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Employing data from a representative survey conducted in Germany, this paper examines public preferences for the size … and composition of government expenditure. We focus on public attitudes toward taxes, public debt incurrence, and public …, political ideology, and time preference are significantly related to individual attitudes toward public spending, taxes, and …
Persistent link: https://www.econbiz.de/10010434575
We analyze the effectiveness of an increase in government consumption for stimulating growth for diverse levels of public debt in the European Union. We conclude, that growth rate can be stimulated in the short run by an increase in government consumption but only at low levels of public debt....
Persistent link: https://www.econbiz.de/10011717820
reduced by roughly 25 percent or taxes will need to be increased by about 33 percent, or some combination to avoid benefit …
Persistent link: https://www.econbiz.de/10014480253
side and avoid raising distortive taxes. Third, the fiscal framework should be improved by making fiscal rules less pro … enlarged mandate, while removing its power to veto the budget. This Working Paper relates to the 2012 OECD Economic Survey of …
Persistent link: https://www.econbiz.de/10009690137
government spending and raise taxes for the purposes of closing a government budget deficit. This paper analyzes the concept in …
Persistent link: https://www.econbiz.de/10013107161
We present an analytically tractable two-country New Open Economy Macroeconomics model of a currency union featuring an overlapping gen- erations structure of the Blanchard (1985)-Yaari (1965) type. It enables us to study the transmission and spillover effects of a wider range of fiscal shocks...
Persistent link: https://www.econbiz.de/10011741677
We present a two-country New Open Economy Macroeconomics model of a currency union featuring an overlapping generations structure of the Blanchard (1985)-Yaari (1965) type as well as monopolistic frictions and staggered adjustment in the goods and labor market. We allow for public investment and...
Persistent link: https://www.econbiz.de/10011752148
On 5-6 September 2012 SUERF held its 30th Colloquium “States, Banks, and the Financing of the Economy” at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different...
Persistent link: https://www.econbiz.de/10011689958
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....
Persistent link: https://www.econbiz.de/10011308548
Persistent link: https://www.econbiz.de/10013086179