EconPapers    
Economics at your fingertips  
 

Bonding in Europe

Iulia Igescu

GE, Growth, Math methods from EconWPA

Abstract: Time is ripe to look at the bonding institutions of Europe in a different way: as instruments able to change the internal dynamics of an economic system. These institutions will put a country attracted by a low and stable equilibrium output onto a path of economic growth. Questions such as under what circumstances these institutions can be created and whether their result, a new and higher output level, is stable are also addressed. Once in place they need not be eternal: when an economy reaches full employment, they might be dismantled because they use too much of the public funds.

Keywords: growth; bonding; Europe; bifurcations; government (search for similar items in EconPapers)
JEL-codes: C6 D5 D9 (search for similar items in EconPapers)
Date: 2005-10-12
Note: Type of Document - pdf; pages: 21
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://econwpa.repec.org/eps/ge/papers/0510/0510004.pdf (application/pdf)

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:wpa:wuwpge:0510004

Access Statistics for this paper

More papers in GE, Growth, Math methods from EconWPA
Series data maintained by EconWPA ().

 
Page updated 2017-09-29
Handle: RePEc:wpa:wuwpge:0510004