governments? Using fiscal reaction functions for a panel of the German Länder, this paper finds a positive answer to both …

. Individual Taylor-type reaction functions for the Federal Reserve Districts are estimated using Presidents’ interest rate …

reaction functions. Keywords: spatial tax competition, corporate taxes, fiscal reaction function. JEL Classification: H25, H … "distance to a low tax region" like the NMS afiects countries’ tax reaction functions. Could it be that countries close to a low … provide evidence conflrming the existence of tax competition in Europe. But the evidence suggests that tax reaction functions …

in the pre-1979 period. Applying a standard macro-model, the estimated reaction functions are shown to ensure equilibrium …

in the pre-1979 period. Applying a standard macro-model, the estimated reaction functions are shown to ensure equilibrium …