households’ consumption expenditures and their perceived pass-through of the tax change into prices to quantify its effects. The … consumption spending by 34 billion Euros …

households’ consumption expenditures and their perceived pass-through of the tax change into prices to quantify its effects. The … consumption spending by 34 billion Euros …

induce the same consumption and labor supply of each household and, thus, the same allocation as interest rate policies. When …We show that in a New Keynesian model with household heterogeneity, fiscal policy can be a perfect substitute for … monetary policy: three simple conditions for consumption taxes, labor taxes, and the government debt level are sufficient to …

its transmission mechanism. Consumption taxes and labor taxes replicate the effects of monetary policy through the …

expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We provide preliminary evidence for …Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation … the effectiveness of such policies using changes in value-added tax (VAT) and household survey data for Poland. We find …

relatively ineffective in stimulating consumption with regards to their costs when compared to other measures such as (targeted …

relatively ineffective in stimulating consumption with regards to their costs when compared to other measures such as (targeted …

expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We provide preliminary evidence for …Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation … the effectiveness of such policies using changes in value-added tax (VAT) and household survey data for Poland. We find …

its transmission mechanism. Consumption taxes and labor taxes replicate the effects of monetary policy through the …