Similar Search Results

D'Erasmo, Pablo - 2015

The question of what is a sustainable public debt is paramount in the macroeconomic analysis of fiscal policy. This question is usually formulated as asking whether the outstanding public debt and its projected path are consistent with those of the government's revenues and expenditures (i.e....

Persistent link: https://www.econbiz.de/10013015486

What is a sustainable public debt?

D'Erasmo, Pablo N.; Mendoza, Enrique G.; Zhang, Jing - 2015

Persistent link: https://www.econbiz.de/10011372615

Labour tax reforms, cross-country coordination and the monetary policy stance in the euro area : a structural model-based approach

Jacquinot, Pascal; Lozej, Matija; Pisani, Massimiliano - 2018

We evaluate the effects of permanently reducing labour tax rates in the euro area (EA) by simulating a large-scale open economy dynamic general equilibrium model. The model features the EA as a monetary union, split in two regions (Home and the rest of the EA - REA), the US, and the rest of the...

Persistent link: https://www.econbiz.de/10011792134

Winners and losers of tax competition in the European Union

Mendoza, Enrique G.; Tesar, Linda L. - 2003

Persistent link: https://www.econbiz.de/10001816490

Assessing asset purchases within the ECB’s Securities Markets Programme

Eser, Fabian; Schwaab, Bernd - 2013

Persistent link: https://www.econbiz.de/10010195421

A quantitative analysis of tax competition v. tax coordination under perfect capital mobility

Mendoza, Enrique G.; Tesar, Linda L. - 2003

Persistent link: https://www.econbiz.de/10001763768

Global models for a global pandemic: the impact of COVID-19 on small euro area economies

García, Pablo; Jacquinot, Pascal; Lenarcic, Crt; … - 2021

next generation EU instrument is more effective when financed using a tax on consumption. …

Persistent link: https://www.econbiz.de/10012643287

Euro area sovereign bond risk premia during the Covid-19 pandemic

Corradin, Stefano; Grimm, Niklas; Schwaab, Bernd - 2021

framework to study the impact of European Central Bank (ECB) monetary policy and European Union (E.U.) fiscal policy …

Persistent link: https://www.econbiz.de/10012519519

Macroeconomic effects of carbon transition policies : an assessment based on the ECB's New Area-Wide Model with a disaggregated energy sector

Coenen, Günter; Lozej, Matija; Priftis, Romanos - 2023

We use scenario analysis to assess the macroeconomic effects of carbon transition policies aimed at mitigating climate change. To this end, we employ a version of the ECB's New Area-Wide Model (NAWM) augmented with a framework of disaggregated energy production and use, which distinguishes...

Persistent link: https://www.econbiz.de/10014315252

Can EU bonds serve as euro- denominated safe assets?

Bletzinger, Tilman; Greif, William; Schwaab, Bernd - 2022

bonds issued by the European Union (EU) are widely considered to be of high credit quality, and that their yield spread over … German Bunds remained contained during the 2020 Covid-19 pandemic recession. Recent issuances and taps under the EU's SURE … and NGEU initiatives helped improve EU bonds' market liquidity from previously low levels, also reducing liquidity risk …

Persistent link: https://www.econbiz.de/10013342231