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dynamics of economic growth and social stability. This paper examines the role of fiscal policy in the economic growth ensuring … of economic regression, the interrelations between government spending and GDP growth in different groups of countries …
Persistent link: https://www.econbiz.de/10012930622
growth enhancing tax and expenditure reform. We quantitatively illustrate that this reform based strategy, by … reapingsubstantial efficiency gains and inducing strong growth, eliminates the Covid debt, protects per capita social entitlements and …
Persistent link: https://www.econbiz.de/10012796971
the euro crisis. It presents new econometric estimates on the link between cumulative GDP growth and fiscal austerity …
Persistent link: https://www.econbiz.de/10011778844
In this paper, a new approach to disclose the impact of politics on economic growth is presented: we use data derived … growth negatively; those which proposed incentives for business as well as technology and infrastructure had a positive …
Persistent link: https://www.econbiz.de/10010303002
In this paper, a new approach to disclose the impact of politics on economic growth is presented: we use data derived … growth negatively; those which proposed incentives for business as well as technology and infrastructure had a positive … impact. Moreover, the robustness of the results is demonstrated in a model averaging framework. -- Economic growth …
Persistent link: https://www.econbiz.de/10008702176
On February 12, 2010, SUERF, the Oesterreichische Nationalbank and the Bankwissenschaftliche Gesellschaft continued their established tradition of jointly organised conferences. As evidenced also by the 115 conference participants, this year's subject of "Contagion and Spillovers – New...
Persistent link: https://www.econbiz.de/10011689946
On February 12, 2010, SUERF, the Oesterreichische Nationalbank and the Bankwissenschaftliche Gesellschaft continued their established tradition of jointly organised conferences. As evidenced also by the 115 conference participants, this year's subject of "Contagion and Spillovers – New...
Persistent link: https://www.econbiz.de/10011706561
We contribute to the literature on the long-run effect of fiscal consolidation on economic growth by applying a novel …-consolidation trajectories of economic growth in six case studies of OECD countries. In contrast to recent studies that reject the hypothesis of … economic growth. Half of the case studies point to a positive effect with the other half indicating a negative effect. We …
Persistent link: https://www.econbiz.de/10011490895
interpretation of the produced results. -- Tax reform ; anticipation effects ; investment ; economic growth ; welfare ; corporate …
Persistent link: https://www.econbiz.de/10003748089
Macroeconomic studies of tax policy in dynamic general equilibrium usually assume that reforms hit the economy unexpectedly and last forever. Here, we explore how previous results change when we allow policy changes to be pre-announced and of finite duration and when these facts are anticipated...
Persistent link: https://www.econbiz.de/10012723272