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Rolling back the public sector : differential effects on employment, investment and growth
Ploeg, Frederick van der - 2003
The macroeconomic effects on growth, investment and private sector employment of different ways of rolling back the … cutting public spending on private goods induce an investment boom. Making the tax system less progressive by cutting tax … credits and the income tax rate induces an investment boom as well. The effects of endogenous growth, adjustment costs for …
Persistent link: https://www.econbiz.de/10011506465
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Rolling back the public sector : differential effects on employment, investment and growth
Ploeg, Frederick van der - 2003
The macroeconomic effects on growth, investment and private sector employment of different ways of rolling back the … cutting public spending on private goods induce an investment boom. Making the tax system less progressive by cutting tax … credits and the income tax rate induces an investment boom as well. The effects of endogenous growth, adjustment costs for …
Persistent link: https://www.econbiz.de/10001775081
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Rolling back the public sector : differential effects on unemployment, investment and growth
Ploeg, Frederick van der - 2005
Persistent link: https://www.econbiz.de/10013424587
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Macroeconomic developments and policies since 2000
Acharya, Shankar N. - 2025
variables of fiscal balance, savings and investment. Section II considers some of the major exogenous shocks experienced in the … trading nations; the need to raise India's aggregate investment, savings and exports through an array of economic policy …
Persistent link: https://www.econbiz.de/10015403470
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Behavioral responses to inheritance taxation : a review of the empirical literature
Schratzenstaller, Margit - 2023
Wealth inequality and concentration, together with the search for options to secure long-term sufficiency of tax systems in face of ageing societies, have recently moved the taxation of inheritances into the spotlight. The question if and to what extent behavioral responses by bequeathers may...
Persistent link: https://www.econbiz.de/10014445551
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Human capital formation, income inequality and growth
Viaene, Jean-Marie; Zilcha, Itzhak - 2001
parental human capital; (2) intergenerational transfers are accomplished via investment in the education of the younger …
Persistent link: https://www.econbiz.de/10011399283
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Human capital formation, income inequality and growth
Viaene, Jean-Marie; Zilcha, Itzhak - 2001
parental human capital;intergenerational transfers, accomplished via investment in the education of the younger generation …
Persistent link: https://www.econbiz.de/10011318579
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The short- and long-run damages of fiscal austerity : Keynes beyond Schumpeter
Dosi, Giovanni; Napoletano, Andrea; Roventini, Andrea; … - 2014
In this work we analyze the short- and long-run effects of fiscal austerity policies, employing an agent-based model populated by heterogeneous, boundedly-rational firms and banks. The model, in line with the family of "Keynes+Schumpeter" formalism, is able to account for a wide array of macro...
Persistent link: https://www.econbiz.de/10010437048
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Elections, fiscal policy and growth : revisiting the mechanism
Oikonomidēs, Geōrgios; Philippopulos, Apostolēs; … - 2002
This short paper reconsiders the popular result that the lower the probability of getting reelected, the stronger the incumbent politicians incentive to follow short-sighted, inefficient policies. The set-up is a general equilibrium model of endogenous growth and optimal fiscal policy, in which...
Persistent link: https://www.econbiz.de/10011409401
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Myopic governments and welfare-enhancing debt limits
Rieth, Malte - 2011
This paper studies welfare consequences of a soft borrowing constraint on sovereign debt which is modeled as a proportional fine per unit of debt exceeding some reference value. Debt is the result of myopic fiscal policy where the government is assumed to have a smaller discount factor than the...
Persistent link: https://www.econbiz.de/10008902385