Zobrazeno 1 - 10
of 67
pro vyhledávání: '"Paul van den Noord"'
Autor:
Paola Subacchi, Paul van den Noord
Publikováno v:
Oxford Review of Economic Policy. 39:283-299
An aspect of the ‘exorbitant privilege’ we examine in this paper is the ability of the reserve currency issuer to run expansionary fiscal policies to stabilize the economy when a negative shock occurs without triggering an adverse reaction of for
Autor:
Paul Van den Noord
Publikováno v:
Economia Italiana, 2022(2), 289-324
Fiscal restraint looks inevitable in the Eurozone following the pandemic, especially if the !scal rules are reinstated. How to match this with the need to !nance the climate transition? Two possible routes are explored. One is the adoption of a ‘gr
Autor:
Paul Van den Noord
Publikováno v:
Springer Proceedings in Business and Economics ISBN: 9783031103018
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ea1e051e10d6a0ef6a8882830b44af6a
https://doi.org/10.1007/978-3-031-10302-5
https://doi.org/10.1007/978-3-031-10302-5
Autor:
Lorenzo Codogno, Paul van den Noord
Publikováno v:
Economic Challenges for Europe After the Pandemic ISBN: 9783031103018
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c649fe12e4d36759691f3bb0befef442
https://doi.org/10.1007/978-3-031-10302-5_5
https://doi.org/10.1007/978-3-031-10302-5_5
Autor:
Paul van den Noord, Lorenzo Codogno
Publikováno v:
SSRN Electronic Journal.
The paper shows that the introduction a Eurobond together with fiscal capacity at the centre would produce macro-stabilisation benefits both for the ‘core’ and ‘periphery’ of the Eurozone and would also achieve a rebalancing of the policy mix
Autor:
Lorenzo Codogno, Paul van den Noord
Publikováno v:
SSRN Electronic Journal.
The only way to share common liabilities in the Eurozone is to achieve full fiscal and political union, i.e. unity of liability and control. In the pursuit of that goal, there is a need to smooth the transition, avoid unnecessary strains to macroecon
Autor:
Lorenzo Codogno, Paul van den Noord
Publikováno v:
SSRN Electronic Journal.
Autor:
Paul van den Noord, Paola Subacchi
Publikováno v:
Oxford Review Of Economic Policy. 28:444-468
This article assesses the circumstances under which countries agree to engage in policy cooperation. Assuming that each country aims to maximize its own welfare, we argue that cooperation needs to be necessary, feasible, and to produce a clearly supe
Publikováno v:
Revue de l'OFCE. :369-388
Fiscal consolidation will go too far if it pushes the economy towards a ?bad equilibrium? with high and growing fiscal deficits and debt, high risk premia on sovereign debt, slumping economic activity and plummeting confidence. In this paper we exami
Publikováno v:
OECD Journal: Economic Studies. 2012:151-177
In this article we develop a simple and stylised analytical framework, which is both tractable and feasible to estimate, capturing several key dimensions of the sovereign debt crisis in Europe. We use it to examine if and how a combination of fiscal