Does globalization restrict the leeway for national budgetary policy? With the help of cluster and discriminant … dimensions are included in the analysis: tax structure, expenditure structure, public debt and budget size. Globalization as a … globalization does indeed matter for government budgets. However, substantial room for an individual national policy particularly in …

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization (compensation hypothesis). Employing two different datasets and various measures of globalization, we analyze whether … globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we examine the …

and empirical studies in this field. In particular, the estimation problems of omitted variables and parameter …

-varying networks. We then describe how high-dimensional estimation techniques can be used to estimate the interactions model based on …

The process of globalization has an important impact on national tax policies. Most of the literature on taxation of … survey falls in period of extensive debate about and actual adoption of a company tax reform bill in Germany. …

governments. Our findings from efficient estimation of a system of spatially interrelated equations for both policy instruments …

governments. Our findings from efficient estimation of a system of spatially interrelated equations for both policy instruments …