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increase risk premia measured by relative swap spreads. The effect of deficits is significantly lower under EMU. This effect …
Persistent link: https://www.econbiz.de/10010295824
increase risk premia measured by relative swap spreads. The effect of deficits is significantly lower under EMU. This effect …
Persistent link: https://www.econbiz.de/10005083235
Since 2008, the world economy has been facing the consequences of the global financial crisis. As a result, many economic policy paradigms have been revised, and this process is far from complete. The policy area, which needs a fundamental rethinking (especially in advanced economies), relates...
Persistent link: https://www.econbiz.de/10011706402
shocks, discretionary measures remain ill-timed from a stabilisation perspective even when observable and politically more …
Persistent link: https://www.econbiz.de/10012306605
Persistent link: https://www.econbiz.de/10012014957
Persistent link: https://www.econbiz.de/10012016353
Since 2008, the world economy has been facing the consequences of the global financial crisis. As a result, many economic policy paradigms have been revised, and this process is far from complete. The policy area, which needs a fundamental rethinking (especially in advanced economies), relates...
Persistent link: https://www.econbiz.de/10011725514
better balance the objectives of macroeconomic stabilisation and debt sustainability: first, accounting for persistent …
Persistent link: https://www.econbiz.de/10012422041
shocks, discretionary measures remain ill-timed from a stabilisation perspective even when observable and politically more …
Persistent link: https://www.econbiz.de/10012425565
Ireland’s banking crisis, one of the most severe in the OECD area, and the associated economic recession have taken a heavy toll on public finances. Large public deficits have accumulated since 2008 and net public debt, which had been eliminated, has soared once again. The rapid deterioration...
Persistent link: https://www.econbiz.de/10009364451