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Budget Deficits, Tax Risk and Consumption
Becker, Torbjorn - 1998
that the co-movements between budget deficits and private consumption will depend on how risk averse individuals are. In … iso-elastic utility function, the standard analysis of capital income risk predicts (precautionary) savings to increase … with increased risk if the coefficient for relative risk aversion is greater than one. This is no longer sufficient when …
Persistent link: https://www.econbiz.de/10014109632
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The effects of uncertainty about countries’ compliance with the stability and growth pact
Ferré Carracedo, Montserrat - In: Journal of policy modeling : JPMOD ; a social science … 34 (2012) 5, pp. 660-674
Persistent link: https://www.econbiz.de/10009623515
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Growth, deficits and uncertainty : theoretical aspects and empirical evidence from a panel of 27 countries
Goulas, Eleftherios; Zervoyianni, Athina L. - In: The quarterly review of economics and finance : journal … 53 (2013) 4, pp. 380-392
Persistent link: https://www.econbiz.de/10010374765
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Balancing Fiscal Policy Risks
2012
Persistent link: https://www.econbiz.de/10009738598
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Political Instability, Uncertainty and Economics
Carmignani, Fabrizio - 2003
This paper focuses on the relationship between political instability, policy-making and macroeconomic outcomes. The theoretical section explores various models that explain the effect of instability (and political uncertainty) on growth, budget formation, inflation and monetary policy. The...
Persistent link: https://www.econbiz.de/10014089561
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Are deficits free?
Brumm, Johannes; Feng, Xiangyu; Kotlikoff, Laurence J.; … - In: Journal of public economics 208 (2022), pp. 1-16
Persistent link: https://www.econbiz.de/10013347479
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Nowcasting private consumption : traditional indicators, uncertainty measures, credit cards and some internet data
Gil, María; Pérez, Javier J.; Sánchez Fuentes, A. Jesús - 2018
Persistent link: https://www.econbiz.de/10011946875
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Educational and wage risk : social insurance vs. quality of education
Schindler, Dirk; Weigert, Benjamin - 2008
revenue from the graduate tax. -- Human capital investment ; educational risk ; wage risk ; learning effort ; graduate …In this model of education, where individuals are exposed both to educational risk and to wage risk within the skilled … present risks is a dichotomic task: Wage risk is diversified ex post among the skilled by graduate taxation and skill …
Persistent link: https://www.econbiz.de/10003806025
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The impact of tax uncertainty on irreversible investment
Niemann, Rainer - In: Review of managerial science 5 (2011) 1, pp. 1-17
Persistent link: https://www.econbiz.de/10008909356
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The impact of tax uncertainty on irreversible investment
Niemann, Rainer (contributor) - 2007
Persistent link: https://www.econbiz.de/10003597980