Showing 1 - 10 of 51
In February 2017, Portugal implemented a tax on sugar-sweetened beverages (SSBs), under which producers were to be taxed according to the amount of sugar contained in the drinks they manufactured. We exploit administrative accounting data covering the universe of Portuguese firms between 2012...
Persistent link: https://www.econbiz.de/10012821074
We investigate whether the macroeconomic effects of government spending shocks vary with the level of uncertainty. Using postwar US data and a Self-Exciting Interacted VAR (SEIVAR) model, we find that fiscal spending has positive output effects in tranquil times but is contractionary during...
Persistent link: https://www.econbiz.de/10012116248
This paper quantifies the dynamic macroeconomic effects of tax changes in Germany, allowing for anticipation effects of …Diese Studie quantifiziert die makroökonomischen Effekte von Steuerrechtsänderungen in Deutschland und berücksichtigt …
Persistent link: https://www.econbiz.de/10012233938
Over the last decades many OECD countries introduced parental leave regulations in order to counteract low and decreasing birth rates. In general, these regulations aim at making parenthood more attractive and more compatible with a working career, especially for women. The recent German...
Persistent link: https://www.econbiz.de/10003900975
This paper examines the impact of a change in the German child benefit system in 1996, which led to a large increase in lump sum transfers to families with children. We analyze the impact on the labor force participation of family members. Comparing behavioral changes of adults with children...
Persistent link: https://www.econbiz.de/10003824840
The introduction of the German parental leave benefit (Elterngeld) applied to all children born on January 1st, 2007 or later. The new Elterngeld considerably changed the amount of transfers to families during the first two years postpartum. We show that the incentives created by using a cut-off...
Persistent link: https://www.econbiz.de/10003824845
scheme on households' propensities to save in a natural experiment framework. Estimation results from both the German Socio …
Persistent link: https://www.econbiz.de/10003941676
employees in small and medium-sized establishments by reducing training costs by 50%. The estimation is based on a quasi …
Persistent link: https://www.econbiz.de/10003900906
We analyze the importance of global shocks for the global economy and national policy makers. More specifically, we investigate whether monetary policy has become less effective in the wake of financial globalization. We also examine whether there is increasing uncertainty for central banks due...
Persistent link: https://www.econbiz.de/10003884937
COVID-19 has quickly emerged as a novel risk, generating feverish behavior among investors, and posing unprecedented challenges for policymakers. The empirical analysis provides evidence for a significant negative effect on stock markets of COVID-19-related measures announced in the Euro Area...
Persistent link: https://www.econbiz.de/10012250433