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You are looking at 1-14 of 14 items for:

Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook x Fiscal Policies and Behaviour of Economic Agents x clear all

Austerity versus stimulus: the polarizing effect of fiscal policy

Richard McManus.

in Oxford Economic Papers

July 2015; p ublished online March 2015 .

Journal Article. Subjects: Fiscal Policies and Behaviour of Economic Agents; Prices, Business Fluctuations, and Cycles; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 7512 words.

Through constructing a new Keynesian DSGE model with heterogeneous agents, this article investigates both the aggregate and distributional consequences of fiscal policy. Polarized...

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Fertility, income inequality, and labour productivity

Ross Guest and Robyn Swift.

in Oxford Economic Papers

October 2008; p ublished online February 2008 .

Journal Article. Subjects: Multiple or Simultaneous Equation Models; Multiple Variables; Fiscal Policies and Behaviour of Economic Agents; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Economic Growth and Aggregate Productivity. 7222 words.

There is mounting evidence of a complex system of multi-directional links between fertility, productivity and inequality. The contribution of this study is a multi-country analysis of these...

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Fiscal policies enhancing growth in Europe: does one size fit all?

Carine Bouthevillain and Gilles Dufrénot.

in Oxford Economic Papers

October 2016; p ublished online June 2016 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Fiscal Policies and Behaviour of Economic Agents. 9036 words.

This paper provides evidence of various reactions of growth rates to changes in the composition of taxes and public spending in Europe. We use a quantile estimator to allow different slopes...

Fiscal Policy in an Unemployment Crisis

Pontus Rendahl.

in The Review of Economic Studies

July 2016; p ublished online February 2016 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Prices, Business Fluctuations, and Cycles; Mobility, Unemployment, and Vacancies; Fiscal Policies and Behaviour of Economic Agents. 15535 words.

This article shows that equilibrium unemployment dynamics can significantly increase the efficacy of fiscal policy. In response to a shock that brings the economy into a liquidity trap, an...

Housing Market Responses to Transaction Taxes: Evidence From Notches and Stimulus in the U.K.

Michael Carlos Best and Henrik Jacobsen Kleven.

in The Review of Economic Studies

January 2018; p ublished online June 2017 .

Journal Article. Subjects: Taxation, Subsidies, and Revenue; Fiscal Policies and Behaviour of Economic Agents; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 19726 words.

Abstract

We investigate housing market responses to transaction taxes using administrative data on all property transactions in the U.K. from 2004 to 2012...

Intertemporal Distortions in the Second Best

Stefania Albanesi and Roc Armenter.

in The Review of Economic Studies

October 2012; p ublished online February 2012 .

Journal Article. Subjects: Fiscal Policies and Behaviour of Economic Agents; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Taxation, Subsidies, and Revenue. 17069 words.

This paper studies the long-run properties of intertemporal distortions in a broad class of second-best economies. Our unified framework encompasses and extends many well-known models, such...

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Macroeconomic Effects From Government Purchases and Taxes

Robert J. Barro and Charles J. Redlick.

in The Quarterly Journal of Economics

February 2011; p ublished online February 2011 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; National Government Expenditures and Related Policies; Fiscal Policies and Behaviour of Economic Agents; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Taxation, Subsidies, and Revenue. 17845 words.

For U.S. annual data that include World War II, the estimated multiplier for temporary defense spending is 0.4–0.5 contemporaneously and 0.6–0.7 over 2 years. If the change in defense...

The macroeconomic effects of legislated tax changes in Germany

Bernd Hayo and Matthias Uhl.

in Oxford Economic Papers

April 2014; p ublished online April 2013 .

Journal Article. Subjects: Fiscal Policies and Behaviour of Economic Agents; Tax Law; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 8178 words.

This paper studies the short-term macroeconomic effects of legislated tax changes in Germany using a five-variable vector autoregression (VAR) framework. Identification of the tax shock...

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Marginal Tax Rates and Income: New Time Series Evidence

Karel Mertens and José Luis Montiel Olea.

in The Quarterly Journal of Economics

November 2018; p ublished online February 2018 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Taxation, Subsidies, and Revenue; Fiscal Policies and Behaviour of Economic Agents. 29919 words.

Abstract

Using new narrative measures of exogenous variation in marginal tax rates associated with postwar tax reforms in the United States, this study...

A Tale of Cyclicality, Aid Flows and Debt: Government Spending in Sub-Saharan Africa

Victor D. Lledó, Irene Yackovlev and Lucie Gadenne.

in Journal of African Economies

November 2011; p ublished online June 2011 .

Journal Article. Subjects: Economywide Country Studies; Fiscal Policies and Behaviour of Economic Agents; Prices, Business Fluctuations, and Cycles; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 7872 words.

This paper documents cyclical patterns of government expenditures in Sub-Saharan Africa since 1970 and explains variation between countries and over time. Controlling for endogeneity and...

Tax and Expenditure Reforms in Africa: An Overview

Ramos E. Mabugu and Witness Simbanegavi.

in Journal of African Economies

March 2015; p ublished online February 2015 .

Journal Article. Subjects: Economic Development; Fiscal Policies and Behaviour of Economic Agents; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling; Taxation, Subsidies, and Revenue. 6605 words.

Taxation is recognised as being able to affect economic growth, poverty and inequality. In Africa, taxation is an instrument that can be used to promote development. Like other countries,...

Taxation and Household Labour Supply

Nezih Guner, Remzi Kaygusuz and Gustavo Ventura.

in The Review of Economic Studies

July 2012; p ublished online December 2011 .

Journal Article. Subjects: Demand and Supply of Labour; Demographic Economics; Fiscal Policies and Behaviour of Economic Agents; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 18130 words.

We evaluate reforms to the U.S. tax system in a life cycle set-up with heterogeneous married and single households and with an operative extensive margin in labour supply. We restrict our...

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Taxation and Labour Supply of Married Couples across Countries: A Macroeconomic Analysis

Alexander Bick and Nicola Fuchs-Schündeln.

in The Review of Economic Studies

July 2018; p ublished online October 2017 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Taxation, Subsidies, and Revenue; Fiscal Policies and Behaviour of Economic Agents; Demographic Economics; Demand and Supply of Labour. 19064 words.

Abstract

We document contemporaneous differences in the aggregate labour supply of married couples across seventeen European countries and the U.S. Based on a...

What fiscal policy is most effective? A meta-regression analysis

Sebastian Gechert.

in Oxford Economic Papers

July 2015; p ublished online March 2015 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Fiscal Policies and Behaviour of Economic Agents; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 11758 words.

I apply a meta-regression analysis to a unique data set of 104 studies on multiplier effects to derive stylized facts and quantify the differing effectiveness of the composition of fiscal...

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