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Does census hiring stimulate jobs growth?

Furth, Salim - In: IZA journal of labor policy 10 (2020) 1/5, pp. 1-21

Governments perform national, labor-intensive censuses on a regular schedule. Censuses represent many of the largest peacetime expansions and contractions in federal hiring. The predetermined occurrence and scale of the census offers an economic experiment in the effects of temporary government...

Persistent link: https://www.econbiz.de/10012294936

Analyzing fiscal sustainability

Bi, Huixin; Leeper, Eric M. - 2013

The authors study the implications of fiscal policy behaviour for sovereign risk in a framework that determines a country's fiscal limit, the point at which, for economic or political reasons, taxes and spending can no longer adjust to stabilize debt. A real business cycle model maps the...

Persistent link: https://www.econbiz.de/10009783106

Temporary VAT reduction during the lockdown : evidence from Germany

Clemens, Marius; Röger, Werner - 2021

This paper evaluates the temporary VAT reduction invoked by the German government over the third and fourth quarter of 2020 as part of the COVID-19 stimulus package. There is considerable controversy. Critics argue that VAT reductions are ineffective in the presence of lockdown measures in place...

Persistent link: https://www.econbiz.de/10013341661

Temporary VAT reduction during the lockdown

Clemens, Marius; Röger, Werner - 2021 - This (updated) version: May 2022

This paper evaluates the temporary VAT reduction introduced by the German government over the 3Q2020:4Q2020 as a controversial part of the COVID-19 stimulus package. Critics argue that VAT reductions are ineffective because of limited pass-through to consumer prices and during lockdown....

Persistent link: https://www.econbiz.de/10013198950

Temporary VAT reduction during the lockdown

Clemens, Marius; Röger, Werner - 2021

This paper evaluates the temporary VAT reduction introduced by the German government over the third and fourth quarter of 2020 as most controversial part of the COVID-19 stimulus package. Critics argue that VAT reductions are ineffective because of limited pass-through of temporary measures to...

Persistent link: https://www.econbiz.de/10012510323

Does austerity pay off? : conference paper

Born, Benjamin; Müller, Gernot J.; Pfeifer, Johannes - 2014

Austerity measures are frequently enacted when the sustainability of public finances is in doubt. Such doubts are reflected in high sovereign yield spreads and put further strain on government finances. Is austerity successful in restoring market confidence, bringing about a reduction in yield...

Persistent link: https://www.econbiz.de/10010481328

Playing with Fire : Internal Devaluation for the GIPSI Countries

Peon, David - 2013

European authorities are encouraging internal devaluation by GIPSI countries in order to improve their competitiveness and reduce current account deficits. However, this option introduces an additional source of risk, as it may generate deflation, making fiscal consolidation for this countries...

Persistent link: https://www.econbiz.de/10013088628

Alternatives to Fiscal Austerity in Spain

Weisbrot, Mark; Montecino, Juan Antonio - Center for Economic and Policy Research (CEPR) - 2010

This paper looks at the planned austerity measures in Spain, the rationale for the spending cuts and tax increases …

Persistent link: https://www.econbiz.de/10008560250

Mistakes in the Fiscal Policy in Spain before the Crisis

Ferreiro, Jesús; Gómez, Carmen; Serrano, Felipe - In: Panoeconomicus 60 (2013) 5, pp. 577-592

The paper analyses the mistakes made in the management of the fiscal policy in Spain before the crisis. The authors …, are key elements to understand the depth and length of the economic crisis and the current high fiscal imbalances in Spain. …

Persistent link: https://www.econbiz.de/10011134492

What Happens to Interregional Redistribution as Decentralisation Goes on? Evidence from the Italian NHS

Ferrario, Caterina - 2009

competencies to sub-national governments may affect the degree of interregional redistribution accomplished by the public sector …. We do this by focusing on a specific case, that of the National Health Service (NHS) IN Italy. We estimate redistribution … differences in regional per-capita GDP by about 7% of GDP. This effect amounts to approximately 16% of redistribution by the total …

Persistent link: https://www.econbiz.de/10013155082