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Automatic Fiscal Stabilisers in EMU: A Conflict between Efficiency and Stabilisation?

Buti, Marco; Martínez Mongay, Carlos; Sekkat, Khalid - In: CESifo economic studies : CESifo, a joint initiative of … 49 (2003) 1, pp. 123-140

It is often claimed that tax and welfare reforms that aim at enhancing efficiency may come at the cost of cyclical stabilisation. Reducing the generosity of welfare systems and lowering taxes may boost efficiency and output, and improve market adjustment to shocks. But, by reducing the size of...

Persistent link: https://www.econbiz.de/10001747428

Macroeconomic policy and structural reform : a conflict between stabilisation and flexibility?

Buti, Marco; Martínez Mongay, Carlos; Sekkat, Khalid; … - In: Monetary and fiscal policies in EMU : interactions and …, (pp. 187-210). 2003

Persistent link: https://www.econbiz.de/10001865049

Automatic Stabilisers and Market Flexibility in EMU : Is There A Trade-Off?

Buti, Marco; Martínez Mongay, Carlos; Sekkat, Khalid; … - 2002

Persistent link: https://www.econbiz.de/10012446777

Automatic stabilisers and market flexibility in EMU : is there a trade-off?

Buti, Marco; Martínez Mongay, Carlos; Sekkat, Khalid; … - 2002

Persistent link: https://www.econbiz.de/10013426969

Fiscal policy in EMU : rules, discretion and political incentives

Buti, Marco; Noord, Paul Joseph van den - 2004

Persistent link: https://www.econbiz.de/10002136658

Progressive Taxation, Macroeconomic Stabilization and efficiency in Europe

Martinez-Mongay, Carlos; Sekkat, Khalid - Directorate-General Economic and Financial Affairs, … - 2005

The paper contributes to the debate on the stability/efficiency tradeoff of automatic stabilizers. A simple AD-AS two-country model is presented and illustrates circumstances where a reduction in taxes can foster stabilization. The testable implication from the model is that tax cuts can either...

Persistent link: https://www.econbiz.de/10008595796

Tax and welfare reforms : stabilisation and incentives effects

Buti, Marco; Noord, Paul Joseph van den - In: Tax policy : papers presented at the Bank of Italy …, (pp. 199-218). 2004

Persistent link: https://www.econbiz.de/10002200034

What is the impact of fax and welfare reforms on fiscal stabilizers? : A simple model and application to EMU

Buti, Marco; Noord, Paul Joseph van den - In: Monetary policy and unemployment : the US, Euro-area, …, (pp. 252-271). 2005

Persistent link: https://www.econbiz.de/10002688756

Fiscal policy in EMU : rules, discretion and political incentives

Buti, Marco; Noord, Paul Joseph van den - In: Moneda y crédito : revista de economía (2004) 218, pp. 265-319

Persistent link: https://www.econbiz.de/10002441428

Fiscal discretion and elections in the early years of EMU

Buti, Marco; Noord, Paul Joseph van den - In: Journal of common market studies : JCMS 42 (2004) 4, pp. 737 - 756

Persistent link: https://www.econbiz.de/10015106315