Traditionally, economic growth and business cycles have been treated independently.
However, the dependence of GDP levels on its history of shocks, what economists refer to as …

We employ growth accounting and data from the 2019 release of the EUKLEMS database to
systematically quantify the primary contributors to value-added and labor productivity growth …

Certain EU countries could not counter the effects of the 2008 global financial crisis. As a
result, they lost access to international markets. The EU attempted to resolve the European …

The EU sets strict fiscal criteria for its member states and has introduced initiatives to foster
entrepreneurship, competitiveness, and growth. Following the financial crisis, which affected …

The European Union is at a crossroads. This book analyzes the historical roots of the EU's
monetary and financial institutions in order to better understand its struggle to maintain an …

One of the most important problems facing Greece is the long-term and high-level
unemployment rate. The Economic Adjustment Programmes (EAPs) focused on the supply …

Hysteresis, referring to the property of a system whereby some temporary shocks cause
permanent effects, has showed to be important to explain the dynamics of aggregate …

O objetivo deste trabalho é analisar o impacto da política orçamental no investimento em
I&D total e no crescimento do PIB, com foco particular em Portugal. O estudo enquadra-se …

O objetivo deste trabalho é analisar o impacto da política orçamental no investimento em
I&D total e no crescimento do PIB, com foco particular em Portugal. O estudo enquadra-se …

A lenta recuperação de muitas economias desenvolvidas às recentes crises financeiras e, a
maior queda na procura agregada causada pela Pandemia do COVID-19 com os seus …