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Empirical macromodels under test : a comparative simulation study of the employment effects of a revenue neutral cut in social security contributions
Buscher, Herbert S.; Buslei, Hermann; Göggelmann, Klaus; … - 1998 - Preliminary version
In the paper we simulate a revenue-neutral cut in the social security contribution rate using five different types of macro- / microeconomic models, namely two models based on time-series data where the labour market is modelled basically demand oriented, two models of the class of computable...
Persistent link: https://www.econbiz.de/10011442295
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Quasi-Monte Carlo methods in stochastic simulations : an application to fiscal policy simulations using an aggregate disequilibrium model of the West German economy 1960-1994
Franz, Wolfgang; Göggelmann, Klaus; Schellhorn, Martin; … - 1998
Different stochastic simulation methods are used in order to check the robustness of the outcome of policy simulations … possible margin. Because of nonlinearities confidence intervals for the simulation results have to be obtained by means of … stochastic simulations. The main contribution of this paper consists in presenting the simulation results. The robustness of …
Persistent link: https://www.econbiz.de/10011441040
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Quasi-Monte Carlo Methods in Stochastic Simulations : An Application to Policy Simulations Using a Disequilibrium Model of the West German Economy 1960-1994
Franz, Wolfgang; Goeggelmann, Klaus; Schellhorn, Martin; … - 2000
Different stochastic simulation methods are used in order to check the robustness of the outcome of policy simulations …. The application of a macroeconometric disequilibrium model of the West German economy to a fiscal policy simulation is … the simulation results have to be obtained by means of stochastic simulations. The robustness of the results is assessed …
Persistent link: https://www.econbiz.de/10014153608
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Fiscal policy in the Bundestag : textual analysis and macroeconomic effects
Latifi, Albina; Naboka-Krell, Viktoriia; Tillmann, Peter; … - 2023
Fiscal policy is made in parliament. We go to the roots of changes of fiscal policy in Germany and use a novel data set on all parliamentary speeches in the Bundestag from 1960 to 2021. We propose an embedding-based approach, which allows the representation of words and documents in a shared...
Persistent link: https://www.econbiz.de/10013554877
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Simulating the effects of some simple coordinated versus uncoordinated policy rules
Frenkel, Jacob A.; Goldstein, Morris; Masson, Paul R. - 1989
Persistent link: https://www.econbiz.de/10000778104
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Simulating the effects of some simple coordinated versus uncoordinated policy
Frenkel, Jacob A.; Goldstein, Morris; Masson, Paul R. - 1989
Persistent link: https://www.econbiz.de/10000764946
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Introduction to the special issue on agent-based models for economic policy advice
LeBaron, Blake Dean; Winker, Peter - In: Jahrbücher für Nationalökonomie und Statistik 228 (2008) 2/3, pp. 141-148
Persistent link: https://www.econbiz.de/10003770532
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Simulating the Effects of Some Simple Coordinated Versus Uncoordinated Policy Rules
Frenkel, Jacob A. - 2006
Effects of different policy rules are simulated: uncoordinated targeting of the money supply or nominal income, use of monetary policy to achieve coordinated targets for nominal or real exchange rates, and the use of monetary and fiscal policies to hit targets for internal and external...
Persistent link: https://www.econbiz.de/10012781421
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Simulating the Effects of Some Simple Coordinated Versus Uncoordinated Policy
Frenkel, Jacob A. - 2010
Effects of different policy rules are simulated: uncoordinated targeting of the money supply or nominal income, use of monetary policy to achieve coordinated targets for nominal or real exchange rates, and the use of monetary and fiscal policies to hit targets for internal and external balance....
Persistent link: https://www.econbiz.de/10013145301