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The Swedish fiscal policy council : watchdog with a broad remit
Calmfors, Lars - 2012
The Swedish Fiscal Policy Council (FPC) set up in 2007 is one example of the recent international trend to create independent fiscal watchdogs. The FPC has established itself as an important participant in the Swedish economic policy discussion. The FPC has small resources and a broad remit...
Persistent link: https://www.econbiz.de/10009488889
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What should fiscal councils do?
Calmfors, Lars; Wren-Lewis, Simon - 2011
The paper analyses theoretically what role fiscal councils could play and surveys empirically the activities of existing councils. Case studies of the Swedish Fiscal Policy Council and the UK Office for Budget Responsibility are done. It is concluded that fiscal councils should be advisory,...
Persistent link: https://www.econbiz.de/10009011182
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The role of independent fiscal policy institutions
Kunze, Lars - 2011
The paper analyses how independent fiscal watchdogs (fiscal policy councils) can strengthen the incentives for fiscal discipline. By increasing fiscal transparency they can raise the awareness of the long-run costs of current deficits and increase the reputational costs for governments of...
Persistent link: https://www.econbiz.de/10009011359
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Signaling versus costly information acquisition
Bester, Helmut; Lang, Matthias; Li, Jianpei - 2018
' productivities from their education choices. In reality, firms also use sophisticated pre-employment auditing to learn workers …
Persistent link: https://www.econbiz.de/10011888619
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Fiscal rules and composition bias in OECD countries
Dahan, Momi; Strawczynski, Michel - 2010
public investment. It is shown that the compositional shift against social transfers is beyond "from welfare to work …
Persistent link: https://www.econbiz.de/10003975574
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Norms of corruption in politicians‘ malfeasance
Bobonis, Gustavo J.; Kessler, Anke S.; Zhao, Xin - 2025
To what extent can anti-corruption measures serve to limit patronage and corrupt networks effectively and sustainably in clientelist societies with a prevailing norm of corruption? We develop a political agency model in which office holders are motivated to reduce rent seeking behavior through...
Persistent link: https://www.econbiz.de/10015326192
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Prices vs. quantities with endogenous cost structure
Storrøsten, Halvor Briseid - 2014
significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …
Persistent link: https://www.econbiz.de/10010238324
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Tax incentives and business investment : evidence from German bonus depreciation
Eichfelder, Sebastian; Schneider, Kerstin - 2014
business investment. To promote economic convergence of Eastern and Western Germany after reunification, bonus depreciation tax … control group, we address the question if and to what extent these investment tax incentives boosted investment. In line with … were cut back in 1997. Moreover, there was a significant reduction in building investment in the year after the expiration …
Persistent link: https://www.econbiz.de/10010354738
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International capital markets, oil producers and the green paradox
Meijden, Gerard van der; Ploeg, Frederick van der; … - 2014
-period world with identical homothetic preferences and without investment, the global interest rate falls and the Green Paradox … weakens. With investment or a relatively more impatient oil-importing region, the Green Paradox may be strengthened because …
Persistent link: https://www.econbiz.de/10010412300
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Abusive transfer pricing and economic activity
Nielsen, Søren Bo; Schindler, Dirk; Schjelderup, Guttorm - 2014
We demonstrate that the choice of the transfer price and its effect on intra-firm trade and investment depends on the …
Persistent link: https://www.econbiz.de/10010412351