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The ECB's Fiscal Policy / Hans-Werner Sinn.
- Format:
- Book
- Author/Creator:
- Sinn, Hans-Werner.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w24613.
- NBER working paper series no. w24613
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2018.
- Summary:
- 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.
- Notes:
- Print version record
- May 2018.
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