Empirical Analyses: Intra-EMU Heterogeneity and Austerity
In this first stage of the empirical analysis of austerity, Guthmann tests hypotheses on the determinants of intra-EMU macroeconomic imbalances, planned fiscal policy stances, the initiation and the size of austerity in a combination of descriptive statis
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Fiscal Consolidation in the Euro Crisis Politico-economic and Institutional Causes
Fiscal Consolidation in the Euro Crisis
Kai Guthmann
Fiscal Consolidation in the Euro Crisis Politico-economic and Institutional Causes
123
Kai Guthmann Bern, Switzerland
ISBN 978-3-030-57767-4 ISBN 978-3-030-57768-1 https://doi.org/10.1007/978-3-030-57768-1
(eBook)
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Acknowledgements
This book corresponds to my doctoral thesis submitted at the Faculty of Business, Economics and Social Sciences of the University of Bern, Switzerland. It is dedicated to those who made it possible. From a mainly academic and professional perspective, I am deeply grateful to Prof. Dr. Klaus Armingeon, for his unwavering support and flexibility, to Prof. Dr. Uwe Wagschal, for his role as my second advisor, and to Dr. David Weisstanner, for being an outstanding colleague and co-author of other publications. From a more fundamental personal perspective I would like to thank my parents Eva and Bernhard Guthmann, my sister Anke Lütkepohl, my nephew Joris and my niece Fine, and my friend Carolina Voß. Last but not least, I am grateful to many others who, in one way or the other, did play a role in enabling me to finish this book, such as, to name just a few, Carolin Rapp, Franzisca Schmoker, Bianca Lüthi, and Mandy Beeler.
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Contents
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2 Fiscal Adjustment in Europe . . . . . . . . . . . . . . .
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