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.
- Language
-
Englisch
- Bibliographic citation
-
Series: ifso working paper ; No. 8
- Classification
-
Wirtschaft
- Subject
-
Polarisation
Coronavirus
Eurozone
- Event
-
Geistige Schöpfung
- (who)
-
Gräbner, Claudius
Heimberger, Philipp
Kapeller, Jakob
- Event
-
Veröffentlichung
- (who)
-
University of Duisburg-Essen, Institute for Socio-Economics (ifso)
- (where)
-
Duisburg
- (when)
-
2020
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Gräbner, Claudius
- Heimberger, Philipp
- Kapeller, Jakob
- University of Duisburg-Essen, Institute for Socio-Economics (ifso)
Time of origin
- 2020
Other Objects (12)
Pandemic pushes polarisation: The Corona crisis and macroeconomic divergence in the Eurozone
Is Europe Disintegrating? Macroeconomic Divergence, Structural Polarisation, Trade and Fragility
Multidimensional inequality and divergence: The Eurozone crisis in retrospect
Southern and Eastern Europe in the Eurozone: Convergence or divergence?
Competitiveness, adjustment and macroeconomic risk management in the eurozone
Measuring Macroeconomic Convergence and Divergence within EMU Using Long Memory
Measuring macroeconomic convergence and divergence within EMU using long memory
Is Europe disintegrating? Macroeconomic divergence, structural polarization, trade and fragility
Is Europe disintegrating? Macroeconomic divergence, structural polarization, trade and fragility
Divergence? What Divergence?
The Eurozone in crisis: A Kaleckian macroeconomic regime and policy perspective
Macroeconomic volatility, monetary union, and external exposure: Evidence from five Eurozone members
Pandemic pushes polarisation: The Corona crisis and macroeconomic divergence in the Eurozone
Is Europe Disintegrating? Macroeconomic Divergence, Structural Polarisation, Trade and Fragility
Multidimensional inequality and divergence: The Eurozone crisis in retrospect
Southern and Eastern Europe in the Eurozone: Convergence or divergence?
Competitiveness, adjustment and macroeconomic risk management in the eurozone
Measuring Macroeconomic Convergence and Divergence within EMU Using Long Memory
Measuring macroeconomic convergence and divergence within EMU using long memory
Is Europe disintegrating? Macroeconomic divergence, structural polarization, trade and fragility
Is Europe disintegrating? Macroeconomic divergence, structural polarization, trade and fragility
Divergence? What Divergence?
The Eurozone in crisis: A Kaleckian macroeconomic regime and policy perspective
Macroeconomic volatility, monetary union, and external exposure: Evidence from five Eurozone members
Pandemic pushes polarisation: The Corona crisis and macroeconomic divergence in the Eurozone
Is Europe Disintegrating? Macroeconomic Divergence, Structural Polarisation, Trade and Fragility
Multidimensional inequality and divergence: The Eurozone crisis in retrospect
Southern and Eastern Europe in the Eurozone: Convergence or divergence?
Competitiveness, adjustment and macroeconomic risk management in the eurozone
Measuring Macroeconomic Convergence and Divergence within EMU Using Long Memory
Measuring macroeconomic convergence and divergence within EMU using long memory
Is Europe disintegrating? Macroeconomic divergence, structural polarization, trade and fragility
Is Europe disintegrating? Macroeconomic divergence, structural polarization, trade and fragility
Divergence? What Divergence?
The Eurozone in crisis: A Kaleckian macroeconomic regime and policy perspective