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In der Diskussion um die Reform der föderalen Finanzverfassung wird oft eine Stärkung der Steuerautonomie der Länder …
Persistent link: https://www.econbiz.de/10013428352
and GDP. For Germany, we find strong evidence for Wagner’s law throughout the whole period analyzed (1960-2007), while our … Wagner’s law that ruins the sustainability of public finances in Germany. Our findings underline the importance of the German …
Persistent link: https://www.econbiz.de/10009528897
solely to Germany. Additionally, when we introduce the empirical evidence that capital income grows faster than non …
Persistent link: https://www.econbiz.de/10011381623
We analyse tax revenue elasticities by applying dynamic models to a new disaggregated dataset for Germany, which is …
Persistent link: https://www.econbiz.de/10009625561
This paper provides new evidence that taxes affect capital structure choice, using a unique and comprehensive panel data set which covers 86,173 German non-financial firms over the years 1973–2008. Following the Graham methodology to simulate marginal tax rates, we find a statistically and...
Persistent link: https://www.econbiz.de/10009625689
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
Bank distress can have severe negative consequences for the stability of the financial system, the real economy, and for public finances. Regimes for the restructuring and resolution of banks, financed by bank levies and fiscal backstops, seek to reduce these costs. Bank levies attempt to...
Persistent link: https://www.econbiz.de/10010459282
. Further simulations highlight the importance of increased savings preferences in Germany to explain the latter. …
Persistent link: https://www.econbiz.de/10011316580
The fundamental right to gender equality has played an important role in Germany's more recent constitutional history …
Persistent link: https://www.econbiz.de/10012024369
actually favors stabilization. In an empirical analysis for Germany, the paper adds support for the finding of significant … regional stabilization by fiscal flows. The results indicate that about 17 % of GDP variation across West Germany's states has … been removed by fiscal flows during the last two decades. Thus, in Germany where the fiscal federalism is criticised for …
Persistent link: https://www.econbiz.de/10013428245