In the 24th IEA Discussion Paper, David B. Smith takes an historical perspective on the 2009 Budget forecasts. His analysis concludes that the budget deficit will reach levels that are unprecedented in peacetime.The government's preferred market-price GDP measure overstates national output...

This paper assesses the prospects for monetary integration between Emerging East Asian (EEA) economies. Our empirical analysis is based on a simple analytical framework for currency unions of small open economies, with a focus on the conduct of monetary policy in the presence of different types...

Emerging economies have been subject to abrupt reversals in capital inflows, which have adverse consequences for economic activity and financial stability. An important question for policymakers is how to respond to a sudden loss of external financing and its negative effects on the domestic...

This paper aims to assess the relationship among fiscal variables (government revenue and expenditure) in Sub-Saharan African countries. Using yearly data for the period between 1980 and 2011 in fifteen ECOWAS countries, a weak long-run relationship between government expenditure and revenue...

In Zusammenarbeit mit dem Bundesamt für Bauwesen und Raumordnung hat das IAB die Möglichkeiten einer regionalen Zurechnung der Einnahmen und Ausgaben von Arbeitslosen-, Renten- und Krankenversicherung geprüft. Der vorliegende Forschungsbericht zeigt die Vorgehensweise und die Ergebnisse dazu...

Against the background of the current discussion on the introduction of statutory minimum wages in Germany, this paper analyzes the potential employment and fiscal effects of such a policy. Based on estimated labor demand elasticities obtained from a structural labor demand model, the empirical...

Against the backdrop of increasing efforts of the German federal and states’ governments to open up additional private financial sources for transport infrastucture construction this paper tries to give a comprehensive overview over transport-related public expenditures and revenues of the...

Against the background of the current discussion on the introduction of statutory minimum wages in Germany, this paper analyzes the potential employment and fiscal effects of such a policy. Based on estimated labor demand elasticities obtained from a structural labor demand model, the empirical...