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Corneo, Giacomo - 2009

In Folge der starken Rezession kommt es durch diskretionäre Maßnahmen der Bundesregierung und die Auswirkung der automatischen Stabilisatoren zu einem erheblichen Anstieg des Staatsdefizits. Im Ergebnis wird das Niveau der öffentlichen Verschuldung bei Rückkehr zur wirtschaftlichen...

Persistent link: https://www.econbiz.de/10003962777

Optimal secession rules

Bordignon, Massimo - 1999

Should the constitution of a federation allow for peaceful secession? Constitutionally defined secession rules are … benefit from the perceived long-term stability of the federation and constitutionally defined secession rules increase the … secession rules. If transfers are costly, the trade off is present even if ex post renegotiation is allowed. Finally, we show …

Persistent link: https://www.econbiz.de/10013428275

Does expenditure composition influence the debt level? : evidence from German federal states

Stegarescu, Dan - 2013

Despite strongly equalized per capita revenue and similar budgetary institutions, fiscal performance is increasingly diverging across German federal states. Given that state and local governments are endowed with expenditure autonomy, this paper investigates whether the composition of...

Persistent link: https://www.econbiz.de/10010225574

Race to the debt trap? : spatial econometric evidence on debt in German municipalities

Fossen, Frank M.; Freier, Ronny; Martin, Thorsten - 2014

Through an intertemporal budget constraint, jurisdictions may gain advantages in tax and spending competition by 'competing' on debt. While the existing spatial econometric literature focuses on tax and spending competition, very little is known about spatial interaction via public debt. This...

Persistent link: https://www.econbiz.de/10010233999

Dynastic management

Caselli, Francesco (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003356653

The economic situation of first- and second-generation immigrants in France, Germany and the United Kingdom

Alganand, Yann; Dustmann, Christian; Glitz, Albrecht; … - 2009

A central concern about immigration is the integration into the labour market, not only of the first generation, but also of subsequent generations. Little comparative work exists for Europe's largest economies. France, Germany and the United Kingdom have all become, perhaps unwittingly,...

Persistent link: https://www.econbiz.de/10003894405

Intergenerational mobility and the rise and fall of inequality : lessons from Latin America

Neidhöfer, Guido - 2016

Countries with high income inequality also show a strong association between parents ́and childrenś economic well-being; i.e. low intergenerational mobility. This study is the first to test this relationship in a between and within country setup, using harmonized micro data from 18 Latin...

Persistent link: https://www.econbiz.de/10011440819

Intergenerational transfers and wealth in the Euro-area : the relevance of inheritances and gifts in absolute and relative terms

Tiefensee, Anita; Westermeier, Christian - 2016

Private wealth is a crucial factor for the economic well-being of households. Key determinants of private wealth include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research suggests. We conduct a detailed investigation of the...

Persistent link: https://www.econbiz.de/10011440820

Dynastic inequality compared : multigenerational mobility in the US, the UK, and Germany

Neidhöfer, Guido; Stockhausen, Maximilian - 2016

Using harmonized household survey data, we analyse long run social mobility in the US, the UK, and Germany and test recent theories of multigenerational persistence of socio-economic status. In this country comparison setting we find evidence against Gregory Clark's "universal law of social...

Persistent link: https://www.econbiz.de/10011548051

Parental background matters : intergenerational mobility and assimilation of Italian immigrants in Germany

Bönke, Timm; Neidhöfer, Guido - 2014

We investigate the hypothesis of failed integration and low social mobility of immigrants. For this purpose, an intergenerational assimilation model is tested empirically on household survey data and validated against administrative data provided by the Italian Embassy in Germany. In line with...

Persistent link: https://www.econbiz.de/10010408476

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