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In this paper the authors recall the history of Jubilee debt cancellations, emphasizing what their social purpose was at that time. They note that it would not be possible to copy that procedure exactly nowadays, primarily because most debt/credit relationships are intermediated via financial...
Persistent link: https://www.econbiz.de/10011821401
In this paper the authors recall the history of Jubilee debt cancellations, emphasizing what their social purpose was at that time. They note that it would not be possible to copy that procedure exactly nowadays, primarily because most debt/credit relationships are intermediated via financial...
Persistent link: https://www.econbiz.de/10011873351
Overall, this paper presents a white swan that seems to confirm the hypothesis of Alesina / Tabellini / Campante (2008). Fiscal policy in many developing countries is procyclical. Specifically, the former may explain monetary policy failures associated with problems of political agency. And in...
Persistent link: https://www.econbiz.de/10008552827
Families with children receive support from the tax-benefit system to a different extent across countries. In Spain … families with children in Spain. We distinguish between three different forms of income support: (1) benefits aimed to ease the … families with children in Spain is low and mainly concentrated on tax reliefs, which are regressive in absolute terms …
Persistent link: https://www.econbiz.de/10012593863
fine in the case of non-compliance. Further, there is broad acceptance of long-run redistribution towards poorer countries …
Persistent link: https://www.econbiz.de/10012258505
Is the Spanish economy positioned at its optimal progressivity level in personal income tax? This article quantifies the aggregate, distributional, and welfare consequences of moving toward such an optimal level. A heterogeneous households general equilibrium model featuring both life cycle and...
Persistent link: https://www.econbiz.de/10012389033
This document analyzes the relationship between national government external debt and private investment for Colombia …
Persistent link: https://www.econbiz.de/10013152933
Overall, this paper presents a white swan that seems to confirm the hypothesis of Alesina / Tabellini / Campante (2008). Fiscal policy in many developing countries is procyclical. Specifically, the former may explain monetary policy failures associated with problems of political agency. And in...
Persistent link: https://www.econbiz.de/10015221160
In this paper the authors recall the history of Jubilee debt cancellations, emphasizing what their social purpose was at that time. They note that it would not be possible to copy that procedure exactly nowadays, primarily because most debt/credit relationships are intermediated via financial...
Persistent link: https://www.econbiz.de/10011822179
In this paper the authors recall the history of Jubilee debt cancellations, emphasizing what their social purpose was at that time. They note that it would not be possible to copy that procedure exactly nowadays, primarily because most debt/credit relationships are intermediated via financial...
Persistent link: https://www.econbiz.de/10011879005