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Capital taxation, long-run growth, and bequests
Kunze, Lars - 2009
It has been shown that higher capital taxes can have a growth-enhancing effect when combined with a revenue-compensating cut in wage taxes (Uhlig and Yanagawa 1996; European Economic Review 40, 1521-1540) or with an expansion in productivity-increasing public services (Rivas 2003; European Economic...
Persistent link: https://www.econbiz.de/10003850899
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Energy consumption and economic growth : new insights into the cointegration relationship
Belke, Ansgar; Dreger, Christian; Haan, Frauke de - 2010
. Kausalitätstests ergeben eine bidirektionale kausale Beziehung zwischen Energieverbrauch und Wirtschaftswachstum. …
Persistent link: https://www.econbiz.de/10003975447
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Immigration and structural change : evidence from post-war Germany
Braun, Sebastian; Kvasnicka, Michael - 2012
Does immigration accelerate sectoral change towards high-productivity sectors? This paper uses the mass displacement of ethnic Germans from Eastern Europe to West Germany after World War II as a natural experiment to study this question. A simple two-sector model of the economy, in which moving...
Persistent link: https://www.econbiz.de/10009580140
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Ready for take-off? : the economic effects of regional airport expansion
Breidenbach, Philipp - 2015
This paper analyzes whether the expansion of regional airports in Germany caused positive spillover effects on the surrounding economies, exploiting the deregulation of the European aviation market as a quasi-experiment. Such potential spillovers are often used as an argument for the substantial...
Persistent link: https://www.econbiz.de/10010519169
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Planned fiscal consolidations and growth forecast errors : new panel evidence on fiscal multipliers
Belke, Ansgar; Kronen, Dominik; Osowski, Thomas - 2015
This paper analyzes the effect of planned fiscal consolidation on GDP growth forecast errors from the years 2010–2013 using cross section analyses and fixed effects estimations. Our main findings are that fiscal multipliers have been underestimated in most instances for the year 2011 while we...
Persistent link: https://www.econbiz.de/10011336937
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It's the debt-growth nexus again : evidence from a long panel of regional-government liabilities
Mitze, Timo; Matz, Florian - 2013
Veränderung im öffentlichen Schuldenstand und Wirtschaftswachstum hin. Dabei fördert eine Ausweitung der öffentlichen … Neuverschuldung bis zu einem Schwellenwert temporär das Wirtschaftswachstum, wirkt darüber hinaus jedoch wachstumshemmend. In der …
Persistent link: https://www.econbiz.de/10009722453
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On the exposure of the BRIC countries to global economic shocks
Belke, Ansgar; Dreger, Christian; Dubova, Irina - 2016
The financial crisis led to a deep recession in many industrial countries. While large emerging countries recovered relatively quickly from the financial crisis, their performance deteriorated in the last years, despite the modest recovery in advanced economies. The higher divergence of business...
Persistent link: https://www.econbiz.de/10011506456
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Energy consumption and economic growth revisited : structural breaks and cross-section dependence
Dobnik, Frauke - 2011
Der kausale Wirkungszusammenhang zwischen Energieverbrauch und Wirtschaftswachstum ist von entscheidender Bedeutung für … Energieverbrauch einen positiven Einfluss auf das Wirtschaftswachstum, so könnten Energieeinsparungsmaßnahmen einen negativen Effekt … auf das Wirtschaftswachstum haben. Diese Studie analysiert diesen Kausalzusammenhang für 23 OECD Länder im Zeitraum von …
Persistent link: https://www.econbiz.de/10009580994
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Equilibrium real interest rates and secular stagnation : an empirical analysis for euro area member countries
Belke, Ansgar; Klose, Jens - 2016
Is secular stagnation a valid concern for Euro Area countries? We tackle this question using the well-established Laubach-Williams model to estimate the unobservable equilibrium real interest rate and compare it to the actual real rate. We apply our approach to twelve Euro Area countries, since...
Persistent link: https://www.econbiz.de/10011500118
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Technological change, energy, environment and economic growth in Japan
Besstremjannaja, Galina Evgen'evna; Dasher, Richard; … - 2019
Politikinstrumente auf das mittel- und langfristige Wirtschaftswachstum der USA und Japan vorzunehmen. Unsere Ergebnisse zeigen mehrere …
Persistent link: https://www.econbiz.de/10011984170