We analyse the relationship between the debt to GDP ratio and real per capita GDP growth for the euro area members by distinguishing between periods of sustainable and non-sustainable debt. Thresholds are theory-based and depend on the macroeconomic framework. If the interest rate exceeds nominal output growth, primary budget surpluses are required to achieve a sustainable debt ratio. The negative...
Christian Dreger, Hans-Eggert Reimers
Warschau, Polen,
24.05.2013
| Towards a Better Governance in the EU?: 10th EUROFRAME Conference on Economic Policy Issues in the European Union
Thure Traber
Berlin,
24.05.2013
| Brown Bag Seminar of the Sustainability Cluster: Capacity Markets and Strategic Reserves on the Central European Electricity Market: Effects on Investment, Prices, Profits and Market Power until 2030
Dorothea Schäfer, Susan Steiner
Berlin,
23.05.2013
- 14.06.2013| Economic Policy Analysis from a European Perspective: Boston College Summer School at DIW Berlin
Jürgen Schupp
Bad Homburg,
21.05.2013
- 23.05.2013| Interdisciplinary Aspects of Well-Being in Changing Societies: 12th Meeting of the German-Japanese Society for Social Sciences (GJSSS)
Florian Mölders, Heike Belitz
Berlin,
17.05.2013
| Brown Bag Seminar of the Cluster of Industrial Economics: International Knowledge Spillovers through High-Tech Imports and R&D of Foreign-Owned Firms
Marcel Fratzscher
Frankfurt am Main,
15.05.2013
| The Financial Crisis and the Search for Growth: Economist / Bellweather Breakfast Forum for Senior Executives