We present a macroprudential stress testing framework. While traditional stress testing assesses the level of banks' capital adequacy relative to regulatory requirements through a hypothetical crisis, macroprudential stress testing assesses macroeconomic consequences of the impact of banks'...

Consumption taxes are a pivotal yet largely unaddressed policy tool that shape the income distribution and potentially thwart the redistributive goals of social policy. Previous research showed how consumption taxes can elevate inequality and poverty on the macro level. However, different...

In diesem Beitrag geht es um die Frage, ob das Trägerschaftsmodell der Regionalplanung einen Einfluss einerseits auf die Regulierungsintensität der Regionalpläne, andererseits auf die regionale Siedlungsentwicklung hat. Dazu werden sieben Hypothesen formuliert. Auf der Grundlage einer...

Using a highly stylized dynamic microsimulation model, we project the labor force of the United States up to the year 2060 and contrast these projections with projections for Germany to assess differential effects on outcomes The projections are consistent with the U S Census Bureau's and...

In 2016, the Irish minimum wage increased from €8.65 to €9.15 per hour. A new ESRI study, funded by the Low Pay Commission, found that the 2016 minimum wage increase led to higher labour costs among firms with more than half of their employees on the minimum wage. However, these types of...