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Do tax cuts increase consumption? : an experimental test of Ricardian Equivalence ; conference paper
Meissner, Thomas; Rostam-Afschar, Davud - 2014
This paper tests whether the Ricardian Equivalence proposition holds in a life cycle consumption laboratory experiment … not hold in general. Our results suggest that taxation has a significant and strong impact on consumption choice. Over the … life cycle, a tax relief increases consumption on average by about 22% of the tax rebate. A tax increase causes consumption …
Persistent link: https://www.econbiz.de/10010483254
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Monetary policy after the crisis : a joint publication with the National Bank of Poland
Gnan, Ernest (ed.); Kokoszcynski, Ryszard (ed.);  … - Conference Monetary Policy after the Crisis <2011, Warschau>; … - 2011
On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a conference on the theme of: "Monetary Policy after the Crisis". Following a call for papers with a large number of submissions, the scientific committee selected 9 papers, which...
Persistent link: https://www.econbiz.de/10011710723
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Sovereign default risk premia and state-dependent twin deficits : conference paper
Hürtgen, Patrick; Rühmkorf, Ronald - 2013 - This version: August 7, 2013
This paper studies the impact of the state-dependent risk of a government default on the correlation of the scal balance and current account. We use a small open economy model where nonlinear risk premia arise endogenously when the government operates close to its scal limit, i.e. the maximum...
Persistent link: https://www.econbiz.de/10010341080
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States, banks, and the financing of the economy : monetary policy and regulatory perspectives
Balling, Morten (ed., introduction);  … - Colloquium "States, Banks and the Financing of the …; … - 2013
On 5-6 September 2012 SUERF held its 30th Colloquium "States, Banks, and the Financing of the Economy" at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different...
Persistent link: https://www.econbiz.de/10011711721
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Economic policy, financial markets, and economic growth
Zycher, Benjamin (ed.); Solmon, Lewis C. (contributor) - 1993
Persistent link: https://www.econbiz.de/10000878927
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Macroeconomic policies for growth and stability : a European perspective ; symposium 1979
Giersch, Herbert (ed.) - 1981
Persistent link: https://www.econbiz.de/10000068961
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Fiscal policy in the European Union
Ferreiro Aparicio, Jesús (contributor); Ferreiro, Jesus (ed.) - 2008 - 1. publ.
Persistent link: https://www.econbiz.de/10003728755
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Growth and cohesion in the European Union : the impact of macroeconomic policy
Mitchell, William (ed.); Muysken, Joan (contributor);  … - 2006
Persistent link: https://www.econbiz.de/10003288149
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AIECE General Report submitted to the spring 2012 general meeting of the Association of European Conjuncture Institutes
Frick, Andres; Hartwig, Jochen; Lassmann, Andrea; … - 2012
Persistent link: https://www.econbiz.de/10009553445
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Smells like fiscal policy? : assessing the potential effectiveness of the ECB's OMT program ; conference paper
Hristov, Nikolay; Hülsewig, Oliver; Siemsen, Thomas; … - 2014
This paper explores the potential effectiveness of the ECB s Outright Monetary Transaction (OMT) program in safeguarding an appropriate monetary policy transmission. Since the program aims at manipulating bank lending rates by conducting sovereign bond purchases on secondary markets, a stable...
Persistent link: https://www.econbiz.de/10010480578