Household saving behavior in the Nordic countries is studied by trying to figure out the effects of tax factors on its level and fluctuations. By and large, the lower level of the household saving ratio in the Nordic countries relative to the rest of the OECD can be accounted for by higher...

The paper discusses the measurement of fiscal policy effects in the OECD/EU countries. The analysis is based on a simple VAR model for output growth, inflation and a fiscal indicator. Empirical analyses with data from 21 OECD countries for 1960-1996 show that fiscal policy effects differ...