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Die konjunkturelle Ausrichtung der Schweizer Finanzpolitik im internationalen Vergleich : Ex-Ante- vs. Ex-Post-Betrachtung
Lampart, Daniel (contributor) - 2005
Finanzpolitik ex post oder ex ante betrachtet wird, fällt die Schweiz durch eine prozyklische Ausrichtung auf. Politökonomische …- und Ausgabenpolitik zu machen, hat die Schweizer Finanzpolitik in der Vergangenheit die Konjunkturentwicklung immer wieder … verstärkt. In der vorliegenden Studie wird die konjunkturelle Ausrichtung der Schweizer Finanzpolitik im internationalen …
Persistent link: https://www.econbiz.de/10003289365
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Anmerkungen zur Schuldenbremse
Müller-Kademann, Christian (contributor) - 2003 - [Elektronische Ressource]
Volk und Stände der Schweiz beschlossen 2001, den absoluten Schuldenstand des Staates im Konjunkturverlauf zu begrenzen … eine gewisse Flexibilität, die die Erfahrungen der Schweiz für eine Reform des Stabilitätspaktes interessant erscheinen …
Persistent link: https://www.econbiz.de/10001883260
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Incentive effects of fiscal rules on the finance minister's behaviour : evidence from revenue projections in Swiss Cantons
Chatagny, Florian - 2013
Predicting available tax revenue accurately is a key step of fiscal policy. It has recently been shown that revenue prediction errors have a direct impact on fiscal deficits. In the current paper we explore the relationship between the ideology of the finance minister and tax revenue projection...
Persistent link: https://www.econbiz.de/10010213021
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Decision-making institutions and voters' preferences for fiscal policies
Galletta, Sergio - 2018
This paper examines the effect of local political decision-making institutions (i.e., direct democracy vs. representative democracy) on citizens' preferences toward public spending. Exogenous variation in institutions comes from a regression discontinuity design, which exploits a discrete change...
Persistent link: https://www.econbiz.de/10011977357
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Monetary-fiscal policy interaction and fiscal inflation : a tale of three countries
Kliem, Martin; Kriwoluzky, Alexander; Sarferaz, Samad - 2015
We study the impact of the interaction between fiscal and monetary policy on the low-frequency relationship between the fiscal stance and inflation using cross-country data from 1965 to 1999. In a first step, we contrast the monetary-fiscal narrative for Germany, the U.S. and Italy with evidence...
Persistent link: https://www.econbiz.de/10011379217
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Using real-time data to test for political budget cycles
Jong-A-Pin, Richard; Sturm, Jan-Egbert; Haan, Jakob de - 2012
We use real-time annual data on the fiscal balance, government current spending, current revenues and net capital outlays as published at a half yearly frequency in the OECD Economic Outlook for 25 OECD countries. For each fiscal year t we have a number of forecasts, a first release, and...
Persistent link: https://www.econbiz.de/10009629745
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Despite or because? - Some lessons of German unification for EU enlargement
Busch, Ulrich (contributor);  … - 2004 - [Elektronische Ressource]
The former German chancellor Helmut Schmidt holds that despite the huge transfers from West to East Germany the East German economy does not take off as it was widely expected. We argue it is not despite these transfers but because of them. Building on the common features of the extension of the...
Persistent link: https://www.econbiz.de/10002202979
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Do budgetary institutions mitigate the common pool problem? : new empirical evidence for the EU /
Haan, Jakob de; Jong-A-Pin, Richard; Mierau, Jochen O. - 2012 - Accepted version, May 2012
We analyze how budgetary institutions affect government budget deficits in member states of the European Union during 1984-2003 employing new indicators provided by Hallerberg et al. (2009). Using panel fixed effects models, we examine whether the impact of budgetary institutions on budget...
Persistent link: https://www.econbiz.de/10009541240
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Do expected downturns kill political budget cycles?
Bohn, Frank; Sturm, Jan-Egbert - 2020
The political budget cycle (PBC) literature argues that governments expand deficits in election years. However, what happens when an economic downturn is expected? Will the government allow the deficit to expand even further, or will it resort to spending cuts and tax increases? When voters...
Persistent link: https://www.econbiz.de/10012233000
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Fiscal responses to monetary policy : insights from a survey among government officials
Dibiasi, Andreas; Mikosch, Heiner; Sarferaz, Samad; … - 2024
This paper leverages a novel survey among German senior government officials to investigate fiscal responses to monetary policy shocks. Using randomized vignette treatments, we present officials with scenarios of increased government interest costs and analyze their expected fiscal adjustments....
Persistent link: https://www.econbiz.de/10015053809