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for the economic policy embarked upon by President Reagan. But has the treatment which has done the USA so much good also … commentators are more concerned with the worldwide effects of the USA's very high interest rates. …
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Wirtschaftspolitik (Supply-Side Policy) eingeleitet. Im Rahmen dieser «neuen» Wirtschaftspolitik wurden insbesondere die … USA ihre makroökonomischen Ziele nicht erreicht hat. Die empirische Analyse der Grenzsteuersätze belegt, daß die … untergeordneten Gebietskörperschaften in den USA auf die Steuersenkungen des Bundes mit Steuererhöhungen reagierten. Diese …
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In the current slowdown in Europe, the United States and Japan, policy makers are vexed by the question when a recovery will come. This is the wrong question. The issue should be how a higher growth path can be reached in the long run, i.e., how the potential growth rate of our economies can be...
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In the Kiel Discussion Paper 383, Horst Siebert puts up for discussion some considerations on how to reach a higher growth path in the European Union. The paper was prepared for the first meeting of the Group of Economic Analysis of the European Commission of which Horst Siebert is a member.¤...
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“Reaganomics” is a popular term used to refer to the economic policies of Ronald W. Reagan, the 40th U.S. President (1981-1989), which called for widespread tax cuts, decreased social spending, increased military spending, and the deregulation of domestic markets. In this paper, we analyze...
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This paper examines the extent to which the policies towards the welfare state pursued by the Labour Government in its first fifteen months represent a break with those of its Conservative predecessor and with earlier policies put forward by Labour in opposition. Four key parts of its...
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