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Union to survive, rather than to disparities in the level of competitiveness among countries of the Eurozone. This crisis of …
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Using data from a unique survey of members of parliaments in France, Germany and Italy in 2018, we estimate the effects of three dimensions on EU and euro area fiscal reform preferences: nationality, political ideology, and populism. We predict and confirm that a German populist party on the...
Persistent link: https://www.econbiz.de/10012596720
In terms of macroeconomic performance, the Eurozone’s first decade is a story of successful inflation-targeting by the …. That this did not happen in the Eurozone appears to be related to the presence of non-rational wage setters in a number of …
Persistent link: https://www.econbiz.de/10009793391
"the technique of recovery" to work via the TARGET2 payment system, which is organized along Keynes' International Clearing …
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This paper studies the experiences with fiscal adjustments in the European Union (EU) countries during the transition period to the Economic and Monetary Union (EMU). Using several approaches suggested in the literature on fiscal adjustments and their macroeconomic effects and in the literature...
Persistent link: https://www.econbiz.de/10001623586
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In 2011, Portugal was subjected to one of the most stringent austerity packages implemented during the Eurozone crisis …
Persistent link: https://www.econbiz.de/10012310813