Arbeitspapier

Pandemic pushes polarisation: The Corona crisis and macroeconomic divergence in the Eurozone

This paper discusses the uneven consequences of the macroeconomic fallout from the coronavirus and related economic policy responses against the background of an analysis of longer-term macroeconomic divergence in the Eurozone. We show that the macroeconomic impact of the Corona crisis is estimated to be more severe in Southern Eurozone countries than in Northern Eurozone countries, which further reinforces the tendency of an increasing economic polarisation. This polarisation process can be traced back to existing differences in production structures and uneven vulnerabilities of the underlying growth models. As a consequence, any policy response to the Corona crisis that does not take the deeper problems of structural polarisation into account will suffer from limited impact in the medium to long run.

Sprache
Englisch

Erschienen in
Series: ifso working paper ; No. 8

Klassifikation
Wirtschaft
Thema
Polarisation
Coronavirus
Eurozone

Ereignis
Geistige Schöpfung
(wer)
Gräbner, Claudius
Heimberger, Philipp
Kapeller, Jakob
Ereignis
Veröffentlichung
(wer)
University of Duisburg-Essen, Institute for Socio-Economics (ifso)
(wo)
Duisburg
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Gräbner, Claudius
  • Heimberger, Philipp
  • Kapeller, Jakob
  • University of Duisburg-Essen, Institute for Socio-Economics (ifso)

Entstanden

  • 2020

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