15 Oct 2012

The Policy Mix and Macroeconomic Adjustment in the Euro Area

Jørgen Mortensen / Cinzia Alcidi

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Against the background of the IMF’s latest global economic forecast, Jørgen Mortensen and Cinzia Alcidi raise questions in a new CEPS Commentary about the timing of the implementation and the effects of the three main categories of economic policy – fiscal, monetary and structural.

Jørgen Mortensen is Senior Research Fellow at CEPS and Cinzia Alcidi is LUISS Research Fellow at CEPS.