Vierteljahrsheft zur Wirtschaftsforschung: Debt – Blessing or Curse?
Since the 1980s, especially in the new millenium, the issue of debt is increasingly the focus of political debates, as an analysis of parliamentary speeches since 1949 shows. More than ten years after the outbreak of the great financial crisis and almost ten years since the beginning of the European sovereignty debt crisis, there
A proposal for a Covid Credit Line
It is in the interest of every EU member state that countries in the Union hit by the coronavirus are able to take the necessary measures to control the pandemic and deal with the economic consequences without being constrained, and to do so very quickly. This column proposes a Covid credit line in the European Stability Mechanism, with allocation across member
Call for Papers: Determinants of Non-cash payments and alternative money
Conference in Bremen, June, 16 th , 2020 and Quarterly Journal of Economic Research (DIW Vierteljahrshefte zur Wirtschaftsforschung)
Advances in payment technologies have considerably extended the way how we pay for transactions. While the majority of financial transactions has been even traditionally
A regime shift toward increased inﬂation expectations is credited with jump-starting the recov- ery from the Great Depression in the United States. What role did inﬂation expectations play in Germany that experienced a similarly successful economic upturn in the 1930s? We study inﬂa- tion expectations in the German recovery across several methods: we conduct a narrative study of media sources; we