Narrow search
Showing 1 - 10 of 559
Cover Image
Polarized Business Cycles
Azzimonti, Marina - 2013
We are motivated by four stylized facts computed for emerging and developed economies: (i) business cycle movements are wider in emerging countries; (ii) economies in emerging countries experience greater economic policy uncertainty; (iii) emerging economies are more polarized and less...
Persistent link: https://www.econbiz.de/10013072897
Cover Image
Cyclical Fiscal Policy, Output Volatility, and Economic Growth
Badinger, Harald - 2021
, output volatility, and economic growth, using a large cross-section of 88 countries over the period 1960 to 2004 …, is negatively associated with economic growth. Third, there is no direct effect of cyclicality of economic growth other … (discretionary and) cyclical fiscal policy to improve growth performance by reducing volatility …
Persistent link: https://www.econbiz.de/10013316549
Cover Image
What 31 provinces reveal about growth in China
Kerola, Eeva; Mojon, Benoît - 2021
It is important to understand the growth process under way in China. However, analyses of Chinese growth became … increasingly more difficult after the real GDP doubling target was announced in 2012 and the official real GDP statistics lost … project Chinese aggregates. Using this provincial data, we build an alternative indicator for Chinese growth that is able to …
Persistent link: https://www.econbiz.de/10012424978
Cover Image
Capital income taxation incentives during economic downturns : re-thinking theory and evidence
Longobardi, Ernesto; Polito, Vito - 2011
This paper studies the effectiveness of corporate tax incentives in reducing the effective tax rate (ETR) on income from capital to stimulate business investment during economic downturns. We focus on tax rate incentives (TRIs), such as corporate tax rate cuts, and tax base incentives (TBIs),...
Persistent link: https://www.econbiz.de/10009229216
Cover Image
Fiscal multipliers in recessions
Canzoneri, Matthew B.; Collard, Fabrice; Ntellas, Charēs; … - 2012
The Great Recession, and the fiscal response to it, has revived interest in the size of fiscal multipliers. Standard business cycle models have difficulties generating multipliers greater than one. And they also fail to produce any significant asymmetry in the size of the multipliers over the...
Persistent link: https://www.econbiz.de/10009534135
Cover Image
Benefit reentitlement conditions in unemployment insurance schemes
Andersen, Torben M.; Strøm Kristoffersen, Mark; … - 2015
Unemployment insurance schemes include conditions on past employment history as part of the eligibility conditions. This aspect is often neglected in the literature which primarily focuses on benefit levels and benefit duration. In a search-matching framework we show that benefit duration and...
Persistent link: https://www.econbiz.de/10010510632
Cover Image
Tuning unemployment insurance to the business cycle : unemploymenr insurance generosity should be greater when unemployment is high and vice versa
Andersen, Torben M. - 2014
High unemployment and its social and economic consequences have lent urgency to the question of how to improve unemployment insurance in bad times without jeopardizing incentives to work or public finances in the medium term. A possible solution is a rule-based system that improves the...
Persistent link: https://www.econbiz.de/10011417280
Cover Image
Benefit reentitlement conditions in unemployment insurance schemes
Andersen, Torben M.; Strøm Kristoffersen, Mark; … - 2015
Unemployment insurance schemes include conditions on past employment history as part of the eligibility conditions. This aspect is often neglected in the literature which primarily focuses on benefit levels and benefit duration. In a search-matching framework we show that benefit duration and...
Persistent link: https://www.econbiz.de/10010531936
Cover Image
Appropriate Fiscal Policy Over the Business Cycle : Proper Stimulus Policies Can Work
Graves, Philip E. - 2011
Fiscal policy has become quite controversial in the post-Keynesian era, the debate over the Obama stimulus package being a contentious recent example. Some pundits go so far as to take the position that macroeconomic theory has failed to meaningfully progress in terms of providing useful...
Persistent link: https://www.econbiz.de/10013133149
Cover Image
Was this Time Different? : Fiscal Policy in Commodity Republics
Cespedes, Luis Felipe - 2014
According to standard economic theory, fiscal policy should be counter-cyclical. In the neoclassical smoothing model of …
Persistent link: https://www.econbiz.de/10013067020