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income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 47 per cent of the shock are …
Persistent link: https://www.econbiz.de/10003989856
Europäischen Union und in den USA in der aktuellen Wirtschaftskrise. Dazu werden zwei Szenarien simuliert: erstens ein … absorbiert werden, verglichen mit 32 % in den USA. Im Fall des Beschäftigungsschocks ist der Unterschied zwischen Europa und den … USA deutlich größer: 48 % in der EU und lediglich 34 % in den USA. Unter der Annahme, dass nur die Nachfrage …
Persistent link: https://www.econbiz.de/10003879733
income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are …
Persistent link: https://www.econbiz.de/10013157746
income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are …
Persistent link: https://www.econbiz.de/10003879344
This paper investigates to what extent the tax and transfer systems in Europe protect households at different income levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi country micro simulation model to analyse how shocks on...
Persistent link: https://www.econbiz.de/10003959997
income shock and 47% of an idiosyncratic unemployment shock in Europe, compared to 32% and 34% in the US. There is large …
Persistent link: https://www.econbiz.de/10008841933
income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are …
Persistent link: https://www.econbiz.de/10013149370
income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are …
Persistent link: https://www.econbiz.de/10003922975
This paper investigates to what extent the tax and transfer systems in Europe protect households at different income levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi country micro simulation model to analyse how shocks on...
Persistent link: https://www.econbiz.de/10013143688
This paper describes recent trends on the effectiveness of stabilisers in the European Union. Using both macro evidence on the cyclical sensitivity of budget deficit to economic activity and micro evidence on the tax and expenditure profiles, we conclude, in agreement with the recent literature,...
Persistent link: https://www.econbiz.de/10013112386