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cases, the stringency of the lockdown, and the fiscal and monetary policy response determined the dynamics of portfolio … financing needs in affected economies. Lockdown and fiscal policy measures also led to an increase in portfolio flows; however …
Persistent link: https://www.econbiz.de/10013234704
on economic life to contain the COVID-19 (Coronavirus) pandemic. In the first half of 2020, the world has seen explosive …
Persistent link: https://www.econbiz.de/10012384742
In this paper,we assess the impact ofmajor German structural reforms from1999 to 2008 on key macroeconomic variables within a two-country monetary union DSGE model. Bymany, these reforms, especially the Hartz reforms on the labormarket, are considered to be the root of thereafter observed...
Persistent link: https://www.econbiz.de/10010429216
In this paper, we assess the impact of major German structural reforms from 1999 to 2008 on key macroeconomic variables. By many, these reforms, especially the Hartz reforms on the labor market, are considered to be the root of observed imbalances in the Euro Area. Our simulations within a...
Persistent link: https://www.econbiz.de/10011316580
Persistent link: https://www.econbiz.de/10013369651
The coronavirus pandemic triggered strong political action across Europe. Mandatory restrictions to increase social … lockdown policy on the excess death rate was at best limited, while the economic costs were significant. The Swedish policy of … those countries that pursued more stringent lockdown policies. While we make no claims of presenting a comprehensive study …
Persistent link: https://www.econbiz.de/10014390569
Persistent link: https://www.econbiz.de/10014439477
Persistent link: https://www.econbiz.de/10014531971
There is a feeling that the wisdom of monetarism has vanished during the last decade. Exceptional interventions of the Federal Reserve (FED) and the European Central Bank (ECB) have barely avoided deflation and have achieved delayed and modest growth. The absence of a solid monetarist...
Persistent link: https://www.econbiz.de/10012830694
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