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-deficit effect is particularly pronounced in the case of expenditure cuts and in Eurozone countries. These findings are in line with …
Persistent link: https://www.econbiz.de/10012157972
-deficit ffect is particularly pronounced in the case of expenditure cuts and in Eurozone countries. These findings are in line with …
Persistent link: https://www.econbiz.de/10012162382
We estimate a three-country model using 1995-2013 data for Germany, the Rest of the Euro Area (REA) and the Rest of the World (ROW) to analyze the determinants of Germany's current account surplus after the launch of the Euro. The most important factors driving the German surplus were positive...
Persistent link: https://www.econbiz.de/10013054630
wachsenden Ungleichgewichte der Leistungsbilanzen in der Eurozone. Wir testen ob die Europäische Währungsunion diese … mit einer Regimeverschiebung von Nachhaltigkeit zu Unnachhaltigkeit der Außenverschuldung in der Eurozone verbunden ist. …
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