) taxation towards financing it by indirect(consumption) taxation affects the economy and welfare. To this end, we use …

) taxation towards financing it by indirect(consumption) taxation affects the economy and welfare. To this end, we use …

. Welfare effects are ambiguous. In principle, we cannot exclude that a minimum wage in a two-sector search model is welfare …

countercyclical spending rule following the idea of the debt brake is well suited both to steer the economy and in terms of welfare …

in a matching environment ('Hosios condition'), tax progression improves steadystate welfare up to a certain threshold … progression is welfare-enhancing up to a certain threshold and always shifts relative utility from optimizing to rule …

in a matching environment (Hosios condition), tax progression improves steady-state welfare up to a certain threshold and … progression is welfare-enhancing up to a certain threshold and always shifts relative utility from optimizing to rule …

countercyclical spending rule following the idea of the debt brake is well suited both to steer the economy and in terms of welfare …