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I study the spill-over effects of legislated discretionary tax changes in the United States, Germany, and the United Kingdom to 11 Eurozone countries for the period 1980Q1-2018Q4 employing Local Projections (Jordà, 2005). In general, I find spillovers from US tax legislation to have the...
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This paper outlines the essentials of electricity market regulation in the United States and in California. It deals … (FERC) (particularly order 888, 889, and 2000). Subsequently, the details of the reforms in California are outlined. The …In diesem Papier werden die Grundzüge der Strommarktregulierung in den Vereinigten Staaten und in Kalifornien …
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We study state-dependent effects of narratively identified tax shocks in Germany and the UK over the period 1974Q1-2018Q4 using local projections. In addition, we distinguish between aggregated and disaggregated tax types (direct and indirect taxes) as well as look for possible asymmetries...
Persistent link: https://www.econbiz.de/10012591522
This paper explores the international transmission of U.S. tax shocks and provides evidence for the German economy. Using structural vector autoregressions, we find that after a U.S. tax cut, German GDP increases moderately. While higher U.S. demand stimulates German exports, a deterioration of...
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