Single Market Transmission Mechanisms Before, During and After the 2008-09 Crisis. A Quantitative Assessment

Harald Oberhofer (), Christian Glocker, Werner Hölzl (), Peter Huber (), Serguei Kaniovski (), Klaus Nowotny (), Michael Pfaffermayr (), Monique Ebell and Nikolaos Kontogiannis ()

in WIFO Studies from WIFO

Abstract: This study analyses the main transmission mechanisms relevant for the absorption and propagation of asymmetries within the EU and EMU, putting a specific focus on Europe's real economy. In particular, the report aims to assess how the economic shock that triggered the financial and economic crisis has been transmitted and at least partially absorbed in the EU's real economy and the EMU member countries, from both a macro- and a microeconomic perspective. From a policy point of view, the results of the current study imply that, on account of the substantial heterogeneity among EU countries found in all parts of the study, "one size fit all" policies are likely to be very ineffective at increasing the resilience of the EU's single market.

Keywords: TP_Europa_Wettbewerb (search for similar items in EconPapers)
Date: 2016 Written 2016-11-21
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/59156 Abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wfo:wstudy:59156

Access Statistics for this book

More books in WIFO Studies from WIFO Contact information at EDIRC.
Bibliographic data for series maintained by Ilse Schulz ().