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The cushioning effect of short-time work and discretionary policy measures : an assessment of the COVID-19 crisis in Germany

Christl, Michael; De Poli, Silvia; Hufkens, Tine; … - 2021

In this paper, we investigate the impact of the COVID-19 pandemic on German household income using a micro-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the German labour market. We find the consequences of the...

Persistent link: https://www.econbiz.de/10012507246

The role of short-time work and discretionary policy measures in mitigating the effects of the COVID-19 crisis in Germany

Christl, Michael; De Poli, Silvia; Hufkens, Tine; … - In: International tax and public finance 30 (2023) 4, pp. 1107-1136

Persistent link: https://www.econbiz.de/10014335042

The global impact of the U.S. inflation reduction act : evidence from an international expert survey

Gründler, Klaus; Heil, Philipp; Potrafke, Niklas; … - 2023

has sparked an intense debate about potential negative spillover effects on the global economy, little is known about the … to quantify the effect of the US Inflation reduction act on the global economy. On a global scale, experts are little … concerned about negative effects of the IRA on their domestic economy, estimating both the impact on national output and the …

Persistent link: https://www.econbiz.de/10014293333

Die Betroffenheit der deutschen Wirtschaft durch den US-Inflation Reduction Act : Studie im Auftrag des Bundesministeriums der Finanzen

Baur, Andreas; Fuest, Clemens; Gstrein, David; Heil, Philipp - Deutschland / Bundesministerium der Finanzen - 2023

The impact of the IRA on the U.S. domestic economy is controversial. Empirical studies on the impact of the IRA on …

Persistent link: https://www.econbiz.de/10014302035

The role of fiscal policy measures in mitigating the effects of the Covid-19 crisis in Germany

Christl, Michael; De Poli, Silvia; Hufkens, Tine; … - In: econPol Forum : a bi-monthly journal on European … 24 (2023) 5, pp. 36-40

We use a novel methodology for modeling the socio-economic impacts of economic crisis in Germany, and apply it to estimate the impact of the Covid-19 pandemic. We estimate that German households lost more than 3 percent of their market income in 2020 due to the Covid-19 pandemic, with the effect...

Persistent link: https://www.econbiz.de/10014435091

Fiscal Rules : Historical, Modern, and Sub-National Growth Effects

Gründler, Klaus - 2020

We examine how fiscal rules influence economic growth. The results show that constitutional fiscal rules promoted growth from the Industrial Revolution until World War II (1789-1950) and also increased modern economic growth (1985-2015). To address selection on unobservables, we conduct a...

Persistent link: https://www.econbiz.de/10012833605

Fiskalregeln und Wirtschaftswachstum : wirtschaftspolitische Einschätzungen nach Erfolgen durch restriktive Fiskalregeln und expansiven Maßnahmen während der Coronakrise : Forschun...

Gründler, Klaus; Potrafke, Niklas - 2020

öffentlicher Investitionen, so wird das Wirtschaftswachstum gebremst. Unsere neue Studie zeigt, dass Fiskalregeln das … Wirtschaftswachstum nicht gebremst haben – sofern sie in der Verfassung verankert waren. Dies gilt sowohl für nationale als auch für …

Persistent link: https://www.econbiz.de/10012255951

Automatic stabilisers and economic crisis : US vs Europe

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2010

This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...

Persistent link: https://www.econbiz.de/10003989856

Automatic stabilization and discretionary fiscal policy in the financial crisis

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - In: IZA journal of labor policy 1 (2012), pp. 1-19

This paper investigates the relationship between the magnitude of automatic stabilizers in the tax and transfer systems of 19 EU countries and the US, and discretionary fiscal stimulus packages passed by these countries during the recent economic crisis. In particular, we ask whether countries...

Persistent link: https://www.econbiz.de/10009687338

The common interests of health protection and the economy : evidence from scenario calculations of Covid-19 containment policies

Dorn, Florian; Khailaie, Sahamoddin; Stoeckli, Marc; … - 2022

-shape relationship: it is in the interest of public health and the economy to balance non-pharmaceutical interventions in a manner that … guide for policymakers in balancing interests of public health and the economy during a pandemic. …

Persistent link: https://www.econbiz.de/10012886567