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policy instrument on households in two emerging economies, Vietnam and Thailand. Our paper contributes to the literature by … government financial support not only helps stimulate the economy but also enhances people's well-being more generally. …
Persistent link: https://www.econbiz.de/10012543614
policies and the subsequent announcements because the initial steps were often seen as bad news about the state of the economy … economy and easing the pressure on governmental finances. Across all subsets of polices, it seems that monetary policy is more …
Persistent link: https://www.econbiz.de/10012224892
Persistent link: https://www.econbiz.de/10014306115
We contribute to the literature on the long-run effect of fiscal consolidation on economic growth by applying a novel method for quantitative case studies. Relying on a qualitative (narrative) definition of fiscal consolidations based on an examination of historical policy documents and using...
Persistent link: https://www.econbiz.de/10011576967
We contribute to the literature on the long-run effect of fiscal consolidation on economic growth by applying a novel method for quantitative case studies. Relying on a qualitative (narrative) definition of fiscal consolidations based on an examination of historical policy documents and using...
Persistent link: https://www.econbiz.de/10011490895
The democratic accountability of policymaking institutions which are autonomous within delegated mandates has not received as much attention as their independence. We analyze in a theoretical model the effects of accountability in the form of possible overriding of economic policy decisions by...
Persistent link: https://www.econbiz.de/10003502649
I study the spill-over effects of legislated discretionary tax changes in the United States, Germany, and the United Kingdom to 11 Eurozone countries for the period 1980Q1-2018Q4 employing Local Projections (Jordà, 2005). In general, I find spillovers from US tax legislation to have the...
Persistent link: https://www.econbiz.de/10012649097
sentiment. Conducting consumer surveys with randomized control trials (RCTs) in Thailand and Vietnam during the COVID-19 … asymmetric across our sample countries, as it shows opposite appropriateness ratings of the governments' reaction in Vietnam and … only in Vietnam, where the sign of the effect suggests that the treatments are viewed as positive news. Moreover, consumer …
Persistent link: https://www.econbiz.de/10012543061
In evaluating surveys conducted in Thailand and Vietnam during the COVID-19 pandemic, we find that the marginal …
Persistent link: https://www.econbiz.de/10012819309
Vietnam, we examine the relationship between inflation expectations and consumption. In both countries, our results show an …
Persistent link: https://www.econbiz.de/10014530766