With the spectre of a recession looming in the eurozone (and elsewhere), the policy question arises as to how much leeway do the fiscal authorities in the eurozone have to follow counter-cyclical fiscal policies aimed at providing some stimulus to the economy
The financial stability of the eurozone depends on its macroeconomic stability and vice versa. We co...
It is argued the current eurozone crisis is neither new nor surprising. Fiscal discipline in the eur...
According to the so-called ‘fiscal theory of the price level’ (FTPL), under a non-Ricardian regime t...
With the spectre of a recession looming in the eurozone (and elsewhere), the policy question arises ...
This paper examines the impact of rebalancing the policy mix away from monetary towards fiscal stimu...
There are two possible readings of the current situation in the Eurozone (EZ). The first is to focus...
In the last two weeks the European Central Bank (ECB) decided to launch new LTRO and T-LTRO programs...
In this paper we suggest that Eurozone countries face a policy trade-off between: (1) a common rule ...
Sooner or later, the ECB must accept that monetary financing in support of deficit spending is a nec...
On the 30th of August, Governing Council of the ECB decided to lower the key interest rates by 25 ba...
We assess the cyclicality of fiscal policy in the 19 Euro area countries, notably during recessions,...
This Policy brief presents the last OFCE forecasts on the euro area countries and addresses the issu...
Europe has responded to the crisis with strengthened budgetary and macroeconomic surveillance, the c...
At its meeting on 8 November, the Governing Council of the ECB decided to reduce the minimum bid rat...
The textbook response to deteriorating economic performance is monetary easing, the lowering of offi...
The financial stability of the eurozone depends on its macroeconomic stability and vice versa. We co...
It is argued the current eurozone crisis is neither new nor surprising. Fiscal discipline in the eur...
According to the so-called ‘fiscal theory of the price level’ (FTPL), under a non-Ricardian regime t...
With the spectre of a recession looming in the eurozone (and elsewhere), the policy question arises ...
This paper examines the impact of rebalancing the policy mix away from monetary towards fiscal stimu...
There are two possible readings of the current situation in the Eurozone (EZ). The first is to focus...
In the last two weeks the European Central Bank (ECB) decided to launch new LTRO and T-LTRO programs...
In this paper we suggest that Eurozone countries face a policy trade-off between: (1) a common rule ...
Sooner or later, the ECB must accept that monetary financing in support of deficit spending is a nec...
On the 30th of August, Governing Council of the ECB decided to lower the key interest rates by 25 ba...
We assess the cyclicality of fiscal policy in the 19 Euro area countries, notably during recessions,...
This Policy brief presents the last OFCE forecasts on the euro area countries and addresses the issu...
Europe has responded to the crisis with strengthened budgetary and macroeconomic surveillance, the c...
At its meeting on 8 November, the Governing Council of the ECB decided to reduce the minimum bid rat...
The textbook response to deteriorating economic performance is monetary easing, the lowering of offi...
The financial stability of the eurozone depends on its macroeconomic stability and vice versa. We co...
It is argued the current eurozone crisis is neither new nor surprising. Fiscal discipline in the eur...
According to the so-called ‘fiscal theory of the price level’ (FTPL), under a non-Ricardian regime t...
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