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Business Fluctuations, Job Flows and Trade Unions - Dynamics in the Economy
Schirwitz, Beate - ifo Leibniz-Institut für Wirtschaftsforschung an der …
behaviour of trade unions? To approach these questions theoretical as well as empirical methods were used. The empirical methods …
Persistent link: https://www.econbiz.de/10011148812
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The effects of aging population on the sustainability of fiscal policy
Puhakka, Mikko - Suomen Pankki - 2005
We study the effects of aging population on the sustainability of fiscal policy in overlapping generations models with government debt and a pay-as-you-go pension system. The smaller the population growth rate, the lower the maximum sustainable level of deficits. When the utility function is of...
Persistent link: https://www.econbiz.de/10005190757
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Der Machtressourcenansatz: Ein Instrument zur Analyse gewerkschaftlichen Handlungsvermoegens (The power resource approach: An instrument to analyze trade union action capabilities)
Schmalz, Stefan; Doerre, Klaus - In: Industrielle Beziehungen - Zeitschrift fuer Arbeit, … 21 (2014) 3, pp. 217-237
of trade unions and analyze their renewal. The shift in focus is also reflected in theory. Today, research is mainly … concerned with power resources of workers and unions who confront changing institutional and economic conditions. This paper … power to promote their interests. We discuss the recent comeback of German trade unions after the global economic crisis in …
Persistent link: https://www.econbiz.de/10010885103
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Fiscal Policy and Macroeconomic Imbalances
Baldacci, Emanuele; Gupta, Sanjeev; Mulas-Granados, Carlos - Banca d'Italia - 2014
The volume collects the essays presented at the 15th Workshop on Public Finance organised by Banca d'Italia in Perugia from 4 to 6 April 2013. The workshop focused on the link between fiscal policy and macroeconomic imbalances and comprised four sessions. The first session concentrated on the...
Persistent link: https://www.econbiz.de/10011277938
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The impact of fiscal policy on economic activity over the business cycle - evidence from a threshold VAR analysis
Baum, Anja; Koester, Gerrit B. - Deutsche Bundesbank - 2011
Does the state of the business cycle matter for the effects of fiscal policy shocks on GDP? This study analyses quarterly German data from 1976 to 2009 in a threshold SVAR, expanding the SVAR approach by Blanchard and Perotti (2002). In a linear benchmark SVAR, the analysis finds that hiking...
Persistent link: https://www.econbiz.de/10009372153
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Fiscal Transparency and Procyclical Fiscal Policy
Andersen, Asger Lau; Nielsen, Lasse Holbøll Westh - Economic Policy Research Unit (EPRU), Økonomisk Institut - 2010
This paper examines why fiscal policy is procyclical in developing as well as developed countries. We introduce the concept of fiscal transparency into a model of retrospective voting, in which a political agency problem between voters and politicians generates a procyclical bias in government...
Persistent link: https://www.econbiz.de/10008512970
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Government Size and Business Cycle Volatility; How Important Are Credit Constraints?
Leibrecht, Markus; Scharler, Johann - Institut für Finanzwissenschaft, Fakultät für … - 2012
In this paper we analyze how the availability of credit influences the relationship between government size as a proxy for fiscal stabilization policy and the amplitude of business cycle fluctuations in a sample of advanced OECD countries. Interpreting relatively low loan-tovalue ratios as an...
Persistent link: https://www.econbiz.de/10010617814
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Context of Economic Policy and the Current Financial and Economic Crisis
Czesaný, Slavoj - In: Politická ekonomie 2013 (2013) 6, pp. 770-794
The objective of the article is to identify impact of economic policy implications on current financial and economic crisis. The analysis examines a hypothesis that the main causes of financial and economic crisis include unbalanced developments of the macroeconomic sphere as well as existing...
Persistent link: https://www.econbiz.de/10011195207
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Dynamics in a nonlinear Keynesian good market model
Naimzada, Ahmad; Pireddu, Marina - Dipartimento di Economia, Metodi Quantitativi e … - 2013
In this paper we show how a rich variety of dynamical behaviors can emerge in the standard Keynesian income-expenditure model when a nonlinearity is introduced, both in the cases with and without endogenous government spending. A specific sigmoidal functional form is used for the adjustment...
Persistent link: https://www.econbiz.de/10010901441
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Wagner's law and Italian disaggregated public spending: some empirical evidences
Magazzino, Cosimo - Volkswirtschaftliche Fakultät, … - 2010
Wagner’s Law is the first model of public spending in the history of public finance. The aim of this article is to assess its empirical evidence in Italy for the period 1960-2008 at a disaggregated level, using a time-series approach. After a brief introduction, a survey of the economic...
Persistent link: https://www.econbiz.de/10008694030