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Becoming Slimmer: Why Europe Needs to Cut Debt and Reduce Leverage

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  • Daniel Gros

Abstract

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Suggested Citation

  • Daniel Gros, 2013. "Becoming Slimmer: Why Europe Needs to Cut Debt and Reduce Leverage," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 14(03), pages 17-24, October.
    • Handle: RePEc:ces:ifofor:v:14:y:2013:i:03:p:17-24
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    References listed on IDEAS

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    1. Pietro Alessandrini & Michele Fratianni, 2009. "International Monies, Special Drawing Rights, and Supernational Money," Working Papers 2009-03, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    2. Lucia Alessi & Carsten Detken, 2009. "Global liquidity as an early warning indicator for asset price boom/bust cycles," Research Bulletin, European Central Bank, vol. 8, pages 7-9.
    3. Daniel Gros & Cinzia Alcidi, 2009. "Why Europe will suffer more," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 44(4), pages 255-260, July.
    4. Detken, Carsten & Alessi, Lucia, 2009. "'Real time'early warning indicators for costly asset price boom/bust cycles: a role for global liquidity," Working Paper Series 1039, European Central Bank.
    5. Chmelar, Ales, 2013. "Household Debt and the European Crisis," ECRI Papers 8239, Centre for European Policy Studies.
    6. Philip Lowe & Claudio Borio, 2002. "Asset prices, financial and monetary stability: exploring the nexus," BIS Working Papers 114, Bank for International Settlements.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Finanzpolitik; Finanzkrise; Schuldenschnitt; Fremdkapital; Finanzsektor; Reform; Vergleich; USA; EU-Staaten;
    All these keywords.

    JEL classification:

    • G00 - Financial Economics - - General - - - General
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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