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Latvia’s incoming in European Union economic effect estimation
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2010
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. In the paper Latvian economic indicators before and after entering the EU are...
Persistent link: https://www.econbiz.de/10009216353
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Development of System Dynamic Model of Latvia’s Economic Integration in the EU
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2011
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. Latvia's incoming in EU increased the amount of received means from structural...
Persistent link: https://www.econbiz.de/10009367975
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The Effects of Fiscal Policy on Consumption in Good and Bad Times
Hristov, Atanas - Volkswirtschaftliche Fakultät, … - 2013
I examine the effects of fiscal policy actions on private consumption in a yearly panel of sixteen OECD countries conditional on the phase of the business cycle and the state of the public finances. I demonstrate that binding liquidity constraints on households can alter the efficacy of the...
Persistent link: https://www.econbiz.de/10011258709
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Efectos Macroeconómicos de la Política Fiscal en Ecuador 1993-2009
Carrillo, Paul A. - Volkswirtschaftliche Fakultät, … - 2010
Fiscal policy is particularly relevant in dollarized economies. For the case of Ecuador, we analyze the effects of taxes and public spending on the overall performance of the economy for the period 1993-2009. To do this, we use a structural autoregressive vector model (SVAR) incorporating the...
Persistent link: https://www.econbiz.de/10009368137
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Discretionary tax shocks in the United Kingdom 1945-2009: a narrative account and dataset
Cloyne, James S - Volkswirtschaftliche Fakultät, … - 2010
This paper constructs a narrative account of all legislated discretionary policy changes in the United Kingdom from 1945 to 2009. Following Romer and Romer (2009, 2010), evidence of the policymakers’ motivation is presented from U.K. official Budget documents together with technical notes,...
Persistent link: https://www.econbiz.de/10009368474
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Government spending shocks, wealth effects and distortionary taxes
Cloyne, James S - Volkswirtschaftliche Fakultät, … - 2011
This paper investigates the transmission mechanism of government spending shocks in an estimated dynamic general equilibrium model. I construct a New Keynesian model with distortionary labour and capital taxes and with references that allow the wealth effect on labour supply to vary in strength....
Persistent link: https://www.econbiz.de/10011111011
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The Dynamic Effects of Subsidizing the Tourism Sector
Schubert, Stefan Franz; Brida, Juan Gabriel - Volkswirtschaftliche Fakultät, … - 2008
The paper studies the short run and long run effects of a production subsidy to the tourism sector of a small open economy, which can also be thought as a region within a country. We introduce a two-sector dynamic general equilibrium model where the tourism sector is considered to be...
Persistent link: https://www.econbiz.de/10005037720
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Exchange rate pass-through to consumer prices in Ghana: Evidence from structural vector auto-regression
Sanusi, Aliyu Rafindadi - Volkswirtschaftliche Fakultät, … - 2010
is a potentially important source of inflation in Ghana. Using variance decomposition analyses, it is found that monetary … policy implication of these findings is that policies that aim at lowering inflation must focus on monetary and exchange rate …
Persistent link: https://www.econbiz.de/10008869291
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Euro-dollar polarization and heterogeneity in exchange rate pass-throughs within the euro zone
Comunale, Mariarosaria - Volkswirtschaftliche Fakultät, … - 2014
This paper provides an empirical study of the asymmetrical spillovers of the euro-US dollar exchange rate on inflation … the only key factor, in determining the asymmetry in inflation between core and periphery. The nominal effective exchange … rate instead is a very important driver for the inflation only considering the whole euro zone. Therefore, the EMU seems to …
Persistent link: https://www.econbiz.de/10011108149
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Effects of international monetary integration on inflation, economic growth and current account
Stanisic, Nenad - Volkswirtschaftliche Fakultät, … - 2012
unstable external and internal values. The most evident one is the reduction of a long-term inflation rate. The objective of … regions and of different development levels. The results suggest that the monetary integration influences the inflation …
Persistent link: https://www.econbiz.de/10011114230