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Dynamic effects of persistent shocks
Alloza, Mario; Gonzalo Muñoz, Jesus; Sanz, Carlos - 2019
Persistent link: https://www.econbiz.de/10012158755
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Normative fiscal policy and growth : some quantitative implications for the Chilean economy
Espino, Emilio; González Rozada, Martín - 2013
This paper explores the qualitative and quantitative implications of optimal taxation in a developing economy when … economic growth is endogenously determined. We differentiate this class of economies from a developed economy in two aspects … equilibrium allocations and Ramsey allocations in the context of a small open economy in which the interest rate is endogenously …
Persistent link: https://www.econbiz.de/10011303820
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Choosing the European fiscal rule
Buss, Ginters; Grüning, Patrick; Tkačevs, Olȩgs - 2021
Persistent link: https://www.econbiz.de/10012792380
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Why don't we follow the rules? : drivers of compliance with fiscal policy rules in emerging markets
Ardanaz, Martin; Ulloa-Súarez, Carolina; Valencia, Oscar M. - 2023
Under what conditions do countries comply with their fiscal policy rules? We tackle this question in the context of emerging countries, with a specific focus on Latin America and the Caribbean, a region where fiscal rules have become increasingly common in recent decades. Based on an original...
Persistent link: https://www.econbiz.de/10014546272
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Can helping the sick hurt the able? : incentives, information and disruption in a disability-related welfare reform
Bagaria, Nitika; Petrongolo, Barbara; Van Reenen, John - 2015
Disability rolls have escalated in developed nations over the last 40 years. The UK, however, stands out because the numbers on these benefits stopped rising when a welfare reform was introduced that integrated disability benefits with unemployment insurance (UI). This policy reform improved job...
Persistent link: https://www.econbiz.de/10010508486
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Tight money-tight credit : coordination failure in the conduct of monetary and financial policies
Carrillo, Julio A.; Mendoza, Enrique G.; Nuguer, Victoria; … - 2019
Violations of Tinbergen's Rule and strategic interaction undermine monetary and financial policies significantly in a New Keynesian model with the Bernanke-Gertler accelerator. Welfare costs of risk shocks are large because of efficiency losses and income effects of costly monitoring, but they...
Persistent link: https://www.econbiz.de/10012127412
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On the design of labor market programs as stabilization policies
Jung, Euiyoung - 2021
Persistent link: https://www.econbiz.de/10012548125
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Direktinvestitionen und ihre Bedeutung für die Internationalisierung und die Integration von Volkswirtschaften
Schumann, Rolf - 1999
Persistent link: https://www.econbiz.de/10000677449