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and women within couples in a selection of the member countries of the European Union (EU) using EUROMOD, the EU tax …
Persistent link: https://www.econbiz.de/10003646721
This paper presents an evaluation of the tax-transfer treatment of married couples in 15 EU countries using the EUROMOD …
Persistent link: https://www.econbiz.de/10003766236
This paper estimates the welfare and distributional impact of two types of welfare reform in the 15 (pre-enlargement) member countries of the European Union. The reforms are revenue neutral and financed by an overall and uniform increase in marginal tax rates on earnings. The first reform...
Persistent link: https://www.econbiz.de/10003158658
This brief assesses the experiences of Europe's policy regime in the two years since the introduction of the euro in 1999, particularly the performance of the European Central Bank (ECB), the institution in charge of conducting monetary policy for the euro area. Conventional accounts of European...
Persistent link: https://www.econbiz.de/10003353731
Persistent link: https://www.econbiz.de/10003286303
Die Studie stellt die verbreitete These, die seit 2001 trotz konjunktureller Schwäche anhaltend hohe Inflationsrate im Euroraum sei die Folge struktureller Rigiditäten, in Frage. Anhänger dieser These sehen in Strukturreformen, die diese Rigiditäten beseitigen, die wichtigste Voraussetzung...
Persistent link: https://www.econbiz.de/10003851509
income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are … absorbed in the EU, compared to 34 per cent in the US. This cushioning of disposable income leads to a demand stabilization of … 23 to 32 per cent in the EU and 19 per cent in the US. There is large heterogeneity within the EU. Automatic stabilizers …
Persistent link: https://www.econbiz.de/10003879344
um 5 Prozentpunkte. Unsere Berechnungen ergeben, dass in der EU 38 % des proportionalen Einkommensschocks vom Staat … USA deutlich größer: 48 % in der EU und lediglich 34 % in den USA. Unter der Annahme, dass nur die Nachfrage … Einkommens zu einer Nachfragestabilisierung, die in der EU von 23 bis 32 % des Einkommensschocks reicht und in den USA 19 …
Persistent link: https://www.econbiz.de/10003879733
The ECB has been arguing in the past that since there is no trade-off between price stability and financial stability, the pursuit of price stability is the best a central bank can do to also maintain financial stability. We argue that there is a potential trade-off between price stability and...
Persistent link: https://www.econbiz.de/10003888991
the redistributive effects of different tax benefit instruments in the enlarged EU based on two approaches. Inequality …
Persistent link: https://www.econbiz.de/10003906234