{"id":124770,"date":"2024-01-23T09:20:24","date_gmt":"2024-01-23T08:20:24","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/124770\/"},"modified":"2024-11-07T05:37:39","modified_gmt":"2024-11-07T04:37:39","slug":"single-market-transmission-mechanisms-before-during-and-after-the-2008-09-crisis-a-quantitative-assessment","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/124770\/","title":{"rendered":"Single Market Transmission Mechanisms Before, During and After the 2008-09 Crisis. A Quantitative Assessment"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-124770","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"This study analyses the main transmission mechanisms relevant for the absorption and propagation of asymmetries within the EU and EMU, putting a specific focus on Europe's real economy. In particular, the report aims to assess how the economic shock that triggered the financial and economic crisis has been transmitted and at least partially absorbed in the EU's real economy and the EMU member countries, from both a macro- and a microeconomic perspective. From a policy point of view, the results of the current study imply that, on account of the substantial heterogeneity among EU countries found in all parts of the study, \"one size fit all\" policies are likely to be very ineffective at increasing the resilience of the EU's single market.","onlinedate":"2016-11-21 12:00:00","lang":"English","publication_series":"","publication_date":"20160701","publication_date_year":"","publication_date_full":false,"publication_num_pages":"227","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":365871,"zip":null,"link":"","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"","publisher":"","invisible":false,"external":false,"embargo_date":"2016-11-21 12:00:00","types":[81966],"research_groups":[3491,3500,3481],"collaboration":"","persons":[3600,3543,3607,3621,3641,3755,3785,11185,11187],"persons_data":"[{\"personId\":3600,\"personName\":\"Harald Oberhofer\",\"organisationNames\":[]},{\"personId\":3543,\"personName\":\"Christian Glocker\",\"organisationNames\":[]},{\"personId\":3607,\"personName\":\"Werner H\u00f6lzl\",\"organisationNames\":[]},{\"personId\":3621,\"personName\":\"Peter Huber\",\"organisationNames\":[]},{\"personId\":3641,\"personName\":\"Serguei Kaniovski\",\"organisationNames\":[]},{\"personId\":3755,\"personName\":\"Klaus Nowotny\",\"organisationNames\":[]},{\"personId\":3785,\"personName\":\"Michael Pfaffermayr\",\"organisationNames\":[]},{\"personId\":11185,\"personName\":\"Monique Ebell\",\"organisationNames\":[]},{\"personId\":11187,\"personName\":\"Nikolaos Kontogiannis\",\"organisationNames\":[\"NIESR, London\"]}]","clients":[10646],"subclients":[],"partners":[8870,9098],"topics":[40955],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_bookanthology rendering_apa rendering_bookanthology_apa\\\"><span>Oberhofer, H.<\\\/span><span>, Glocker, C.<\\\/span><span>, H\u00f6lzl, W.<\\\/span><span>, Huber, P.<\\\/span><span>, Kaniovski, S.<\\\/span><span>, Nowotny, K.<\\\/span><span>, Pfaffermayr, M.<\\\/span>, Ebell, M., &amp; Kontogiannis, N. (2016). <span><em>Single Market Transmission Mechanisms Before, During and After the 2008-09 Crisis. A Quantitative Assessment<\\\/em><\\\/span>. WIFO, National Institute of Economic and Social Research, London. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/59156\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/59156<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_bookanthology rendering_vancouver rendering_bookanthology_vancouver\\\"><span>Oberhofer H<\\\/span><span>, Glocker C<\\\/span><span>, H\u00f6lzl W<\\\/span><span>, Huber P<\\\/span><span>, Kaniovski S<\\\/span><span>, Nowotny K<\\\/span> et al. <span class=\\\"title\\\"><span>Single Market Transmission Mechanisms Before, During and After the 2008-09 Crisis. A Quantitative Assessment<\\\/span><\\\/span>. WIFO, National Institute of Economic and Social Research, London; 2016.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_bookanthology rendering_bibtex rendering_bookanthology_bibtex\\\"><div>@book{fe251e1df1ce4dec94fe278cf0697f49,<\\\/div><div>  title    = \\\"Single Market Transmission Mechanisms Before, During and After the 2008-09 Crisis. A Quantitative Assessment\\\",<\\\/div><div>  abstract = \\\"This study analyses the main transmission mechanisms relevant for the absorption and propagation of asymmetries within the EU and EMU, putting a specific focus on Europe's real economy. In particular, the report aims to assess how the economic shock that triggered the financial and economic crisis has been transmitted and at least partially absorbed in the EU's real economy and the EMU member countries, from both a macro- and a microeconomic perspective. From a policy point of view, the results of the current study imply that, on account of the substantial heterogeneity among EU countries found in all parts of the study, {\\\"}one size fit all{\\\"} policies are likely to be very ineffective at increasing the resilience of the EU's single market.\\\",<\\\/div><div>  author   = \\\"Harald Oberhofer and Christian Glocker and Werner H{\\\\\\\"o}lzl and Peter Huber and Serguei Kaniovski and Klaus Nowotny and Michael Pfaffermayr and Monique Ebell and Nikolaos Kontogiannis\\\",<\\\/div><div>  note     = \\\"Single Market Transmission Mechanisms\\\",<\\\/div><div>  year     = \\\"2016\\\",<\\\/div><div>  month    = jul,<\\\/div><div>  language = \\\"English\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_bookanthology rendering_ris rendering_bookanthology_ris\\\"><p>TY  - BOOK<\\\/p><p>T1  - Single Market Transmission Mechanisms Before, During and After the 2008-09 Crisis. 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