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We study state-dependent effects of narratively identified tax shocks in Germany and the UK over the period 1974Q1 … cuts initially have a larger effect during times of nonrecession in Germany, whereas we find no state-dependent effects for … cuts and hikes individually: tax hikes can be expansionary in Germany (UK) when implemented during non …
Persistent link: https://www.econbiz.de/10012591522
This article describes ZEW-EviSTA®, the microsimulation model developed and used at ZEW - Centre for European Economic Research in Mannheim. The model simulates the German tax and transfer system using household micro level data. By estimating fiscal effects, labor market outcomes as well as...
Persistent link: https://www.econbiz.de/10013281463
I study the spill-over effects of legislated discretionary tax changes in the United States, Germany, and the United …
Persistent link: https://www.econbiz.de/10012649097
We study the announcement effect of legislated tax changes on GDP in the US, Germany, and the UK. Using, as the shock … Germany. When allowing the responses to vary over the business cycle, we find evidence that US GDP drops regardless of the …
Persistent link: https://www.econbiz.de/10012649099
This paper explores the international transmission of U.S. tax shocks and provides evidence for the German economy. Using structural vector autoregressions, we find that after a U.S. tax cut, German GDP increases moderately. While higher U.S. demand stimulates German exports, a deterioration of...
Persistent link: https://www.econbiz.de/10011928267
, we study whether legislative tax changes affect the trade balance in the United States, Germany, and the United Kingdom …) indirect tax changes in Germany and the UK, (v) spillovers of US tax changes into Germany and the UK, and (vi) asymmetric … in the US and Germany react quite similarly: imports tend to rise; exports do not change much. Consequently and fostered …
Persistent link: https://www.econbiz.de/10012543168
This paper presents an applied general equilibrium model for Germany. The model integrates specific labour market …
Persistent link: https://www.econbiz.de/10010298083
to gain an approximate overview of the total subsidies in the Federal Republic of Germany, the state financial assistance …
Persistent link: https://www.econbiz.de/10012063721
Germany's international competitiveness has not yet been given any particular political priority. On the other hand, spending …
Persistent link: https://www.econbiz.de/10014584258
' und 'gelben' Finanzhilfen des Bundes. Bildungspolitik fällt in Deutschland zu guten Teilen in das Aufgabengebiet der … Germany, the financial assistance provided by the Länder was estimated. On this basis, a total planned subsidy volume of just … only just under 26 percent of the sum of "red" and "yellow" federal financial assistance. Education policy in Germany is …
Persistent link: https://www.econbiz.de/10012303768