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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...

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  • Jakob von Weizsäcker, 2009. "Estimating the size of the European stimulus packages," Policy Contributions 266, Bruegel.
    • Handle: RePEc:bre:polcon:266
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    1. Fritz Breuss & Serguei Kaniovski & Margit Schratzenstaller, 2009. "Gesamtwirtschaftliche Auswirkungen der Konjunkturpakete I und II und der Steuerreform 2009," WIFO Studies, WIFO, number 36361, April.
    2. Tobias Cwik & Volker Wieland, 2011. "Keynesian government spending multipliers and spillovers in the euro area [Fiscal policy and growth: do financial crises make a difference?]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 26(67), pages 493-549.
    3. Margit Schratzenstaller, 2009. "Bundesvoranschlag 2009/10 und Finanzrahmen 2009 bis 2013," WIFO Monatsberichte (monthly reports), WIFO, vol. 82(8), pages 583-601, August.
    4. Wilfried Rickels & Linda Kleemann & Gernot Klepper & Sonja Peterson & Sebastian Petrick, 2010. "Konjunktur für den Klimaschutz? Klima- und Wachstumswirkung weltweiter Konjunkturprogramme," Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research, vol. 65(2), pages 129-166, June.
    5. Matthieu Llorca & Srdjan Redzepagic, 2009. "Impacts of Global Recession in Western Balkan Countries a Comparison with the EU New Member States," Book Chapters, in: Claude Berthomieu & Jean-Paul Guichard & Dejan Eric & Srdjan Redzepagic (ed.), Financial Systems Integration of Balkan Countries in the European Financial System: Impact of Global Crisis, edition 1, volume 1, chapter 2, pages 9-16, Institute of Economic Sciences.
    6. Aiginger, Karl, 2010. "The Great Recession vs. the Great Depression: Stylized facts on siblings that were given different foster parents," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 4, pages 1-41.
    7. Fritz Breuss & Serguei Kaniovski & Margit Schratzenstaller, 2009. "Gesamtwirtschaftliche Effekte der Konjunkturbelebungsmaßnahmen," WIFO Monatsberichte (monthly reports), WIFO, vol. 82(9), pages 675-686, September.
    8. Fritz Breuss, 2009. "Lacking "Europeanisation" of National Business Cycles as a Risk for the Euro Area," Austrian Economic Quarterly, WIFO, vol. 14(2), pages 91-104, June.
    9. Josef Baumgartner & Serguei Kaniovski & Ewald Walterskirchen, 2009. "Repercussions of Financial Market Crisis Weighing on Medium-Term Growth. Projections for the Austrian Economy until 2013," Austrian Economic Quarterly, WIFO, vol. 14(1), pages 11-22, March.
    10. Döhrn, Roland & Kitlinski, Tobias & Schmidt, Torsten & Vosen, Simeon, 2009. "Die wirtschaftliche Entwicklung im Ausland: Globale Rezession," RWI Konjunkturberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, vol. 60(1), pages 5-33.
    11. Dudas Lavinia, 2018. "The Crisis And Fiscal Policy In Developing Countries," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 0, pages 106-112, December.
    12. Dabrowski, Marek, 2010. "The global financial crisis: Lessons for European integration," Economic Systems, Elsevier, vol. 34(1), pages 38-54, March.
    13. Oliver Picek & Enno Schröder, 2017. "Euro area imbalances: How much could an expansion in the North help the South?," IMK Working Paper 180-2017, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    14. Iain Begg, 2012. "The EU’s response to the global financial crisis and sovereign debt crisis," Asia Europe Journal, Springer, vol. 9(2), pages 107-124, March.
    15. Giulio Cainelli & Massimiliano Mazzanti & Simone Borghesi, 2012. "The European Emission Trading Scheme and environmental innovation diffusion: Empirical analyses using Italian CIS data," Working Papers 201201, University of Ferrara, Department of Economics.
    16. Jean Pisani-Ferry & Adam Posen, 2011. "From convoy to parting ways? Post-crisis divergence between European and US macroeconomic Policies," Working Papers 498, Bruegel.
    17. Arbeitsgruppe Konjunktur, 2009. "In der Tiefebene - IW-Konjunkturprognose Frühjahr 2009," IW-Trends – Vierteljahresschrift zur empirischen Wirtschaftsforschung, Institut der deutschen Wirtschaft (IW) / German Economic Institute, vol. 36(2), pages 15-48.
    18. Silvia Angelo & Georg Feigl, 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 527-549.
    19. Giulio Cainelli & Massimiliano Mazzanti & Roberto Zoboli, 2011. "Enviromental Innovations, Complementarity and Local/Global Cooperation," Working Papers 201104, University of Ferrara, Department of Economics.
    20. Nikos Koutsiaras, 2010. "How to Spend it: Putting a Labour Market Modernization Fund in Place of the European Globalization Adjustment Fund," Journal of Common Market Studies, Wiley Blackwell, vol. 48, pages 617-640, June.
    21. Fritz Breuss, 2009. "Ten Years of EMU – Achievements, Weaknesses, Challenges," Austrian Economic Quarterly, WIFO, vol. 14(1), pages 49-72, April.

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