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| Author: | Carstensen, K. (et al.) |
| Title: | Euroland: Stagnation wird allmählich überwunden |
| Journal: | Weltwirtschaft
2003 : 3, p. 265-298 |
| Index terms: | Fiscal policy Gross National Product European Union |
| Language: | ger |
| Abstract: | The empirical evidence suggests that there is no systematic link between changes in the stance of fiscal policy andthe output gap. So the risk is that these new experiments may fail as well. The credibility would decline further, and nothing would be gained in terms of stabilizing the economy (original in German). |
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