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The purpose of this paper is to study whether innovations in monetary and fiscal policy are a leading indicator of future business and consumer confidence and reverse applying the panel Granger causality analysis to two periods in the history of the euro area: before and after the start of the...
Persistent link: https://www.econbiz.de/10012817847
This study examines the influence of fiscal councils on public opinion regarding fiscal issues. Using a survey-framing experiment on a representative sample of 900 inhabitants of the Czech Republic, the study evaluates how the framing of a message regarding the negative effects of rising...
Persistent link: https://www.econbiz.de/10014636641
This report attempts to examine the impact of the crisis and crisis policies on incomes, inequality and poverty in Greece. Based on extensive income and tax data, it investigates changes in incomes, direct, indirect and property taxation and their incidence between 2008 and 2012-13, their impact...
Persistent link: https://www.econbiz.de/10010494996
uniform increase in import tariffs and export subsidies (IX), an increase in value-added taxes accompanied by a payroll tax … reduction (VP), and a border adjustment of corporate pro.t taxes (BAT). Using a dynamic New Keynesian open-economy framework, we … (with the output stimulus largely due to the subsidies). Under full pass-through of taxes, IX and BAT are equivalent but VP …
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Opportunities for growth and investment in Central America could well improve in the coming years, as the region's ties with the world economy grow closer. This integration, however, also presents important challenges for economic policy to ensure that growth can be sustained and can benefit the...
Persistent link: https://www.econbiz.de/10014484854