The right macroeconomic policies for a Europe saving too much
German hawks are not just wrong about monetary and fiscal policies and risk-sharing in an ailing European economy—their demands are inconsistent.
Author profile
GM
Gergő Motyovszki
Gergő Motyovszki is a PhD candidate in economics at the European University Institute in Florence. His research is about how household heterogeneity affects monetary and fiscal policies in open economies and currency unions.