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Discretionary fiscal policy : review and estimates for the EU

Beetsma, Roel; Giuliodori, Massimo - 2010

We briefly review the theoretical and empirical consequences of discretionary fiscal policy changes, after which we provide our own estimates for the EU countries. A fiscal expansion raises output and consumption and reduces the trade balance. Moreover, the stimulating effect of higher...

Persistent link: https://www.econbiz.de/10003937804

Structural distortions and decentralized fiscal policies in EMU

Beetsma, Roel; Bovenberg, Ary Lans - 2001

The combination of discretionary monetary policy, labor-market distortions and nominal wage rigidity yields an inflation bias as monetary policy tries to exploit nominal wage contracts to address labour-market distortions Although an inflation target eliminates this inflation bias, it creates a...

Persistent link: https://www.econbiz.de/10011398780

Is fiscal policy coordination in EMU desirable?

Beetsma, Roel; Debrun, Xavier; Klaassen, Franc - 2001

It is widely argued that Europe's unified monetary policy calls for the international coordination at the fiscal level. We survey the issues involved with such coordination of fiscal policy as a demand management tool and we use a simple model to investigate the circumstances under which...

Persistent link: https://www.econbiz.de/10011400878

Designing a permanent EU-wide stabilization facility

Beetsma, Roel; Kopits, György - 2020

While the EU recovery plan provides a useful step in alleviating the economic effects of the coronavirus crisis and achieving further European integration, a permanent fiscal stabilization capacity dealing with major crises is still missing. Such a EU-wide stabilization function would be in...

Persistent link: https://www.econbiz.de/10012382236

Why pay more? : corporate tax avoidance through transfer pricing in OECD countries

Bartelsman, Eric J.; Beetsma, Roel - 2000

This paper presents evidence of profit shifting in response to differences in corporate tax rates for a large selection … of OECD countries. In our estimates we control for the effects of tax rate changes on real activity. Our baseline … estimates suggest that, on average, a unilateral increase in the corporate tax rate does not lead to an increase in corporate …

Persistent link: https://www.econbiz.de/10009781601

What kind of EU fiscal capacity? : evidence from a randomized survey experiment in five European countries in times of Corona

Beetsma, Roel; Burgoon, Brian; Nicoli, Francesco; … - 2020

fine in the case of non-compliance. Further, there is broad acceptance of long-run redistribution towards poorer countries …. Financing the assistance through a progressive tax increase is more popular than through a flat tax increase. In general, there …

Persistent link: https://www.econbiz.de/10012258505