The financial crisis and real labour earnings in Denmark, Finland and Sweden.
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Did the choices of exchange rate regimes determine how the three countries were impacted by the Global Financial Crisis? The three countries all experienced high growth from the beginning of the Millennium until the financial crises. GDP increased until 2007 in all three countries and EU28. Following that year, it decreased two years in a row in Denmark and Sweden. Denmark did not experience “the double dip” as the three other regions, especially Finland, did c.f. Figure 1.
The financial crisis and real labour earnings in Denmark, Finland and Sweden.
The financial crisis and real labour earnings…
The financial crisis and real labour earnings in Denmark, Finland and Sweden.
Did the choices of exchange rate regimes determine how the three countries were impacted by the Global Financial Crisis? The three countries all experienced high growth from the beginning of the Millennium until the financial crises. GDP increased until 2007 in all three countries and EU28. Following that year, it decreased two years in a row in Denmark and Sweden. Denmark did not experience “the double dip” as the three other regions, especially Finland, did c.f. Figure 1.