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Estimating the size of the European stimulus packages

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  • Jakob von Weizsäcker

Abstract

David Saha and Jakob von Weizsäcker present the latest breakdown of the fiscal stimuli in the 13 largest EU economies and compare the total European package for 2009 to the US stimulus package. The authors estimate the size of the European stimulus packages to increase to 0.99% of GDP following increases in the stimulus packages in the Netherlands, the UK and Germany . The US stimulus package is estimated at about 1.7 percent of GDP, substantially above the EU average but only marginally above the largest national stimulus package in the EU.

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Bibliographic Info

Paper provided by Bruegel in its series Policy Contributions with number 266.

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Date of creation: Apr 2009
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Handle: RePEc:bre:polcon:266

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Cited by:
  1. Marek Dabrowski, 2009. "The Global Financial Crisis: Lessons for European Integration," CASE Network Studies and Analyses 0384, CASE-Center for Social and Economic Research.
  2. Georg Feigl & Silvia Angelo, 2009. "Umsetzung und Wirkung der konjunkturpolitischen Maßnahmen in Österreich," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 35(4), pages 527-550.
  3. Karl Aiginger, 2009. "The Great Recession vs. the Great Depression. Stylised Facts on Siblings that Were Given Different Foster Parents," WIFO Working Papers 354, WIFO.

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