Showing 1 - 10 of 18,159
Persistent link: https://www.econbiz.de/10001720956
This paper investigates the effects of government spending on key macroeconomic variables in Germany. It contributes to … for Germany by pointing to a rather positive effect of government spending on GDP. …
Persistent link: https://www.econbiz.de/10011525541
Keynesian theory suggests that a reduction in government expenditure has a negative effect on private demand and therefore on output. Contrary, neoclassical theory argues that reduced public expenditure makes room for an expansion of the private sector and thus has a stimulating effect on the...
Persistent link: https://www.econbiz.de/10011540071
In this paper, we use the estimated three-region DSGE model GEAR, which pictures Germany, the Euro Area and the Rest of … Germany and the rest of EMU affected GDP growth and unemployment during the crisis. Not surprisingly, stimulus programmes … policy on domestic GDP growth was only small, however, amounting to a maximum of 1.6% for Germany and 0.8% for the rest of …
Persistent link: https://www.econbiz.de/10010486694
identify the causal price effects, we compare the development of prices in Germany to those in Austria. Our findings indicate …
Persistent link: https://www.econbiz.de/10012547036
exogenous value-added tax reform in Germany, I use an event study and a differences-in-differences approach to investigate the …
Persistent link: https://www.econbiz.de/10012404571
Persistent link: https://www.econbiz.de/10012307282
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty in order to prevent layoffs and stabilize employment. Many OECD countries have used this policy in the Great Recession, for example. This paper shows that the effects of...
Persistent link: https://www.econbiz.de/10011718992
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10011845664
Persistent link: https://www.econbiz.de/10012183991