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Will Germany's temporary VAT tax rates cut as part of the Covid-19 fiscal stimulus package boost consumption and growth?

Funke, Michael; Terasa, Raphael - 2020

On 3 June 2020, the German government announced a EUR 130 billion fiscal stimulus package to stimulate market demand and jumpstart the economy in the wake of the COVID-19 pandemic lockdown in the spring of 2020. The most prominent measure of this package is an unconventional fiscal policy in the...

Persistent link: https://www.econbiz.de/10012388013

Keynesian economics : can it return if it never died?

Eichengreen, Barry - In: Review of Keynesian economics 8 (2020) 1, pp. 23-35

Persistent link: https://www.econbiz.de/10012423670

Booms, recessions and financial turmoil: a fresh look at investment decisions under cyclical uncertainty

Chen, Yu-Fu (contributor); Funke, Michael (contributor) - 2009

Persistent link: https://www.econbiz.de/10003888036

Booms, recessions and financial turmoil : a fresh look at investment decisions under cyclical uncertainty

Chen, Yu-Fu; Funke, Michael - 2009

The paper studies the interaction between cyclical uncertainty and investment in a stochastic real option framework … of the link between cyclical uncertainty and investment is quantified using simulations of the model. The chief … shows that macroeconomic risk acts as an important deterrent to investments. -- business cycles ; real options ; investment …