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Capital levies: A step towards improving public finances in Europe

Bach, Stefan - In: DIW Economic Bulletin 2 (2012) 8, pp. 3-11

distribution of wealth. Imposing such levies is not easy, however, since it involves valuation of assets and preventing tax … 000 euros for married couples) give a tax base of 92 percent of the GDP. A forced loan or a levy of, for example, ten … percent of this tax base could thus mobilize just over nine percent of the GDP-around 230 billion euros. This would affect the …

Persistent link: https://www.econbiz.de/10010287235

Municipal debt : what does it buy and who benefits?

Galper, Harvey; Rueben, Kim S.; Auxier, Richard; Eng, Amanda - In: National tax journal 67 (2014) 4, pp. 901-924

Persistent link: https://www.econbiz.de/10010476780

On the meaning of non-welfarism in Kolm's ELIE model of income redistribution

Gharbi, Jean-Sébastien; Meinard, Yves - In: The journal of economic methodology 22 (2015) 3, pp. 335-353

Persistent link: https://www.econbiz.de/10011386631

Income inequality and redistribution in Lithuania : the role of policy, labor market, income, and demographics

Černiauskas, Nerijus; Sologon, Denisa M.; O'Donoghue, … - In: Review of income and wealth 68 (2022), pp. S131-S166

Persistent link: https://www.econbiz.de/10013168396

Fiscal policy under imperfect competition with flexible prices: An overview and survey

Costa, Luís F.; Dixon, Huw David - In: Economics: The Open-Access, Open-Assessment E-Journal 5 (2011) 2011-3, pp. 1-57

This paper surveys the link between imperfect competition and the effects of fiscal policy on output, employment and welfare. We examine static and dynamic models, with and without entry under a variety of assumptions using a common analytical framework. We find that in general there is a robust...

Persistent link: https://www.econbiz.de/10010304314

Which is the optimal fiscal rule in a monetary union? Targeting the structural, the global budgetary deficit, or the public debt?

Menguy, S. - In: Cogent Economics & Finance 2 (2014) 1, pp. 2-20

The aim of our paper is to contribute to the debate on optimal fiscal rules in a monetary union: in terms of global budgetary deficit, of structural budgetary deficit, or of public debt. Indeed, these rules seem to be mixed in the framework of the European Economic and Monetary Union, with the...

Persistent link: https://www.econbiz.de/10011559121

A Stable and Social Europe: Fiscal Rules, a Stabilization Fund, Insolvency Rules, Gender Quota, Gender Pension Gaps, and Education. Reports

Fratzscher, Marcel; Kriwoluzky, Alexander; Michelsen, Claus - In: DIW Weekly Report 9 (2019) 16/18, pp. 148-159

Persistent link: https://www.econbiz.de/10012014957

Debt-growth nexus in the MENA region: Evidence from a panel threshold analysis

In: Economies 8 (2020) 4, pp. 1-12

This study examines whether a debt-to-GDP threshold exists in the public debt and economic growth relationship for 20 Middle East and North Africa (MENA) countries from 1990 to 2016 using the threshold estimation technique. The empirical results reveal that there is a threshold effect in the...

Persistent link: https://www.econbiz.de/10013199731

The driving factors of EMU government bond yields: The role of debt, liquidity and fiscal councils

Pappas, Anastasios; Kostakis, Ioannis - In: International Journal of Financial Studies 8 (2020) 3, pp. 1-12

This study presents empirical evidence about the determinants of long-term government bond yields for 19 economies of the European Monetary Union (EMU) over the period 1995-2018 within a multivariate panel framework. The fixed effects estimators reveal that the relationship between public debt...

Persistent link: https://www.econbiz.de/10013200300

Stock-flow adjustment - only a residual value? Evidence from European Union countries

Banaszewska, Monika - In: e-Finanse: Financial Internet Quarterly 15 (2019) 3, pp. 10-20

The aim of the article is to investigate the fiscal determinants of stock-flow adjustment (SFA). Previous literature suggests that SFA may be used strategically to reduce budget deficit and public debt. As such, SFA impairs fiscal transparency and may endanger fiscal sustainability. Therefore,...

Persistent link: https://www.econbiz.de/10013466219

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