Search Results - subject:"Reaction functions"

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Interactions between monetary and fiscal policies

Afonso, António; Alves, José; Balhote, Raquel - 2019

both respective authorities and assess how economic and institutional events influence each authority's reaction functions …

Persistent link: https://www.econbiz.de/10012157298

The estimation of reaction functions under tax competition

Miniaci, Raffaele; Panteghini, Paolo; Rivolta, Giulia - In: German economic review : GER 23 (2022) 2, pp. 301-339

Persistent link: https://www.econbiz.de/10013188633

Parameter heterogeneity, persistence and cross-sectional dependence: New insights on fiscal policy reaction functions for the Euro area

Golinelli, Roberto; Mammi, Irene; Musolesi, Antonio - 2018

A number of novelties have emerged in the study of the discretionary fiscal policy within the Euro area during the last decade. Among the others, the availability of up-to-date information on fiscal indicators for the years following the Great Recession, the introduction of cutting-edge...

Persistent link: https://www.econbiz.de/10011819016

Public Expenditure Spillovers: An Explanation for Heterogeneous Tax Reaction Functions

Levaggi, Rosella; Panteghini, Paolo - 2018

This article provides a possible explanation for the heterogeneity of tax reaction functions under tax competition. In … implications in that they explain the lack of tax convergence among jurisdictions. In particular, if at least some tax reaction … functions have a negative slope, there are no symmetric equilibria, and the well-known tax-cut-cum-base-base-broadening policy …

Persistent link: https://www.econbiz.de/10011932040

Public expenditure spillovers : an explanation for heterogeneous tax reaction functions

Levaggi, Rosella; Panteghini, Paolo - 2018

Persistent link: https://www.econbiz.de/10011922172

A time-varying fiscal reaction function for Brazil

Campos, Eduardo Lima; Cysne, Rubens Penha - 2018

Persistent link: https://www.econbiz.de/10011898530

Parameter heterogeneity, persistence and cross-sectional dependence : new insights on fiscal policy reaction functions for the Euro area

Golinelli, Roberto; Mammi, Irene; Musolesi, Antonio - 2018 - This version: March 31st, 2018

Persistent link: https://www.econbiz.de/10011813607

Monetary policy when the zero lower bound is within reach : a smooth transition regression approach

Steiner, Andreas - In: Macroeconomic dynamics 25 (2021) 1, pp. 201-212

Persistent link: https://www.econbiz.de/10012437232

Determinants of fiscal effort in sub-Saharan African countries : does conflict matter?

Okwoche, Princewill U.; Iheonu, Chimere Okechukwu - In: Economics and business review 7/21 (2021) 2, pp. 50-73

Persistent link: https://www.econbiz.de/10012613357

Public debt sustainability in Serbia : evidence from transition and the Great Recession

Andric, Vladimir; Arsic, Milojko; Nojkovic, Aleksandra - 2016

We analyze public debt sustainability in Serbia between 2004Q3 and 2014Q3. The results of our analysis are: i) public debt to GDP ratio is on unsustainable path, according to the results of unit root tests; ii) the response of primary fiscal balance to public debt accumulation is insufficient to...

Persistent link: https://www.econbiz.de/10011427576