Revenue from taxation has become more volatile after the global financial crisis. In this paper we provide a mean …-variance analysis for key taxation components in the Irish fiscal accounts. This approach is a useful complement to the more standard … analysis reveals that for a given taxation return, sourcing an increased amount of revenue from direct as opposed to indirect …

recommendations on how taxation should be used to address problems of inequality and poverty. The research methodology is based on a … taxation and social spending on inequality and poverty in individual countries. The dataset consists of data from the World … its redistributive policies. The article contributes to the academic literature on the impact of taxation on poverty and …

This paper analyzes the relationship between inflation, output and government size by reexamining the time … acquisition of nominal money à la Neiss (Neiss, Katharine S. (1999), Discretionary Inflation in a General Equilibrium Model … is shown that, with predetermined wages, the equilibrium rate of inflation is above the Friedman rule and the equilibrium …

. Because actual in.ation remains historically low and data on inflation expectations do not corroborate such risks, warnings … for fiscal inflation are often ignored in policy and academic circles. This paper shows that a canonical NK- DSGE model … results suggest that fiscal inflation concerns have induced a 1.6%-points increase in long-run inflation since 2001. The model …

The paper analyses the reasons for Japan's persistently low inflation since the bursting of the Japanese bubble economy … (low inflation conundrum). It is shown that Japan experienced a structural break from a high-growth period with relatively … high inflation to a low-growth period with exceptionally low inflation since the early 1990s. We show based on a stylized …

This study revisits and tests empirically the Portfolio Theory of Inflation (PTI), which analyzes how the effectiveness … (Bossone, The portfolio theory of inflation and policy (in)effectiveness, 2019). The PTI shows that when an economy is heavily … and policies aimed to stimulate output growth dissipate into domestic currency depreciation and higher inflation, with …

policy to U.S. inflation over the December 2019-June 2022 period. Model calibrations show that aggregate demand shocks … explain roughly two-thirds of total model-based inflation, and that the fiscal stimulus contributed half or more of the total …