This paper examines the role of tax policy reforms in enhancing fiscal shock smoothing in a panel of 13 OECD economies during the period 1980-2017. The results suggest that tax reforms, in particular those that broaden the tax base, significantly enhance the ability of fiscal policy to mitigate...

Policy toward fiscal rules is an important issue in the countries of the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia). According to a rough estimate, the countries with rules (all but North Macedonia) have complied with their debt and...

Der Green New Deal fordert eine radikale Umkehr der derzeitigen Weltwirtschaft einschliesslich der Verpflichtung zu Fairness und sozialer Gerechtigkeit. Er hat das Potenzial, eine der größt︢en globalen Kampagnen unserer Zeit zu werden - und er begann in Ann Pettifors Wohnung. Schon im Jahr...