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Facing very modest GDP growth in Germany in 2001 and 2002, it is investigated if potential output will – as usually expected – grow by 1.5 to 2.0 percent until 2005. The incentives to work and to invest and their changes in the nineties are analyzed. Given the foreseeable changes of these...
Persistent link: https://www.econbiz.de/10010265581
The stance of fiscal policy in Germany changed in the course of 1999. Government expenditures were cut, significant tax … reductions are intended. Fiscal policy fosters the growth of the economy. However, the tax cuts are by far not as large as is …
Persistent link: https://www.econbiz.de/10010285353
Tax reform is a permanent topic of the economic policy debate in Germany. The paper presents a radical reform proposal … (as well as a survey of other proposals) and describes some steps towards the realization of the proposal. The tax system … proposed mainly consists of a value added tax, a flat wage income tax, and a cash flow tax. The proposal resembles the proposal …
Persistent link: https://www.econbiz.de/10010285716
Persistent link: https://www.econbiz.de/10011438817
Combining a Dynamic Computable General Equilibrium (DCGE) model of the Yemeni economy with a microsimulation model that …
Persistent link: https://www.econbiz.de/10010286324