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Can government spending have a large effect on private consumption and income? This paper uses a novel dataset on federal government disaster-relief spending, combined with both household and state-level consumption, income and employment data, to answer this question. My estimates show that the...
Persistent link: https://www.econbiz.de/10012961537
the data, we allow for monopolistic competition as well as partial taxation of pure profit income. We update the sample to … 2010, thereby including recent increases in government spending and their fiscal consequences. We provide new tax rate data … labor taxation …
Persistent link: https://www.econbiz.de/10013105927
data, we allow for monopolistic competition as well as partial taxation of pure profit income. We update the sample to 2010 …, thereby including recent increases in government spending and their fiscal consequences. We provide new tax rate data. We … taxation …
Persistent link: https://www.econbiz.de/10013110654
education, in addition to discussing how technological change creates new challenges for the taxation of income and consumption …
Persistent link: https://www.econbiz.de/10013392210
investment and labour as well as by altering after-tax proceeds across sectors. It is clear that economists have different … analysis concerning the effect of government spending and tax on economic growth in any nation. The research was conducted … stabilize investment activities. The regression result also shows that tax was not properly signed and this could largely be …
Persistent link: https://www.econbiz.de/10009762664
The study provides a detailed review of the past fiscal trends in India, analyzes the current fiscal situation at the Centre and the States and attempts to project the likely alternative scenarios for the future. The study identifies the possible corrective measures that need to be taken to...
Persistent link: https://www.econbiz.de/10014112581
This paper estimates the effects of fiscal stimulus on economic activity using a novel database on large fiscal expansions for 17 OECD countries for the period 1960–2006. The database is constructed by combining the statistical approach to identifying large shifts in fiscal policy with...
Persistent link: https://www.econbiz.de/10012865948
Debt-financed fiscal stimulus programmes directly stimulate aggregate demand through government expenditure or tax cuts …
Persistent link: https://www.econbiz.de/10012650853
particular government consumption and to a lesser extent government investment. Tax hikes reduce output and increase unemployment …, in particular those leading to higher implicit direct and indirect tax rates. The impact effects of fiscal policy on …
Persistent link: https://www.econbiz.de/10010208963
This paper tests the joint hypotheses that policymakers engage in fiscal policy opportunism and that voters respond by rewarding that opportunism with higher vote margins. Furthermore, it investigates the impact of fiscal illusion on the previous two dimensions. Empirical results, obtained with...
Persistent link: https://www.econbiz.de/10014192600