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Europe Agreements and Trade Balance : Evidence from Four New EU Members
Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert - 2021
This paper analyses the trade balance effects of Europe agreements (EA) between the EU-15 and four new EU members from Central and Eastern Europe (CEEC-4) using both static and dynamic panel data approaches. Specifically, the system Generalized Method of Moments (GMM, Blundell and Bond, 1998)...
Persistent link: https://www.econbiz.de/10013316072
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What Should Fiscal Councils Do?
Calmfors, Lars - 2011
The paper analyses theoretically what role fiscal councils could play and surveys empirically the activities of existing councils. Case studies of the Swedish Fiscal Policy Council and the UK Office for Budget Responsibility are done. It is concluded that fiscal councils should be advisory,...
Persistent link: https://www.econbiz.de/10013128042
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The Case for a Progressive Tax : From Basic Research to Policy Recommendations
Diamond, Peter A. - 2011
This paper presents the case for tax progressivity based on recent results in optimal tax theory. We consider the optimal progressivity of earnings taxation and whether capital income should be taxed. We critically discuss the academic research on these topics and when and how the results can be...
Persistent link: https://www.econbiz.de/10013121199
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Ideology and Dissent Among Economists : The Joint Economic Forecast of German Economic Research Institutes
Ngo, Ha Quyen - 2015
Economists, and also economic research institutes, differ in their attitudes towards desirability of economic policies. The policy positions taken can often be determined by ideology. We examine economic policy positions by investigating minority votes in the Joint Economic Forecast of German...
Persistent link: https://www.econbiz.de/10013020572
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Behavioral and Experimental Economics can Inform Public Policy : Some Thoughts
Riedl, Arno - 2010
Experimental and behavioral economics are well established branches in the economic science. This essay presents and discusses some results and behavioral regularities from these fields which are of potential importance for public policy. After a brief introduction of what experimental and...
Persistent link: https://www.econbiz.de/10013149003
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Productive Government Expenditure and Economic Growth
Irmen, Andreas; Kuehnel, Johanna - 2021
We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
Persistent link: https://www.econbiz.de/10013316522
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On the Process of Scientific Policy Advice - With Special Reference to Economic Policy
Kirchgässner, Gebhard - 2015
We first show three major disagreements among today's leading economists: the minimum wage, the effects of large government debt and the politics of the European Central Bank. Using a prominent and highly relevant example, the possible deterrent effect of death penalty, we demonstrate how...
Persistent link: https://www.econbiz.de/10013030313
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The Swedish Fiscal Policy Council : Watchdog with a Broad Remit
Calmfors, Lars - 2012
The Swedish Fiscal Policy Council (FPC) set up in 2007 is one example of the recent international trend to create independent fiscal watchdogs. The FPC has established itself as an important participant in the Swedish economic policy discussion. The FPC has small resources and a broad remit...
Persistent link: https://www.econbiz.de/10013111364
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Is Human Capital Losing from Outsourcing? Evidence for Austria and Poland
Lorentowicz, Andzelika - 2006
and Poland that with the new international division of labour emerging in Europe Austria, the high income country, is … specializing in the low skill intensive part of the value chain and Poland, the low income country, is specializing in the high … skill part. As a result, skilled workers in Austria are losing from outsourcing, while gaining in Poland. In Austria …
Persistent link: https://www.econbiz.de/10012783602
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Unconventional Fiscal Policy
D'Acunto, Francesco; Hoang, Daniel; Weber, Michael - 2021
the effectiveness of such policies using changes in value-added tax (VAT) and household survey data for Poland. We find …
Persistent link: https://www.econbiz.de/10013315437