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Why do voters support procyclical fiscal policies? : experimental evidence from Latin America

Ardanaz, Martin; Hübscher, Evelyne; Keefer, Philip; … - 2023

Governments often pursue procyclical fiscal policies, even though they reduce voter welfare. Is this because voters actually prefer procyclical policies? The analysis in this paper exploits the first individual-level evidence from an original survey of 12,000 respondents in 8 countries across...

Persistent link: https://www.econbiz.de/10014460802

An experimenatal investigation of wage taxation and unemployment in closed and open economies

Riedl, Arno; Winden, Frans A. A. M. van - In: European economic review : EER 51 (2007) 4, pp. 871-900

Persistent link: https://www.econbiz.de/10003464339

The damage from clean floats : from an anti-inflationary monetary policy

Pope, Robin; Selten, Reinhard; Kaiser, Johannes; Kube, … - 2007

rate. The new model is within a broader theory that includes risk effectsnormally excluded, SKAT, the Stages of Knowledge … Ahead Theory. We use SKAT to analyse outliers inour experimental results, and indicate some new directions and foci for … ; IMF ; exchange rate regime ; exchange rate volatility ; experiment ; SKAT the Stages of Knowledge Ahead Theory ; monetary …

Persistent link: https://www.econbiz.de/10003612866

An experimental investigation of wage taxation and unemployment in closed and open economies

Riedl, Arno; Winden, Frans A. A. M. van - 2000

We investigate experimentally the economic effects of wage taxation to finance unemployment benefits for a closed economy and an international economy. The main findings are the following. (i) There is clear evidence of a vicious circle in the dynamic interaction between the wage tax and...

Persistent link: https://www.econbiz.de/10011304623

An experimental investigation of wage taxation and unemployment in closed and open economies

Riedl, Arno; Winden, Frans A. A. M. van - 2000

Persistent link: https://www.econbiz.de/10001546151

When do fiscal consolidations lead to consumption booms? : lessons from a laboratory experiment

Geiger, Martin; Luhan, Wolfgang J.; Scharler, Johann - 2015

According to the expectations channel, a fiscal consolidation may give rise to less contractionary, or even expansionary effects on consumption, despite a decline in current disposable income. Intuitively, people may accumulate a stock of savings in anticipation of the consolidation and may...

Persistent link: https://www.econbiz.de/10010509128

The "expectations view" on fiscal policy : an experiment using real world data

Bernasconi, Michele; Kirchkamp, Oliver - 2001

Persistent link: https://www.econbiz.de/10003144249

Behavioral New Keynesian models : learning vs. cognitive discounting

Meggiorini, Greta; Milani, Fabio - 2021

This paper estimates a New Keynesian model with new and old behavioral elements. Agents in the model exhibit cognitive discounting, or myopia: they discount variables far into the future at higher rates than typically implied in the benchmark model. We investigate the model under different...

Persistent link: https://www.econbiz.de/10012509319

Ideology, deliberation and persuasion within small groups : a randomized field experiment on fiscal policy

Esterling, Kevin M.; Fung, Archon; Lee, Taeku - 2013

Persistent link: https://www.econbiz.de/10010190586

When do fiscal consolidations lead to consumption booms? : lessons from a laboratory experiment

Geiger, Martin; Luhan, Wolfgang J.; Scharler, Johann - In: Journal of economic dynamics & control 69 (2016), pp. 1-20

Persistent link: https://www.econbiz.de/10011708420

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