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Sticky information Phillips curves: European evidence
Döpke, Jörg; Dovern, Jonas; Fritsche, Ulrich; … - 2008
professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and …
Persistent link: https://www.econbiz.de/10011604976
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Democratization, De Facto Power, and Taxation : Evidence from Military Occupation During Reconstruction
Chacón, Mario; Jensen, Jeffrey L. - 2019
How important is the enforcement of political rights in new democracies? We use the enfranchisement of the emancipated slaves following the American Civil War to study this question. Critical to our strategy, black suffrage was externally enforced by the U.S. Army in ten Southern states during...
Persistent link: https://www.econbiz.de/10014117516
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Tax cuts or social investment? : evaluating the opportunity cost of French employment strategy
Carbonnier, Clément; Palier, Bruno; Zemmour, Michaël - In: Cambridge journal of economics 40 (2016) 6, pp. 1687-1705
Persistent link: https://www.econbiz.de/10011660935
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Who Really Benefits from Consumption Tax Cuts? Evidence from a Large VAT Reform in France
Benzarti, Youssef - 2017
In this paper we evaluate the incidence of a large cut in the value-added tax (VAT) for French sit-down restaurants. In contrast to previous studies that focus on prices only, we estimate its effect on four groups: workers, firm owners, consumers and suppliers of material goods. Using a...
Persistent link: https://www.econbiz.de/10012971432
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Do personal taxes affect capital structure? : evidence from the 2003 tax cut
Lin, Leming; Flannery, Mark J. - In: Journal of financial economics 109 (2013) 2, pp. 549-565
Persistent link: https://www.econbiz.de/10009784162
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Do Personal Taxes Affect Capital Structure : Evidence from the 2003 Tax Cut
Lin, Leming - 2014
Because the personal tax treatments of interest and dividend income likely affect the relative cost of debt and equity financing, a sharp change in tax treatment could affect firms' optimal leverage. This paper examines the effect of the 2003 equity income tax cut on firms' debt usage. Because...
Persistent link: https://www.econbiz.de/10013066424
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The Dynamic Behaviour of Budget Components and Output - the Cases of France, Germany, Portugal, and Spain
Claeys, Peter - 2006
budget balance in France, Germany, Portugal, and Spain. We try to uncover past trends behind the development of public …
Persistent link: https://www.econbiz.de/10012732612
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The Dynamic Behaviour of Budget Components and Output
Claeys, Peter - 2007
budget balance in France, Germany, Portugal, and Spain. We try to uncover past trends behind the development of public …
Persistent link: https://www.econbiz.de/10012776609
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Expected Budget Deficits and Interest Rate Swap Spreads - Evidence for France, Germany and Italy
Heppke-Falk, Kirsten - 2016
This study analyses whether expected budget deficits have an impact on interest rate swap spreads in France, Germany … the whole sample period (1994-2004). However, we find an increase in market discipline for Germany and France since the … signing of the Stability and Growth Pact, and for Germany also since the start of European monetary …
Persistent link: https://www.econbiz.de/10012991340
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The Dynamic Behaviour of Budget Components and Output
Afonso, António; Claeys, Peter - 2008
budget balance in France, Germany, Portugal, and Spain. We try to uncover past trends behind the development of public …
Persistent link: https://www.econbiz.de/10014050895