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Competitiveness and its Leverage in a Currency Union or How Germany Gains from the Euro

Skouras, Thanos - 2016

enhances Germany's gain from the euro …

Persistent link: https://www.econbiz.de/10012987648

Competitiveness in a Currency Union and Its Leverage or How Germany Gains from the Euro

Skouras, Thanos - 2016

euro …

Persistent link: https://www.econbiz.de/10012989338

A theory of economic policy lock-in and lock-out via hysteresis: rethinking economists' approach to economic policy

Palley, Thomas - 2017

illustrated with examples that include tax policy, government spending, the euro, globalization, and the neoliberal policy …

Persistent link: https://www.econbiz.de/10011669507

A theory of economic policy lock-in and lock-out via hysteresis : rethinking economists' approach to economic policy

Palley, Thomas - 2016

dialed up or down, depending on the economy's state. Lock-in policy is illustrated by the euro, globalization, and the …

Persistent link: https://www.econbiz.de/10011572435

The Impact of the Recovery and Resilience Facility on the Greek Economy

Malliaropulos, Dimitris; Papageorgiou, Dimitris; … - 2022

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

Economic Stability and Economic Governance in the Euro Area : What the European Crisis Can Teach on the Limits of Economic Integration

Lupo-Pasini, Federico - 2013

The recent European economic crisis has dramatically exposed the failures of the various institutional mechanisms in place to maintain economic stability in Europe, and has unveiled the difficulty in achieving international coordination on fiscal and financial stability policies. Drawing on the...

Persistent link: https://www.econbiz.de/10013085690

Institutions and Resource Misallocation : Firm-level Evidence

Pellegrino, Bruno - 2019

Measures of institutional quality are strong predictors of cross-country differences in income and productivity. The institutional economics literature has long maintained that one way institutions influence economic growth is by impacting the efficient allocation of production factors across...

Persistent link: https://www.econbiz.de/10012900823

Economics, Politics and the 2004 Election : Electoral Victory and Statistical Defeat

Nordhaus, William D. - 2006

The 2004 election has been interpreted as a resounding victory for conservative values. Was it in fact a mandate? The present analysis examines recent electoral outcomes and the 2004 election with particular reference to economic and political fundamentals. Looking at both aggregate results and...

Persistent link: https://www.econbiz.de/10014062017

The renaissance of ordoliberalism in the 1970s and 1980s

Krieger, Tim; Nientiedt, Daniel - 2022

The economic tradition of ordoliberalism, understood as the theoretical and policy ideas of the Freiburg School, emerged in 1930s and 1940s Germany. In the years thereafter, it was quickly superseded by Keynesianism and other theories imported from the English-speaking world. The crisis in...

Persistent link: https://www.econbiz.de/10013471530

Greece Before and After the Euro : Macroeconomics, Politics and the Quest for Reforms

Alogoskoufis, George - 2021

This paper analyses developments in the Greek economy before and after the euro. The main thesis is that the imbalances … to the euro area with major structural and fiscal imbalances and low and deteriorating international competitiveness, led … domestic political and social constraints, both before and after euro area entry. In view of the institutional weaknesses of …

Persistent link: https://www.econbiz.de/10013238684