Projects

Projektbeschreibung

The focus of the proposed research is on the link between yield curves and fiscal policy shocks in the Eurozone to obtain a better understanding on how fiscal policy impacts the economy. Particular attention is laid on how country-specific fiscal policy actions influence neighboring countries' yield curves and business cycles. This question is of crucial relevance for financial stability in the Eurozone and potentially provides important insights for policy makers interested in designing appropriate Eurozone-wide policy measures to synchronize country-specific business cycles.