Showing 1 - 10 of 242
Diese Dissertation besteht aus drei Aufsätzen, welche die Effekte von Geld- und Fiskalpolitiken für die Makroökonomie untersuchen. Der erste Aufsatz analysiert, wie das Verhalten der Inflation nach z.B. geldpolitischen Veränderungen erklärt werden kann. Mankiw und Reis (2002) propagieren...
Persistent link: https://www.econbiz.de/10009466995
companies. We identify that over the four-year period from 2000 to 2003 the frequencies of both accrued benefits deficits and … vested benefits deficits increased sharply after 2001. Coinciding with the increased incidence of deficits, the time lag in … the market prices vested benefits surpluses and deficits, and accrued benefits deficits, but not accrued benefits …
Persistent link: https://www.econbiz.de/10009483421
This paper investigates the determinants of fiscal decentralisation, focusing in particular on the impact of the level of income on the level of fiscal decentralisation. Various measures of fiscal decentralisation, several of them novel in this context, are employed in a cross-country...
Persistent link: https://www.econbiz.de/10009448196
Given the substantial deficits in economic activity, infrastructure and human capital identified by the ICCP/COAG trial …
Persistent link: https://www.econbiz.de/10009451720
is no effect on budget deficits. These findings can be explained by a model in which direct democracy allows voters to …
Persistent link: https://www.econbiz.de/10012530547
that in this geographical-economical area, the Ricardian approach to deficits does not hold as a valid macroeconomic theory. …In the current times, the issue of the deficits became very problematic for the economists, as well as for the … test the Ricardian approach to deficits in several countries from Central and Eastern Europe. The analyzed countries are …
Persistent link: https://www.econbiz.de/10011319139
that in this geographical-economical area, the Ricardian approach to deficits does not hold as a valid macroeconomic theory. …In the current times, the issue of the deficits became very problematic for the economists, as well as for the … test the Ricardian approach to deficits in several countries from Central and Eastern Europe. The analyzed countries are …
Persistent link: https://www.econbiz.de/10015336646
We consider misconceptions about the functioning of the economy as one possible explanation for the emergence of crises in democracies. Furthermore, we study a political process which may lead to successful reform. First of all, we show that voters can make inefficient decisions concerning...
Persistent link: https://www.econbiz.de/10009476265
Persistent link: https://www.econbiz.de/10009449712
Despite the federal structure of its constitution, no empirical study of fiscal illusion at the level of state expenditure has yet been undertaken in Australia. This paper seeks to go at least some way towards remedying the omission by subjecting the revenue-complexity, revenue-elasticity and...
Persistent link: https://www.econbiz.de/10009437489