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The macroeconomic policy challenges of balance sheet recession : lessons from Japan for the European crisis

Schnabl, Gunther - 2013

The paper compares the boom-and-bust cycles in Japan and Europe with respect to the reasons for excessive booms, the characteristics of the crises, and the (potential) effects of the crisis therapies. As in Japan the consequence of expansionary monetary and fiscal policies is the hysteresis of...

Persistent link: https://www.econbiz.de/10009743745

La cura letale : [chi sta facendo fallire l'Italia, e come l'Europa sta peggiorando le cose ; un economista non allineato spiega perché di austerità si muore e come invece è ancora...

Seminerio, Mario - 2012

Persistent link: https://www.econbiz.de/10010191758

Europe's crisis, Europe's future

Derviş, Kemal (ed.); Mistral, Jacques (contributor) - 2014

Persistent link: https://www.econbiz.de/10010357434

Reflections on the Eurozone’s challenges

Götz, Marta - In: Contemporary economics 7 (2013) 4, pp. 5-24

This paper considers the primary challenges faced by the Eurozone and caused by the 2008+ crisis. It suggests that one … are occurring or likely to occur in the Eurozone. However, the intertwined character of these challenges and their … persist and that no easy solution can be expected soon. A simple evaluation of the Eurozone’s macroeconomic stability based on …

Persistent link: https://www.econbiz.de/10010228482

The politics of fiscal austerity : democracies and hard choices

Posner, Paul L.; Sommerfeld, Matthew - In: OECD journal on budgeting (2013) 1, pp. 141-174

Persistent link: https://www.econbiz.de/10010243658

What happened in Cyprus? : the economic consequences of the last communist government in Europe

Orphanides, Athanasios - 2014

This paper reviews developments in the Cypriot economy following the introduction of the euro on 1 January 2008 and leading to the economic collapse of the island five years later. The main cause of the collapse is identified with the election of a communist government in February 2008, within...

Persistent link: https://www.econbiz.de/10010387171