Investment in the Euro Area : Why Has It Been Weak? /
Investment across the euro area remains below its pre-crisis level. Its performance has been weaker than in most previous recessions and financial crises. This paper shows that a part of this weakness can be explained by output dynamics, particularly before the European sovereign debt crisis. The re...
Main Author: | |
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Other Authors: | , , |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2015.
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Series: | IMF Working Papers; Working Paper ;
No. 2015/032 |
Online Access: | Full text available on IMF |