european stability mechanism (esm)
2 episodes mention this concept
NewEconomicThinkingAug 23, 2020Peter Bofinger on Europe's Economic Crisis, COVID-19 Response, and the Role of Modern Monetary Theory
EconomicsEconomic tsunamiLiquidity supportSolvency supportShort-time work (Kurzarbeit)- NewEconomicThinkingDec 12, 2017
The Future of the Eurozone: Addressing Imbalances and Structural Flaws
EconomicsCurrent account imbalancesStructural surplusMacroeconomic imbalance procedure (MIP)Unit labor costs (ULC)
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Related concepts
Concepts that appear alongside european stability mechanism (esm) across episodes.
- exchange rate misalignment
- expansionary fiscal policy
- corona bonds
- demand-pull innovation
- productivity growth divergence
- debt burden
- hysteresis
- short-time work (kurzarbeit)
- economic tsunami
- fiscal deficits
- hartz reforms
- fiscal capacity
- unit labor costs (ulc)
- quantitative easing (qe)
- pandemic emergency purchase programme (pepp)
- nominal vs. real variables
- macroeconomic imbalance procedure (mip)
- monetary policy frame (one-size-fits-all)
- price inelastic demand
- current account imbalances