Based on a panel data model this paper investigates whether the effects of fiscal policy on national saving in Europe … national saving responds nonlinearly to fiscal policy when a large and persistent consolidation is undertaken. I show that …

, when tax policy relies heavily on income taxation to do so, the analysis suggests a likely negative effect on growth …

, active labour market and care policies, social protection measures and tax reforms - and their effectiveness in supporting …

Based on a panel data model this paper investigates whether the effects of fiscal policy on national saving in Europe … national saving responds nonlinearly to fiscal policy when a large and persistent consolidation is undertaken. I show that …

, active labour market and care policies, social protection measures and tax reforms - and their effectiveness in supporting …

are poor, leading to a redistributive motive for taxation. Optimal tax rates can be written as a closed-form function of …We study optimal taxation in a model with endogenous financial frictions, risky investment and occupational choice …, where the distribution of wealth across entrepreneurs affects how efficiently capital is used. The planner chooses linear …

are poor, leading to a redistributive motive for taxation. Optimal tax rates can be written as a closed-form function of …We study optimal taxation in a model with endogenous financial frictions, risky investment and occupational choice …, where the distribution of wealth across entrepreneurs affects how efficiently capital is used. The planner chooses linear …