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After the death of inflation : will fiscal drag survive?
Heinemann, Friedrich - 2000
back theoretical considerations on inflation's impact on different kinds of taxes: This impact tends to be positive for …Declining inflation rates might have negative consequences for tax revenues. Phenomena like the inflationary bracket … fiscal drag for OECD countries since 1965. Some considerations on the role of money illusion and indexation in this context …
Persistent link: https://www.econbiz.de/10011444606
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After the Death of Inflation : Will Fiscal Drag Survive?
Heinemann, Friedrich - 2003
back theoretical considerations on inflation's impact on different kinds of taxes: This impact tends to be positive for …Declining inflation rates might have negative consequences for tax revenues. Phenomena like the inflationary bracket … fiscal drag for OECD countries since 1965. Some considerations on the role of money illusion and indexation in this context …
Persistent link: https://www.econbiz.de/10014090638
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After the death of inflation: will fiscal drag survive?
Heinemann, Friedrich - 2000
back theoretical considerations on inflation's impact on different kinds of taxes: This impact tends to be positive for …Declining inflation rates might have negative consequences for tax revenues. Phenomena like the inflationary bracket … fiscal drag for OECD countries since 1965. Some considerations on the role of money illusion and indexation in this context …
Persistent link: https://www.econbiz.de/10013428323
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A set of estimated fiscal rules for a cross section of countries : stabilization and consolidation through which instruments?
Reicher, Christopher Phillip - 2013
This paper provides a set of detailed estimated fiscal reaction functions for a panel of twenty industrialized countries, and it discusses commonalities and differences with regard to systematic fiscal policies across countries. In general, the countries in the panel adjust tax revenues strongly...
Persistent link: https://www.econbiz.de/10009782452
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Growth-friendly taxation in a high-inflation environment
Kiss, Áron; Leodolter, Alexander; Turrini, Alessandro; … - 2024
Persistent link: https://www.econbiz.de/10014631444
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Olivera, Tanzi, Milošević: why was Avramović's programme adopted?
Popović, Dejan - In: Panoeconomicus 69 (2022) 2, pp. 225-232
Persistent link: https://www.econbiz.de/10013352735
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Automatic stabilizers and economic crisis : US vs. Europe
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2009
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/10003922975
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Effectiveness of countercyclical fiscal policy : time-series evidence from developing Asia
Jha, Shikha; Mallick, Sushanta Kumar; Park, Donghyun; … - 2010
As the global crisis hit developing Asia, several countries instituted fiscal stimulus measures to create domestic demand. With the region returning to normal times, in this paper we draw lessons using historical data from 10 developing Asian countries to examine if countercyclical fiscal policy...
Persistent link: https://www.econbiz.de/10008658807
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An estimated fiscal Taylor rule for the postwar United States
Reicher, Christopher Phillip - 2011
using a multivariate Fiscal Taylor Rule. Adjustments to taxes and purchases both account for a large portion of the fiscal … response to debt, while authorities seem reluctant to adjust transfers. As expected, taxes are highly procyclical; purchases … ; fiscal policy ; taxes ; spending ; transfer payments …
Persistent link: https://www.econbiz.de/10009152534
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Public finance, aid, and post-conflict recovery
Boyce, James K. (contributor) - 2007
In the wake of violent conflict, a key element of building a durable peace is building a state with the ability to collect and manage public resources. To implement peace accords and provide public services, the government must be able to collect revenue, allocate resources, and manage...
Persistent link: https://www.econbiz.de/10003733938