This paper analyses the level of inequality in Spain and how it evolved over the course of the past crisis and the … and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other … inequality in per capita income. The level of inequality in Spain is more moderate when total gross household income is analysed …

model for each U.S. state, utilizing the exogenous tax shock series recently proposed by Romer and Romer (2010) and find …

reforms. For an anticipated tax shock, we find an implied peak tax multiplier after implementation of 1.7. However, this … liefert. Eine antizipierte Steuersenkung entfaltet ihren maximalen Effekt auf das Bruttoinlandsprodukt erst mehr als zwei … negativen Antizipationseffekten begleitet. Dies gilt insbesondere für das Bruttoinlandsprodukt, die Investitionen und die …

fiscal balances and on Spain's international competitiveness. We find that measures aiming at reducing (policy …-constrained consumers. Our analysis also suggests that those reforms that are beneficial for Spain generate positive spillovers to the rest …

This paper studies the real effects of an exogenous UK tax change in recessions and expansions. The tax shock is … regressions (Granger and Teräsvirta, 1994), tax policy shock is found to affect UK macroeconomic variables depending on the phase … of the business cycle the economy is when tax shock occurs. An exogenous tax cut in recessions triggers a large …