Showing 1 - 10 of 942
matter of course that economics should become a natural science. Such a characterization misses an essential aspect of a …
Persistent link: https://www.econbiz.de/10011700543
Whether observed differences in redistributive policies across countries are the result of differences in social preferences or efficiency constraints is an important question that paves the debate about the optimality of welfare regimes. To shed new light on this question, we estimate labor...
Persistent link: https://www.econbiz.de/10009240828
imported from the English-speaking world. The crisis in Keynesian economics in the mid-1970s led to what has been described as … academic economics, ordoliberal concepts were used to inform debates about pressing issues of the day such as unemployment … programs such as the new institutional economics or constitutional economics. The paper argues that the renaissance of …
Persistent link: https://www.econbiz.de/10014304519
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
economic constitution for Europe in which several pillars supposedly aim at ensuring sound money in the Eurozone. The policies … unconventional monetary policy in Europe show that German economic policy largely responded pragmatically to the challenges offered …
Persistent link: https://www.econbiz.de/10010528303
The paper compares the boom-and-bust cycles in Japan and Europe with respect to the reasons for excessive booms, the … well as gradual real income losses, the economic policy implication for Japan and Europe is the timely exit from the … current crisis therapies. -- Japan ; Europe ; bubble economy ; European crisis ; low interest rate policy ; government debt …
Persistent link: https://www.econbiz.de/10009743745
This paper examines the impact of economic uncertainty shocks on the populist voting behavior in the panel dataset of 24 European Union (EU) countries for the period from 1980 to 2020. In so doing, we focus on the shares of total populism, right-wing populism, and left-wing populism votes as...
Persistent link: https://www.econbiz.de/10012263395
This paper studies the long-term impact of a paid parental leave reform in former East Germany in 1986 on maternal physical and mental health and subjective well-being. The reform extended paid leave for first-time mothers by six months to a maximum of twelve months. I use representative survey...
Persistent link: https://www.econbiz.de/10014228411
This paper develops an expanded framework for social planning in which the existence of coercion is explicitly acknowledged. Key issues concern the precise definition of coercion for individuals and in the aggregate, its difference from redistribution, and its incorporation into normative...
Persistent link: https://www.econbiz.de/10003791813
This article, based on two books (2008, forthcoming), sets out principles for pension design: pension systems have multiple objectives, analysis should consider the pension system as a whole, analysis should be in a second-best context, different systems share risks differently and have...
Persistent link: https://www.econbiz.de/10003806720