Similar Search Results

The 2008 Financial Crisis and Taxation Policy

Hemmelgarn, Thomas - 2010

Persistent link: https://www.econbiz.de/10009639922

Identifying fiscal shocks and policy regimes in OECD countries

Arcangelis, Giuseppe de; Lamartina, Serena - 2003

identify the fiscal policy shocks related to different categories of expenditure and taxation, and simulate their ex0Bects on … expenditure while a clear-cut distinction between spending and taxation regimes is not found in the US. Both shocks on government … spending and taxation generate keynesian responses of output, although fiscal multipliers are quite low (output reacts by 0 …

Persistent link: https://www.econbiz.de/10009635887

Fiscal policy events and interest rate swap spreads

Afonso, António; Strauch, Rolf - 2004

In this paper we assess the importance given in capital markets to the credibility of the European fiscal framework. We evaluate to which extent relevant fiscal policy events taking place in the course of 2002 produced a reaction in the long-term bond segment of the capital markets. Firstly, we...

Persistent link: https://www.econbiz.de/10009636526

Transmission of government spending shocks in the euro area

Kirchner, Markus; Cimadomo, Jacopo; Hauptmeier, Sebastian - 2010

This paper provides new evidence on the effects of government spending shocks and the fiscal transmission mechanism in the euro area for the period 1980-2008. Our contribution is two-fold. First, we investigate changes in the macroeconomic impact of government spending shocks using time-varying...

Persistent link: https://www.econbiz.de/10009640321

Fiscal policy shocks in the euro area and the US

Burriel, Pablo; Castro Fernández, Francisco de; … - 2009

We analyse the impact of fiscal policy shocks in the euro area as a whole, using a newly available quarterly dataset of fiscal variables for the period 1981-2007. To allow for comparability with previous results on euro area countries and the US, we use a standard structural VAR framework, and...

Persistent link: https://www.econbiz.de/10009640446

Discretionary fiscal policies over the cycle

Agnello, Luca; Cimadomo, Jacopo - 2009

This paper explores how discretionary fiscal policies on the revenue side of the government budget have reacted to economic fluctuations in European Union countries. For this purpose, it uses data on legislated revenue changes and structural indicators provided twice per year by National Central...

Persistent link: https://www.econbiz.de/10009640461

Explaining government revenue windfalls and shortfalls

Morris, Richard; Castro Fernández, Francisco de; Jonk, … - 2009

In recent years, government revenues in many EU countries experienced significant and erratic changes, which, a priori, could not be fully explained by macroeconomic developments or by discretionary fiscal policy measures. We investigate this issue by estimating “unexplained” changes in tax...

Persistent link: https://www.econbiz.de/10009640465

Identifying the effects of government spending shocks with and without expected reversal

Cimadomo, Jacopo; Hauptmeier, Sebastian; Sola, Sergio - 2011

This paper investigates how expectations about future government spending affect the transmission of fiscal policy shocks. We study the effects of two different types of government spending shocks in the United States: (i) spending shocks that are accompanied by an expected reversal of public...

Persistent link: https://www.econbiz.de/10009640911

Recent reforms of tax systems in the EU : good and bad news

Garnier, Gaelle (contributor) - European Commission / Directorate General for Taxation …; …

Persistent link: https://www.econbiz.de/10010343058

A wind of change? : reforms of tax systems since the launch of Europe 2020

Garnier, Gaelle - 2014

Persistent link: https://www.econbiz.de/10010478772

1
2
3
4
5
6
7
8
9
10
Next
Last