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This paper develops a multi-country post-Kaleckian demand-led growth model that incorporates the role of the government. One novelty of this paper is to integrate crosscountry effects of both changes in income distribution and fiscal policy. The model is used to estimate econometrically the...
Persistent link: https://www.econbiz.de/10011924544
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This paper develops a multi-country post-Kaleckian model that incorporates the role of the government. One key novelty of the model is that it integrates cross-country effects of changes in both income distribution and fiscal policy. The model is used to estimate econometric-ally the effects of...
Persistent link: https://www.econbiz.de/10012827655
Persistent link: https://www.econbiz.de/10012312694
This paper examines the potential role for increasing social welfare rates, along with tax credits and bands, in line with price or wage inflation - a process known as indexation. Ireland currently has a default policy of no increases in line with inflation, with ad hoc changes instead announced...
Persistent link: https://www.econbiz.de/10012023482
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This paper studies heterogeneity in the fiscal reaction function for European Union members by resorting to the …
Persistent link: https://www.econbiz.de/10013191997