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This paper analyzes the growth and employment effects of dynamic fiscal policies in an overlapping generations model with endogenous growth and imperfect labour markets. With balanced-budget policies, the modelled closed economy grows at a constant rate which is the higher, the lower are the...
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A new era of fiscal rules -- Economic analysis of fiscal rules -- Case studies : fiscal rules in Switzerland and Sweden -- Fiscal rules in the U.S -- Should the U.S. go Swiss? -- Designing a new fiscal rule for the U.S. -- Toward a new budget process -- The political economy of new fiscal rules
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The ‘Troika’ is a word that is scorched into the narrative of the EU’s banking and economic crisis - a triumvirate constituted by the European Central Bank, the European Commission and the International Monetary Fund. The modus operandi of the Troika is defined by the authors of this book...
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"If governments followed the optimal fiscal policy path, surpluses in good times would counter necessary deficits during economic downturns, leading to worldwide balance. The world, however, has chosen to go in a different direction in recent decades, avoiding thrift in light of a decidedly more...
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Vom Schuldenmachen zum Sparen -- Grundzüge einer Soziologie des Sparens -- Zehn Beispiele auf Basis der Systemtheorie … -- Kommunikative Vernunft als Leitfaden zum guten Sparen. …Die Autoren beschreiben in diesem Essential anhand von Beispielen Schwierigkeiten, die beim Sparen auftreten. Auf Basis …
Persistent link: https://www.econbiz.de/10014018039