Narrow search
Showing 1 - 10 of 3,857
Cover Image
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 … design a laboratory experiment to study the conditions under which the expectations channel operates. Our results indicate … consumption, which supports the expectations channel. We also find that the expectations channel is more pronounced if the fiscal …
Persistent link: https://www.econbiz.de/10010509128
Cover Image
Fiscal sustainability in the Caribbean : an econometric analysis
Khadan, Jeetendra - 2019
countries over the period 1991-2017. The evidence from panel co-integration models of government revenue and expenditure shows …
Persistent link: https://www.econbiz.de/10012028426
Cover Image
Fiscal consolidation and automatic stabilization : new results
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas; … - 2020
We analyze how the combined effect of automatic stabilizers and discretionary changes in tax-benefit systems have affected the cushioning of income shocks in the Euro zone and the EU-27 in the period 2007-2014. We propose a new summary measure of the combined effect of automatic stabilizers and...
Persistent link: https://www.econbiz.de/10012438995
Cover Image
Fiscal consolidation and automatic stabilization : new results
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas; … - 2020 - This version: December 17, 2019
We analyze how the combined effect of automatic stabilizers and discretionary changes in tax-benefit systems have affected the cushioning of income shocks in the Euro zone and the EU-27 in the period 2007-2014. We propose a new summary measure of the combined effect of automatic stabilizers and...
Persistent link: https://www.econbiz.de/10012164214
Cover Image
Fiscal consolidation and automatic stabilization : new results
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas; … - 2019 - This version: December 17, 2019
We analyze how the combined effect of automatic stabilizers and discretionary changes in taxbenefit systems have affected the cushioning of income shocks in the Euro zone and the EU-27 in the period 2007-2014. We propose a new summary measure of the combined effect of automatic stabilizers and...
Persistent link: https://www.econbiz.de/10012154947
Cover Image
Fiscal Consolidation and Automatic Stabilization : New Results
Dolls, Mathias - 2020
We analyze how the combined effect of automatic stabilizers and discretionary changes in tax-benefit systems have affected the cushioning of income shocks in the Euro zone and the EU-27 in the period 2007–2014. We propose a new summary measure of the combined effect of automatic stabilizers...
Persistent link: https://www.econbiz.de/10012843440
Cover Image
Fiscal Consolidation Programs and Income Inequality
Brinca, Pedro - 2020
Following the Great Recession, many European countries implemented fiscal consolidation policies aimed at reducing government debt. Using three independent data sources and three different empirical approaches, we document a strong positive relationship between higher income inequality and...
Persistent link: https://www.econbiz.de/10012853452
Cover Image
The Age for Austerity? Population Age Structure and Fiscal Multipliers
Kopecky, Joseph - 2021
Advanced economies face two important trends: population aging and rising debt. In the coming years it will be critical to understand how policies undertaken by governments interact with their changing age structures. In a panel of advanced economies, I show that fiscal deficit consolidation...
Persistent link: https://www.econbiz.de/10013311084
Cover Image
Debt Targets and Fiscal Consolidation in a two-country HANK model for the Euro Area
Chen, Xiaoshan; Lazarakis, Spyridon; Varthalitis, Petros - 2023
This paper builds a two-country Heterogenous Agents New Keynesian (HANK) model for the Euro Area (EA). The two countries differ in the degree of public indebtedness, i.e., the Periphery has a relatively higher public debt-output ratio vis-à-vis the Core. The model captures some key features of...
Persistent link: https://www.econbiz.de/10014255769
Cover Image
News and views on public finances : a survey experiment
Behringer, Jan; Dräger, Lena; Dullien, Sebastian; … - 2024
We use novel German survey data to investigate how perceptions and information about public finances influence attitudes towards public debt and fiscal rules. On average, people strongly underestimate the debt-to-GDP ratio, overestimate the interest-to-tax-revenue ratio and favor a tighter...
Persistent link: https://www.econbiz.de/10014485418