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Part 1. The Main Ingredients and Positions -- Chapter 1. The Three MuskEUteers: Pushing and Pursuing a "One for All, All for One" Triple Transition: Social, Green and Digital -- Chapter 2. Denica 2.0 and Tactical Management Information System (TMIS) -- Chapter 3. Key Directions for the New...
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Using state-dependent local projection methods and historical U.S. data, we find that government spending multipliers are considerably larger in periods of private debt overhang. In particular, we find significant crowding-out of personal consumption and investment in low-debt states, resulting...
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tba
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This article describes a new Stata routine, xtbcfe, that performs the iterative bootstrap-based bias correction for the fixed effects (FE) estimator in dynamic panels proposed by Everaert and Pozzi (Journal of Economic Dynamics and Control, 2007). We first simplify the core of their algorithm...
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In several OECD countries age-targeted wage subsidies have been introduced to increase the employment of older workers, but evidence on their effectiveness is scarce. This paper examines the effects of a permanent wage cost subsidy in Belgium on the employment rate, working time and hourly wage....
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