Wesentliches Ziel des seit 1995 rechtsgültigen GATS-Vertrages (General Agreement on Trade in Services) ist die "fortschreitende Liberalisierung" sämtlicher Dienstleistungsmärkte. Um dieses Ziel zu erreichen, wird seit 2000 eine weitere Liberalisierung verhandelt. Die vorliegende Studie lotet...

We compare the distributional effects of policy changes presented as fiscal consolidation measures in nine EU countries that experienced large budget deficits following the financial crisis of the late 2000s and subsequent economic downturn, using the EU microsimulation model EUROMOD. The nine...

We examine fiscal adjustment episodes in 24 OECD countries in order to find how austerity affects debt and growth, and whether the choice of fiscal instrument matters for the results. Influential existing studies argue that spending cuts are more likely to successfully reduce debt and enhance...