Narrow search
Showing 1 - 10 of 493
Cover Image
Does Inequality Cause Inflation? The Political Economy of Inflation, Taxation and Government Debt
Beetsma, Roel; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 1992
A democratic society in which the distribution of wealth is unequal elects political parties which tend to represent …
Persistent link: https://www.econbiz.de/10005792370
Cover Image
Political Economics and Macroeconomic Policy
Persson, Torsten; Tabellini, Guido - C.E.P.R. Discussion Papers - 1997
fiscal policy in a dynamic general equilibrium set up; the main topics covered in this section are credibility of tax policy …
Persistent link: https://www.econbiz.de/10005498016
Cover Image
State Capacity and Military Conflict
Gennaioli, Nicola; Voth, Hans-Joachim - C.E.P.R. Discussion Papers - 2011
In 1500, Europe was composed of hundreds of statelets and principalities, with weak central authority, no monopoly over the legitimate use of violence, and multiple, overlapping levels of jurisdiction. By 1800, Europe had consolidated into a handful of powerful, centralized nation states. We...
Persistent link: https://www.econbiz.de/10009385769
Cover Image
Taxation and International Migration of Superstars: Evidence from the European Football Market
Kleven, Henrik; Landais, Camille; Saez, Emmanuel - C.E.P.R. Discussion Papers - 2010
This paper analyzes the effects of top earnings tax rates on the international migration of top football players in … Europe. We construct a panel data set of top earnings tax rates, football player careers, and club performances in the first … leagues of 14 European countries since 1980. We identify the effects of top earnings tax rates on migration using a number of …
Persistent link: https://www.econbiz.de/10008784700
Cover Image
Fiscal Policy in Europe: The Past and Future of EMU Rules from the Perspective of Musgrave and Buchanan
Buti, Marco; Sapir, André - C.E.P.R. Discussion Papers - 2006
During the ‘Golden Age’ that lasted until the mid-1970s, Europe witnessed a "public finance" phase, when the three sides of Musgrave’s triangle - allocative efficiency, redistribution and cyclical stabilisation - seemed to reinforce one another. EMU's fiscal rules - embodied in the...
Persistent link: https://www.econbiz.de/10005791965
Cover Image
The Limits to Fiscal Stimulus
Buiter, Willem H. - C.E.P.R. Discussion Papers - 2009
The paper considers the case for an internationally coordinated further fiscal stimulus during the second half of 2009. Although this makes some of the analysis period-specific, most of the issues and principles considered are timeless. For a fiscal stimulus to be both effective there must be...
Persistent link: https://www.econbiz.de/10008557012
Cover Image
Banking crises, Output Loss and Fiscal Policy
Röger, Werner; Székely, Istvan P.; Turrini, … - C.E.P.R. Discussion Papers - 2010
This paper analyses the role fiscal policy plays during banking crises in supporting short-term GDP growth and the growth potential. Using a database covering 56 advanced and emerging economies for the period 1970-2008, it is found that fiscal policy, whether it is expansionary or...
Persistent link: https://www.econbiz.de/10008468578
Cover Image
Heterogeneity and Government Revenues: Higher Taxes at the Top?
Guner, Nezih; Lopez-Daneri, Martin; Ventura, Gustavo - C.E.P.R. Discussion Papers - 2014
We evaluate the effectiveness of a more progressive tax scheme in raising government revenues. We develop a life …-cycle economy with heterogeneity and endogenous labor supply. Households face a progressive income tax schedule, mimicking the … Federal Income tax, and flat-rate taxes that capture payroll, state and local taxes and the corporate income tax. We …
Persistent link: https://www.econbiz.de/10011083288
Cover Image
Technology-Hours Redux: Tax Changes and the Measurement of Technology Shocks
Mertens, Karel; Ravn, Morten O - C.E.P.R. Discussion Papers - 2010
find that tax shocks have significant long run effects on aggregate hours, output and labor productivity. We also find that …, after controlling for tax shocks, permanent shocks to labor productivity generate short run increases in hours worked and …
Persistent link: https://www.econbiz.de/10008466342
Cover Image
The Political Cost of Reforms
Bonfiglioli, Alessandra; Gancia, Gino A - C.E.P.R. Discussion Papers - 2011
This paper formalizes in a fully-rational model the popular idea that politicians perceive an electoral cost in adopting costly reforms with future benefits and reconciles it with the evidence that reformist governments are not punished by voters. To do so, it proposes a model of elections where...
Persistent link: https://www.econbiz.de/10009644031