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Optimal Redistributive Capital Taxation in a Neoclassical Growth Model

Lansing, Kevin J. - 1999

This paper provides a counterexample to the simplest version of the redistribution models considered by Judd (1985) in …

Persistent link: https://www.econbiz.de/10014207564

Some macroeconomic consequences of basic income and employment subsidies

Moutos, Thomas; Scarth, William M. - 2003

income redistribution and employment creation. In particular, the introduction of both a guaranteed annual income (basic …

Persistent link: https://www.econbiz.de/10001774180

The scope for progressive tax reform in the OECD countries : a macroeconomic perspective with a case study for Germany

Godar, Sarah; Paetz, Christoph; Truger, Achim - 2015

taxation. Furthermore, from a Keynesian macroeconomic perspective redistribution may even be systematically conducive to growth … and employment. At the same time a change towards such a policy of redistribution may for some economies, particularly the … erhebliche Spielräume für steuerpolitische Umverteilung gibt. Zudem kann Umverteilung aus einer keynesianischen makroökonomischen …

Persistent link: https://www.econbiz.de/10010519198

The dynamic behaviour of budget components and output

Afonso, António; Claeys, Peter - 2007

budget balance in France, Germany, Portugal, and Spain. We try to uncover past trends behind the development of public …

Persistent link: https://www.econbiz.de/10011604821

Fiscal policy rules in practice

Thams, Andreas - 2007

This paper analyzes German and Spanish fiscal policy using simple policy rules. We choose Germany and Spain, as both … and Spain generally exhibit a positive relationship between government revenues and debt. Using Markov …

Persistent link: https://www.econbiz.de/10010263682

Revisiting the Latvian and Greek financial crises : the benefits of front-loading Fiscal adjustment

Åslund, Anders - 2015

This paper discusses why Greece has done so poorly in comparison with all other European Union countries since the onslaught of the global financial crisis in 2008. To show what was wrong with its fiscal adjustment, this paper compares Greece with the other European Union country that was hit be...

Persistent link: https://www.econbiz.de/10010530650

Fiscal dominance and inflation : evidence from Nigerian and South African's experiences

Sanusi, Kazeem Abimbola - In: Cogent economics & finance 8 (2020) 1, pp. 1-17

This study attempted to estimate degree of fiscal dominance by econometrically analysing degree of fiscal and monetary policies interdependence in Nigeria and South Africa. This is done to define the extent at which fiscal authority actions confine the monetary policy actions. The empirical...

Persistent link: https://www.econbiz.de/10013179554

What is the nature of the dynamics between government spending and aggregate output in the nordic countries?

Senekovič, Marko - In: Naše gospodarstvo : NG 68 (2022) 1, pp. 1-13

The main aim of this paper is to examine the relationship between government consumption and aggregate output in five Nordic countries in two different scenarios: first, in periods when government consumption increases and, second, in periods when government consumption decreases. Therefore, the...

Persistent link: https://www.econbiz.de/10013184336

Linkages between fiscal policy and financial (in)stability

Dumičić, Mirna - In: Journal of central banking theory and practice 8 (2019) 1, pp. 97-109

This paper identifies and describes some of the main channels through which fiscal policy is linked to financial stability. For that purpose, several features of public debt related to financial stability are explored, such as public debt management and its sustainability, government’s funding...

Persistent link: https://www.econbiz.de/10011965211

Is there asymmetry in the relationship between government consumption dynamics and economic activity? : evidence from G7 economies

Senekovič, Marko - In: Naše gospodarstvo : NG 67 (2021) 4, pp. 1-12

In this paper, based on a quarterly dataset of G7 countries with the application of a nonlinear ARDL model we test for the presence of a short-run and long-term asymmetry in the relationship between government spending and economic activity. The main aim of this study is to analyze the...

Persistent link: https://www.econbiz.de/10012887168