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Persistent link: https://www.econbiz.de/10000543705
the GDR and the current tax structure of the Federal Republic of Germany (FRG). Arguments for an adequate short-term tax …
Persistent link: https://www.econbiz.de/10014395890
Compared with its U.S. and U.K. counterparts, the Labor Tax Credit (LTC) is likely to have more limited effects on incentives for primary-earners to enter the labor force, because of the smaller size of the credit. Any significant increase in the LTC to strengthen its effect on the still large...
Persistent link: https://www.econbiz.de/10014407669
The 2007 Global Monitoring Report on the Millennium Development Goals (MDGs) assesses the contributions of developing countries, developed countries, and international financial institutions toward meeting universally agreed development commitments. Fourth in a series of annual reports leading...
Persistent link: https://www.econbiz.de/10014403104
The 2007 Global Monitoring Report on the Millennium Development Goals (MDGs) assesses the contributions of developing countries, developed countries, and international financial institutions toward meeting universally agreed development commitments. Fourth in a series of annual reports leading...
Persistent link: https://www.econbiz.de/10010521909
considerable headwinds. Several conditions are now in place in Germany for a domestic demand-led recovery. Employment creation has … been robust and unemployment at 5.3 percent is at a postreunification low. Executive Directors have commended Germany … environment. Directors have underscored Germany’s pivotal role in reducing euro area and global imbalances …
Persistent link: https://www.econbiz.de/10014395532
This paper traces the effects of an appreciation of the deutsche mark with the help of a computable general equilibrium model under alternative structural policy scenarios. In the first scenario, characterized by severe structural rigidities, the contractionary effects of exchange rate...
Persistent link: https://www.econbiz.de/10014395794
This paper discusses recent empirical research on the interplay between fiscal policies and external imbalances in the G3 countries, focusing on the stock-flow dynamics of public and foreign deficits and debt accumulation
Persistent link: https://www.econbiz.de/10014395805
This paper examines external adjustment in the U.S., Japan and Germany from the perspective of net foreign asset …
Persistent link: https://www.econbiz.de/10014396281
This paper assesses the role of the deutsche mark as a key international currency. It first investigates the theoretical basis underlying the international use of a currency. Theoretical considerations indicate that several factors relating to the issuing country—including inflation...
Persistent link: https://www.econbiz.de/10014396438