Similar Search Results

Labor tax reductions in Europe : the role of property taxation

Bielecki, Marcin; Stähler, Nikolai - 2018

We use a New Keynesian DSGE model with search frictions on the housing market to evaluate how financing a labor tax … reduction by higher property taxation affects the real economy and welfare. Search on the housing market enables us to …

Persistent link: https://www.econbiz.de/10011897973

The effect of the Brexit referendum result on subjective well-being

Kavetsos, Georgios; Kawachi, Ichirō; Kyriopoulos, Ilias; … - 2018

Persistent link: https://www.econbiz.de/10011947702

Information effects of euro area monetary policy : new evidence from high-frequency futures data

Kerssenfischer, Mark - 2019

seemingly puzzling results for the euro area and provide evidence that they are due to central bank information effects. That is … wide set of financial market prices and survey measures of economic expectations. …

Persistent link: https://www.econbiz.de/10011972952

The economic effects of Brexit : evidence from the stock market

Breinlich, Holger; Leromain, Elsa; Novy, Dennis; … - 2018

Persistent link: https://www.econbiz.de/10011928024

Uncertainty about QE effects when an interest rate peg is anticipated

Gerke, Rafael; Giesen, Sebastian; Kienzler, Daniel - 2018

After hitting the lower bound on interest rates, the Eurosystem engaged in a public sector purchase programme (PSPP) and forward guidance (FG). We use prior and posterior predictive analysis to evaluate the importance of parameter uncertainty in an analysis of these policies. We model FG as an...