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Potential output measures a country's attainable aggregate living standard and is thus one of the most important categories of economics. It is also a key indicator for monetary and fiscal policy. Despite its prominence, however, potential output is a difficult concept to pinpoint theoretically...
Persistent link: https://www.econbiz.de/10005764557
After the onset of the global financial and economic Crisis of 2008, the G20 leaders have repeatedly promised to re-regulate the financial sector and tackle global imbalances. This study examines in how far these promises have been met by action. In contrast to public perception, it is shown...
Persistent link: https://www.econbiz.de/10010547817
The study examines public statements by German politicians and economic policy advisors on questions of deregulation. The period covered stretches from the former chancellor Gerhard Schröder's speech on the Agenda 2010 reform package in early 2003 until the beginning of the financial crisis in...
Persistent link: https://www.econbiz.de/10008479326