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Automatic stabilization and discretionary fiscal policy in the financial crisis
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - In: IZA journal of labor policy 1 (2012), pp. 1-19
This paper investigates the relationship between the magnitude of automatic stabilizers in the tax and transfer systems of 19 EU countries and the US, and discretionary fiscal stimulus packages passed by these countries during the recent economic crisis. In particular, we ask whether countries...
Persistent link: https://www.econbiz.de/10009687338
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Wie wirken die automatischen Stabilisatoren in der Wirtschaftskrise? : Deutschland im Vergleich zu anderen EU-Staaten und den USA
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - In: Perspektiven der Wirtschaftspolitik : eine Zeitschrift … 11 (2010) 2, pp. 132-145
Persistent link: https://www.econbiz.de/10003980290
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Germany and the United States in coronavirus distress : internal versus external labour market flexibility
Herzog-Stein, Alexander; Nüß, Patrick; Peede, Lennert; … - In: Journal for labour market research 56 (2022) 1, pp. 1-22
Germany and the United States pursued different economic strategies to minimise the impact of the Coronavirus Crisis on the labour market. Germany focused on safeguarding existing jobs through the use of internal flexibility measures, especially short-time work (STW). The United States relied on...
Persistent link: https://www.econbiz.de/10013368682
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Automatic stabilizers and economic crisis : US vs. Europe
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - In: Journal of public economics 96 (2012) 3/4, pp. 279-294
Persistent link: https://www.econbiz.de/10009699605
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Tax-and-transfer progressivity and business cycles
Jang, Youngsoo; Sunakawa, Takeki; Yum, Minchul - In: Quantitative economics : QE ; journal of the … 14 (2023) 4, pp. 1367-1400
This paper studies how tax-and-transfer progressivity influences aggregate fluctuations when interacting with household heterogeneity. Using a simple static model of the extensive margin labor supply, we analytically characterize how a degree of progressivity influences differential labor supply...
Persistent link: https://www.econbiz.de/10014496528
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The elasticity of taxable income during the 1990s : new estimates and sensitivity analyses
Giertz, Seth H. - In: Southern economic journal 77 (2010) 2, pp. 406-433
Persistent link: https://www.econbiz.de/10008735703
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Der deutsche Schuldenabbau im europäischen Vergleich : glückliche Umstände oder starke Leistung?
Büttner, David; Meurers, Martin - In: Vierteljahrshefte zur Wirtschaftsforschung 88 (2019) 4, pp. 51-66
Haushaltspolitik. Eine Zerlegung der Entwicklung der Staatsverschuldung seit dem Jahr 2010 zeigt, dass der Schuldenabbau in Deutschland …" noch der Vorwurf, Deutschland sei nur auf Haushaltsdisziplin "versessen", wirklich zutreffend. Die Entwicklungen in den … Konsolidierung bei gleichzeitig hohem Wirtschaftswachstum - also einem sog. "expansionary fiscal adjustment" – stellt Deutschland …
Persistent link: https://www.econbiz.de/10012155258
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How did we get to the deficit spectrum of the economic crisis?
Bodislav, Alexandru - In: Romanian journal of fiscal policy : RJFP 3 (2012) 1, pp. 9-19
The economies of developed countries of the 21st century benefit from the unseen-till-now prosperity; life standard that suffered a hard landing starting with 2007 and that seems to evolve in a chain-saw model for the crisis development. The forecast is based on the first in, last outʺ...
Persistent link: https://www.econbiz.de/10009548649
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A stabilization fund for a more crisis-proof euro area
Clemens, Marius - In: DIW weekly report : economy, politics, science : a … 9 (2019) 16/18, pp. 150-151
No country in Europe is safe from a recession. A stabilization fund which member states pay into while the economy is strong and from which they receive grants during downturns can improve welfare in individual euro area countries. The fund should be structured in such a way that permanent...
Persistent link: https://www.econbiz.de/10012007506
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A stabilization fund can make the Euro area more crisis-proof
Clemens, Marius; Klein, Mathias - In: DIW weekly report : economy, politics, science : a … 8 (2018) 22/23, pp. 193-200
Reorganizing European fiscal policy is a main topic in current reform considerations. In particular, the creation of a European stabilization mechanism is being discussed. This study examines the macroeconomic effects of a stabilization fund, the economic consequences of which are analyzed in an...
Persistent link: https://www.econbiz.de/10011858306