How globalisation influences social expenditure has been examined for industrialized countries. Globalisation has often been shown to be positively associated with social expenditure in established industrialized countries, a finding that corroborates the compensation hypothesis. Scholars have...

How globalisation influences social expenditure has been examined for industrialized countries. Globalisation has often been shown to be positively associated with social expenditure in established industrialized countries, a finding that corroborates the compensation hypothesis. Scholars have...

Die Coronakrise verlangt gegenwärtig expansive Fiskalpolitik. Diese Strategie ist unbestritten. Deutschland verfügt über die nötigen Spielräume für diese expansive Fiskalpolitik – nicht zuletzt deshalb, weil Fiskalregeln wie die deutsche Schuldenbremse den Grundstein für eine...

Die Studie untersucht den Zusammenhang zwischen Staatsverschuldung, Maßnahmen zur Konsolidierung öffentlicher Haushalte und Wirtschaftswachstum. Ein besonderes Augenmerk liegt auf der Zusammensetzung des öffentlichen Budgets und der damit verbundenen Frage, welche Ausgabenveränderungen sich...

Higher economic growth was generated during Democratic presidencies compared to Republican presidencies in the United States. The question is why. Blinder and Watson (2016) explain that the Democratic-Republican presidential growth gap (D-R growth gap) can hardly be attributed to the policies...

We portray determinants of social expenditure in OECD countries. Many theories have been proposed to describe why social expenditure has increased in industrialized countries. Determinants include globalization, political-?institutional variables such as government ideology and electoral...

We investigate how protectionist policies influence economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. We employ the...