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Arbeits- und Investitionsanreize in Deutschland: die Rolle der Abgaben- und Transferpolitik als Determinante des Wachstums des Produktionspotentials
Boss, Alfred - 2003
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
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Steuer- und Ausgabenpolitik in Deutschland
Boss, Alfred - 2000
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 often argued; the plan to reform profit taxation...
Persistent link: https://www.econbiz.de/10010285353
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Interest Rate Hysteresis in Macroeconomic Investment under Uncertainty
Belke, Ansgar H.; Göcke, Matthias - 2019
The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … capital stock and, explicitly, of stochastic changes on the interest rate-investment hysteresis. Starting with hysteresis …
Persistent link: https://www.econbiz.de/10012141203
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Interest Rate Bands of Inaction and Play-Hysteresis in Domestic Investment: Evidence for the Euro Area
Belke, Ansgar H.; Frenzel Baudisch, Coletta; Göcke, … - 2019
The interest rate represents an important monetary policy tool to steer investment in order to reach price stability …. Therefore, implications of the exact form and magnitude of the interest rate-investment nexus for the European Central Bank … impact of changes in the interest rate on macroeconomic investment under certainty and under uncertainty to investigate …
Persistent link: https://www.econbiz.de/10012141204