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Consumption and Keynesian fiscal policy
Schclarek, Alfredo - 2004
This paper empirically studies the effects of fiscal policy shocks on private consumption. Further, it tries to determine if the level of government bond yield and the unemployment rate affect that relationship. We use yearly data between 1970 and 2000 for thirty-eight countries, of which half...
Persistent link: https://www.econbiz.de/10010261064
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Fiscal Taylor rules in the postwar United States
Reicher, Christopher Phillip - 2009
Recent research and events have brought fiscal policy back into the spotlight. Fiscal Taylor rules and error correction models have represented two different ways of quantifying the feedbacks from fiscal and economic conditions to fiscal policy decisions. This paper synthesizes these two ideas,...
Persistent link: https://www.econbiz.de/10010276372
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The regional distribution of income and wages: Causes and consequences
Immel, Lea - 2021
Lea Immel prepared this study while she was working at the Research Group Taxation and Fiscal Policy at the ifo …
Persistent link: https://www.econbiz.de/10012484754
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Social protection and revenue collection: How they can jointly contribute to strengthening social cohesion
Burchi, Francesco; von Schiller, Armin; Strupat, Christoph - In: International Social Security Review 73 (2020) 3, pp. 13-32
Social protection and revenue collection are often regarded as potential drivers of social cohesion. The article joins this debate, providing three main contributions. First, we carefully discuss the concept of social cohesion and endorse one specific definition. Second, we propose using the...
Persistent link: https://www.econbiz.de/10012509494
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Fiscal Policy for Poverty Reduction, Reconstruction, and Growth
Addison, Tony; Roe, Alan; Smith, Matthew - World Institute for Development Economic Research … - 2006
Growth, poverty reduction, and social peace are all undermined when public expenditure management and taxation are weak … potential will not be realized until good and accountable expenditure and taxation systems are built. Good fiscal policy can … peace when an unfair distribution of spending and taxation generates grievances that turn violent. Overall, fiscal policy …
Persistent link: https://www.econbiz.de/10005059832
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Signaling Fiscal Regime Sustainability
Drudi, Francesco; Prati, Alessandro - Banca d'Italia - 1998
This paper proposes a signaling model of fiscal stabilizations that offers a new perspective on why governments deviate from optimal tax smoothing. In our model, dependable - but not fully credible - governments have an incentive to tighten the fiscal regime when the signaling effect on credit...
Persistent link: https://www.econbiz.de/10005113576
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Growth Effects of Fiscal Policies - A Comparative Analysis in a Multi-Country Context
Brons, Martijn; Groot, Henri L.F.M. de; Nijkamp, Peter - Tinbergen Institute - 1999
expenditures, taxation and growth, most empirical analyses are restricted to simple linear regressions of growth on some measure of …
Persistent link: https://www.econbiz.de/10005136911
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Demystifying a shining example: German public finances under the debt brake
Eicker-Wolf, Kai; Truger, Achim - 2014
German fiscal policy is nowadays often presented as a shining example due to successful budget consolidation after the Great Recession. However, the idea that the German success is the result of a well-thought-out economic strategy that could therefore serve as a role model for other countries...
Persistent link: https://www.econbiz.de/10010343314
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Unexpected Consequences of Ricardian Expectations
Schlicht, Ekkehart - 2013
government spending, a change in taxation does not alter the set of feasible life-time consumption plans of the households and …
Persistent link: https://www.econbiz.de/10010427622
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Unexpected Consequences of Ricardian Expectations
Schlicht, Ekkehart - 2012
government spending, a change in taxation does not alter the set of feasible life-time consumption plans of the households and …
Persistent link: https://www.econbiz.de/10010427638