Abstract: How has the COVID-19 pandemic affected state budgets? Using a quarterly panel of states between 1994 and 2019, we estimate how changes in employment affect tax revenues. We find that a one percentage point (pp) rise in employment is associated with a 1.56pp rise in total tax revenue,...

In this study, we analyze the cyclicality of fiscal policies in China during the period 1978-2013. We find that the cyclicality of local government spending in China significantly affects the cyclicality of total government spending. By employing both time-series and province-level panel data,...

In this study, we analyze the cyclicality of fiscal policies in China during the period 1978-2013. We find that the cyclicality of local government spending in China significantly affects the cyclicality of total government spending. By employing both time-series and province-level panel data,...

The 1974 Budget Act marked a turning point in U.S. budgeting history. With the Act, Congress decisively asserted its fiscal power, becoming more independent from the President in developing the budget and appropriating funds. Lawmakers at the time believed that the status quo, wherein Congress...

How has the COVID-19 pandemic affected state budgets? Using a quarterly panel of states between 1994 and 2019, we estimate how changes in employment affect tax revenues. We find that a one percentage point (pp) rise in employment is associated with a 1.56pp rise in total tax revenue, which is...

This paper assesses the impact of the pandemic crisis on self-employed income among artists resident in Germany. Using unique data from the latest available public insurance records, we show that musicians and performing artists are among the most vulnerable groups, and that writers, on average,...

In this project, we analyze whether the arts can mitigate negative impacts of social distancing and isolation on mental health and wellbeing, ease the burden of closed day-care and school facilities on families, and preserve attitudes of solidarity and trust. Using the SOEP-CoV questionnaire, we...