rising...

Persistent link: https://www.econbiz.de/10009631541

Macroeconomic policies, wage developments, and Germany's stagnation : [Paper presented at the conference: Germany's Economic Performance: From Unification to Euroisation, Anglo-Ger...

Hein, Eckhard; Truger, Achim - 2005

, einer zu restriktiven und teilweise prozyklischen Finanzpolitik sowie einer übermäßig zurückhaltenden Lohnpolitik in …

Persistent link: https://www.econbiz.de/10003744520