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Optimal Fiscal Policy in a Model with Uninsurable Idiosyncratic Income Risk
Dyrda, Sebastian; Pedroni, Marcelo - 2021
tax base is relatively unequal and inelastic; (2) an increasing pattern of labor income taxes over time mitigates … remaining third come mostly from insurance; and (5) redistribution also leads to a more efficient allocation of labor via wealth …
Persistent link: https://www.econbiz.de/10013217069
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Lottery tax windfalls, state-level fiscal policy, and consumption
Da, Zhi; Warachka, Mitch; Yun, Hayong - In: Economics Letters 129 (2015) C, pp. 9-12
We find that lottery tax windfalls finance higher state-government expenditures on supplemental security income that … increase consumption, but only during bust periods. Wealth transfers from lottery winners to low income households enable …
Persistent link: https://www.econbiz.de/10011263453
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Wealth taxation and wealth accumulation : theory and evidence from Denmark
Jakobsen, Katrine; Jakobsen, Kristian; Kleven, Henrik … - 2018
Persistent link: https://www.econbiz.de/10012542616
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Fiscal consolidation in Europe : pre- and post-Maastricht
Kamps, Christophe - 2001
Based on a panel data model this paper investigates whether the effects of fiscal policy on national saving in Europe … national saving responds nonlinearly to fiscal policy when a large and persistent consolidation is undertaken. I show that …
Persistent link: https://www.econbiz.de/10011474247
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Fiscal Consolidation in Europe : Pre- and Post-Maastricht
Kamps, Christophe - 2005
Based on a panel data model this paper investigates whether the effects of fiscal policy on national saving in Europe … national saving responds nonlinearly to fiscal policy when a large and persistent consolidation is undertaken. I show that …
Persistent link: https://www.econbiz.de/10014064008
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Fiscal Austerity as the Achilles’ Heel to Socio-Economic Prosperity
Stournaras, Christos F. - 2012
Fiscal consolidation is used as a synonym for austerity much as debt restructuring is used as a euphemism for partial repudiation. Inside the political arena of international economics, the nomenclature of government officials in policy debates adopts colorful terminology, such as healthy public...
Persistent link: https://www.econbiz.de/10013103649
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Chapter 22 Political economics and macroeconomic policy
Persson, Torsten; Tabellini, Guido - In: Handbook of macroeconomics : volume 1, part C, (pp. 1397-1482). 1999
fiscal policy in a dynamic general equilibrium set up: the main topics here are credibility of tax policy, and political …
Persistent link: https://www.econbiz.de/10014024218
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Fiscal policy instruments for inclusive labour markets : a review
Ernst, Ekkehard; Merola, Rossana; Reljic, Jelena - 2024
, active labour market and care policies, social protection measures and tax reforms - and their effectiveness in supporting …
Persistent link: https://www.econbiz.de/10014496436
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Study on quality of public finances in support of growth in the mediterranean partner countries of the EU
De Wulf, Luc; Coutinho, Leonor; Sassanpour, Cyrus; … - 2010
Persistent link: https://www.econbiz.de/10008736763
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Fiscal Consolidation in Europe: Pre- and Post-Maastricht
Kamps, Christophe - 2001
Based on a panel data model this paper investigates whether the effects of fiscal policy on national saving in Europe … national saving responds nonlinearly to fiscal policy when a large and persistent consolidation is undertaken. I show that …
Persistent link: https://www.econbiz.de/10010260473