Showing 1 - 10 of 238,853
Persistent link: https://www.econbiz.de/10011281986
This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over …-an inverted Ushaped relationship between income inequality and economic development-in China and the panel of BRIC+ countries. In … the case of China, the empirical results indicate that government spending and taxation have opposing effects on income …
Persistent link: https://www.econbiz.de/10014412042
China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty …. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the … world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper …
Persistent link: https://www.econbiz.de/10012913934
Fiscal rules are controversial. They mitigate politicians' flexibility in responding to shocks and pursuing expansionary fiscal policy. They help, however, to handle politicians' commitment problem in fiscal policies. I portray the new and fast growing empirical literature in public economics...
Persistent link: https://www.econbiz.de/10014430703
Das erste Jahr der Corona-Pandemie stand in Deutschland im Zeichen extremer Schwankungen der ökonomischen Aktivität und einer massiven Lähmung der Binnenwirtschaft. Insgesamt dürfte das Bruttoinlandsprodukt in diesem Jahr um 3,7% und im kommenden Jahr um 3,9% zunehmen. Die öffentlichen...
Persistent link: https://www.econbiz.de/10012882687
Das erste Jahr der Corona-Pandemie stand in Deutschland im Zeichen extremer Schwankungen der ökonomischen Aktivität und einer massiven Lähmung der Binnenwirtschaft. Der kräftige Erholungsprozess nach dem Ende des Shutdowns im vergangenen Frühjahr kam im Zuge der zweiten Infektionswelle...
Persistent link: https://www.econbiz.de/10012521377
We study a demand-driven growth and distribution model with a public sector, both without and with government debt. Government spending is used to finance the accumulation of public capital and to pay wages to public employees. The interaction between public capital and induced technical change...
Persistent link: https://www.econbiz.de/10011390426
The Tanzanian government has established a goal to transform the country into a middle-income and semi-industrialized state by 2025. To promote this transformation, the government exempted the Value Added Tax on capital commodities in FY 2017-2018 as a way to promote utilization of these...
Persistent link: https://www.econbiz.de/10012868320
Following the Great Recession, many European countries implemented fiscal consolidation policies aimed at reducing government debt. Using three independent data sources and three different empirical approaches, we document a strong positive relationship between higher income inequality and...
Persistent link: https://www.econbiz.de/10012853452
Using data from three household surveys, we review whether growth in Mauritius was inclusive and discuss the incidence of public expenditures and taxes. Generally, Mauritius enjoys an even income distribution and low rates of poverty. Nevertheless, over the 2000s, despite overall progress, the...
Persistent link: https://www.econbiz.de/10013080463