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Calmfors, Lars; Wren-Lewis, Simon - 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/10009011182

Appropriate fiscal policy over the business cycle : proper stimulus policies can work

Graves, Philip E. - 2010

Fiscal policy has become quite controversial in the post-Keynesian era, the debate over the Obama stimulus package being a contentious recent example. Some pundits go so far as to take the position that macroeconomic theory has failed to meaningfully progress in terms of providing useful...

Persistent link: https://www.econbiz.de/10008653412

The US economy and the election : letter from America

Galbraith, James K. - In: Intereconomics : review of European economic policy 59 (2024) 2, pp. 119-120

Persistent link: https://www.econbiz.de/10014520778

Innovation network

Acemoglu, Daron; Akcigit, Ufuk; Kerr, William R. - 2016

-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …

Persistent link: https://www.econbiz.de/10011557905

Explaining the decline in the US labor share : taxation and automation

Heer, Burkhard; Irmen, Andreas; Süssmuth, Bernd - 2022

change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor …

Persistent link: https://www.econbiz.de/10013206154

Financial constraints and moral hazard : the case of franchising

Fan, Ying; Kühn, Kai-Uwe; Lafontaine, Francine - 2013

Financial constraints are an important impediment to the growth of small businesses. We study theoretically and … decisions and growth of principals, in the context of franchising. We find that a 30 percent decrease in average … waiting time, and slows their growth by around 10 percent, leading to a 10 percent reduction in franchised chain employment. …

Persistent link: https://www.econbiz.de/10010210716

The elusive quest for the holy grail of an impact of EU funds on regional growth

Fidrmuc, Jan; Hulényi, Martin; Zajkowska, Olga - 2019

We analyze the impact of EU structural and cohesion funds on economic growth of European regions, using 2SLS to tackle … economic growth in the EU. The inter-regional spillovers in the effect of Cohesion Policy on regional growth are found to be … redistribution: institutional reform can also help boost growth performance. …

Persistent link: https://www.econbiz.de/10012138778

Are EU non-reciprocal trade preferences passé?

McQueen, Matthew - In: Intereconomics : review of European economic policy 42 (2007) 4, pp. 205-218

Persistent link: https://www.econbiz.de/10003513670

The surprisingly swift decline of U.S. manufacturing employment

Pierce, Justin R.; Schott, Peter K. - 2014

This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U.S. trade policy that eliminated potential tariff increases on Chinese imports. Industries where the threat of tariff hikes declines the most experience more severe employment...

Persistent link: https://www.econbiz.de/10010229883

Are EC-Japan-US trade relations at the crossroads?

Sinha, Radha - In: Intereconomics : review of European economic policy 25 (1990) 5, pp. 229-237

The Uruguay Round negotiations are currently passing through a critical phase after four years of strenuous bargaining. The ultimate success of the negotiations largely depends on the attitudes of the USA, the EC and Japan. What are the main contentious issues between these three and how are...

Persistent link: https://www.econbiz.de/10011546618