Narrow search
Showing 1 - 10 of 19
Cover Image
Evaluating Fiscal Policy Reforms Using the Fiscal Frontier
Chen, Xiaoshan; Leith, Campbell; Ricci, Mattia - 2022
We develop a Fiscal Frontier which traces out the maximum government debt level that can be sustained at a given welfare cost. Through duality, the intertemporal policy mix underpinning the Frontier mirrors standard Ramsey policy and de nes an upper limit on the welfare gains that can be...
Persistent link: https://www.econbiz.de/10014264774
Cover Image
The role of short-time work and discretionary policy measures in mitigating the effects of the Covid-19 crisis in Germany
Christl, Michael; De Poli, Silvia; Hufkens, Tine; … - 2021
In this paper, we investigate the impact of the COVID-19 pandemic on German household income using a micro-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the German labour market. We find the consequences of the...
Persistent link: https://www.econbiz.de/10012513311
Cover Image
The role of short-time work and discretionary policy measures in mitigating the effects of the COVID-19 crisis in Germany
Christl, Michael; De Poli, Silvia; Hufkens, Tine; … - 2021
In this paper, we investigate the impact of the COVID-19 pandemic on German household income using a micro-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the German labour market. We find the consequences of the...
Persistent link: https://www.econbiz.de/10012593782
Cover Image
The cushioning effect of short-time work and discretionary policy measures : an assessment of the COVID-19 crisis in Germany
Christl, Michael; De Poli, Silvia; Hufkens, Tine; … - 2021
In this paper, we investigate the impact of the COVID-19 pandemic on German household income using a micro-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the German labour market. We find the consequences of the...
Persistent link: https://www.econbiz.de/10012507246
Cover Image
The role of short-time work and discretionary policy measures in mitigating the effects of the COVID-19 crisis in Germany
Christl, Michael; De Poli, Silvia; Hufkens, Tine; … - In: International tax and public finance 30 (2023) 4, pp. 1107-1136
Persistent link: https://www.econbiz.de/10014335042
Cover Image
The role of fiscal policy measures in mitigating the effects of the Covid-19 crisis in Germany
Christl, Michael; De Poli, Silvia; Hufkens, Tine; … - In: econPol Forum : a bi-monthly journal on European … 24 (2023) 5, pp. 36-40
We use a novel methodology for modeling the socio-economic impacts of economic crisis in Germany, and apply it to estimate the impact of the Covid-19 pandemic. We estimate that German households lost more than 3 percent of their market income in 2020 due to the Covid-19 pandemic, with the effect...
Persistent link: https://www.econbiz.de/10014435091
Cover Image
The Role of Short-Time Work and Discretionary Policy Measures in Mitigating the Effects of the COVID-19 Crisis in Germany
Christl, Michael; Poli, Silvia De; Hufkens, Tine; … - 2021
In this paper, we investigate the impact of the COVID-19 pandemic on German household income using a micro-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the German labour market. We find the consequences of the...
Persistent link: https://www.econbiz.de/10013227481
Cover Image
Uncertain fiscal consolidations
Bi, Huixin; Leeper, Eric M.; Leith, Campbell B. - In: The economic journal : the journal of the Royal … 123 (2013) 566, pp. 31-63
Persistent link: https://www.econbiz.de/10009754541
Cover Image
Uncertain fiscal consolidations
Bi, Huixin; Leeper, Eric M.; Leith, Campbell B. - 2012
Persistent link: https://www.econbiz.de/10009516819
Cover Image
Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe
Leith, Campbell B.; Malley, James R. - 2002
A persistent criticism of general equilibrium models of monetary policy which incorporate nominal inertia in the form of the New Keynesian Phillips Curve (NKPC) is that they fail to capture the extent of inflation inertia in the data. In this paper we derive a general equilibrium model based on...
Persistent link: https://www.econbiz.de/10011409738