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consumption are estimated for the EU15 countries, using annual data over the period 1970-2005. Three alternative approaches to … government final consumption, social transfers, and taxes), depending on the specification and on the time span used. On the …
Persistent link: https://www.econbiz.de/10013317479
period on private consumption. Thereby, we also take the specific context of the transition towards EMU explicitly into …
Persistent link: https://www.econbiz.de/10013320781
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Recent fiscal policies, including the 2008 stimulus payments and the 2009 Making Work Pay tax credit, aimed to increase household spending. This paper quantifies the spending response to these policies and examines differences in spending by whether the stimulus was delivered as a one-time...
Persistent link: https://www.econbiz.de/10012462409
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. While there is abundant evidence that remittances facilitate consumption smoothing in receving countries, the literature has … impact of remittances on the stability of household consumption, using both cross-country and household-level datasets. Our … focus is on whether the consumption-smoothing effect changes with fiscal policy phases and whether remittances and …
Persistent link: https://www.econbiz.de/10011705313
In response to the economic crisis created by the COVID-19 pandemic, many governments provided financial assistance to households. Using representative consumer surveys conducted during the pandemic in 2020, we examine the effects of this fiscal policy instrument on households in two emerging...
Persistent link: https://www.econbiz.de/10012543614
consumption confirms that fiscal policy changes - both contractions and expansions - can have non-Keynesian effects if they are … sufficiently large and persistent, and suggests that these effects can result not only from changes in public consumption but to … decrease in net taxes (with almost no change in public consumption) was associated with a dramatic fall in private domestic …
Persistent link: https://www.econbiz.de/10012473537