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Fiscal Dividend from Saving, Investment and Per Capita Income Growth in Sub-Saharan Africa : Panel Data Analysis

Aikaeli, Jehovaness - 2015

terms of cushioning the revenue. In view of this, enhancing national savings (both public and private) in SSA can …

Persistent link: https://www.econbiz.de/10013009973

Means testing and Social Security in the United States

Bagchi, Shantanu - In: International studies of economics 19 (2024) 1, pp. 68-91

This paper uses a heterogeneous-agent overlapping-generations model to examine the fiscal and distributional consequences of introducing a means test in US Social Security. I find that a means test, that is, conditioning benefit payments on a household's earnings or assets, leads to a higher...

Persistent link: https://www.econbiz.de/10014513264

Fiscal austerity in ambiguous times

Ferrière, Axelle; Karantounias, Anastasios G. - 2016

How should public debt be managed when uncertainty about the business cycle is widespread and debt levels are high, as in the aftermath of the last financial crisis? This paper analyzes optimal fiscal policy with ambiguity aversion and endogenous government spending. We show that, without...

Persistent link: https://www.econbiz.de/10011446558

Fiscal Austerity in Ambiguous Times

Ferriere, Axelle - 2018

This paper analyzes optimal fiscal policy with ambiguity aversion and endogenous government spending. We show that, without ambiguity, optimal surplus-to-output ratios are acyclical and that there is no rationale for either reduction or further accumulation of public debt. In contrast, ambiguity...

Persistent link: https://www.econbiz.de/10012936338

Fiscal Austerity in Ambiguous Times

Ferriere, Axelle - 2020

Persistent link: https://www.econbiz.de/10012855601

Disentangling retirement and savings responses

Lindeboom, Maarten; Montizaan, Raymond - 2020

of workers born in 1950 or later. At the same time, a tax-facilitated savings plan was introduced that implied a large … savings subsidy for all workers, irrespective of birth year. This paper uses linked administrative and survey data to assess … the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male …

Persistent link: https://www.econbiz.de/10012427616