G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w24613
来源IDWorking Paper 24613
The ECB's Fiscal Policy
Hans-Werner Sinn
发表日期2018-05-21
出版年2018
语种英语
摘要While the ECB helped mitigate the euro crisis in the aftermath of Lehman, it has stretched its monetary mandate and moved into fiscal territory. This text describes and summarizes the crucial role played by the ECB in the intervention spiral resulting from its bid to manage the crisis. It also outlines ongoing competitiveness problems in southern Europe, discusses the so-called austerity policy of the Troika, comments on QE and presents two alternative paths for the future development of Europe.
主题Macroeconomics ; Monetary Policy ; Financial Economics ; Public Economics ; National Fiscal Issues
URLhttps://www.nber.org/papers/w24613
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/582287
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GB/T 7714
Hans-Werner Sinn. The ECB's Fiscal Policy. 2018.
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