Similar Search Results

Fiscal consolidation and automatic stabilization : new results

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas; … - 2019 - This version: December 17, 2019

We analyze how the combined effect of automatic stabilizers and discretionary changes in taxbenefit systems have affected the cushioning of income shocks in the Euro zone and the EU-27 in the period 2007-2014. We propose a new summary measure of the combined effect of automatic stabilizers and...

Persistent link: https://www.econbiz.de/10012154947

Reconciling insurance with market discipline : a blueprint for a European fiscal union

Dolls, Mathias; Fuest, Clemens; Heinemann, Friedrich; … - 2016

This contribution develops a blueprint for a European fiscal union. We argue that a viable European fiscal union can be constructed without joint liability for public debt or a centralized government with a large common budget. Such a fiscal union should combine elements of market discipline...

Persistent link: https://www.econbiz.de/10011431564

Austerity, growth and inflation : remarks on the Eurozone's unresolved competitiveness problem

Sinn, Hans-Werner - 2013

While the financial protection measures enacted by the ECB and the community of Eurozone members have calmed financial markets, they have left the competitiveness problem of the Eurozone's southern countries and France unresolved. The paper compares price inflation before the crisis with the...

Persistent link: https://www.econbiz.de/10009691625

Does size matter? : the impact of changes in household structure on income distribution in Germany

Peichl, Andreas; Pestel, Nico; Schneider, Hilmar - 2010

Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood … ; decomposition ; Germany …

Persistent link: https://www.econbiz.de/10008698414

Bounds of unfair inequality of opportunity : theory and evidence for Germany and the US

Niehues, Judith; Peichl, Andreas - 2012

illustrate our approach by comparing Germany and the US based on harmonized micro data. We find significant, sizeable and robust …

Persistent link: https://www.econbiz.de/10009535094

When will the Germans get trapped in their pension system?

Sinn, Hans-Werner; Übelmesser, Silke - 2001

The upcoming demographic crisis in Germany demands fundamentalreforms of the pension system. In a democracy, reforms …. After 2023, Germany will be characterizedby a gerontocratic system where the old decide over the young. Only the fearthat …

Persistent link: https://www.econbiz.de/10011400295

The elasticity of taxable income in the presence of deduction possibilities

Doerrenberg, Philipp; Peichl, Andreas; Siegloch, Sebastian - 2015

administrative tax records, we exploit several tax reforms that were implemented in Germany between 2001 and 2008. Our main estimates …

Persistent link: https://www.econbiz.de/10010528302

Target balances and the German financial account in light of the European balance-of-payments crisis

Sinn, Hans-Werner; Wollmershäuser, Timo - 2012

look at the components of this reversal of capital flows for the case of Germany. Its main finding is that most of the … Germany is small by comparison, with purchases of German government bonds increasing substantially, in particular by Spanish … and Irish investors. Some foreign capital even left Germany. In net terms, over the years 2008, 2009 and 2011 foreigners …

Persistent link: https://www.econbiz.de/10009689403

Exporting and labor demand : micro-level evidence from Germany

Lichter, Andreas; Peichl, Andreas; Sieglich, Sebastian - 2014

It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the effect of firms' exporting behavior on the elasticity of labor demand. Using rich, German administrative linked employer-employee panel...

Persistent link: https://www.econbiz.de/10010250050

Buffering volatility : a study on the limits of Germany's energy revolution

Sinn, Hans-Werner - 2016

,000 pumped storage plants, which is 183 times Germany's current capacity, would nevertheless be huge. Taking the volatility of … difficult for Germany to pursue its energy revolution beyond merely replacing nuclear fuel towards a territory where it can also …

Persistent link: https://www.econbiz.de/10011488155