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Automatic stabilisers and economic crisis : US vs Europe

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2010

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

Wie wirken die automatischen Stabilisatoren in der Wirtschaftskrise? : Deutschland im Vergleich mit der EU und den USA

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2009

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

Wie wirken die automatischen Stabilisatoren in der Wirtschaftskrise? : Deutschland im Vergleich zu anderen EU-Staaten und den USA

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - In: Perspektiven der Wirtschaftspolitik : eine Zeitschrift … 11 (2010) 2, pp. 132-145

Persistent link: https://www.econbiz.de/10003980290

Great recession, slow recovery and muted fiscal policies in the US

Albonico, Alice; Tirelli, Patrizio; Paccagnini, Alessia - 2016

subsequent recovery in the US. The Great Recession was mainly caused by a large demand shock and by the ZLB on the interest rate …

Persistent link: https://www.econbiz.de/10011434680

Spending effects of child-related fiscal transfers

Goldfayn-Frank, Olga; Lewis, Vivien; Wehrhöfer, Nils - 2022

As part of Germany’s fiscal response to the Covid-19 pandemic, parents received three payments totalling e450 per child. Randomization in the payment dates and daily scanner data allow us to identify the effects of these transfers on household spending. We find a significant but small spending...

Persistent link: https://www.econbiz.de/10013268076

Business cycle accounting for the German fiscal stimulus program during the Great Recession

Fehrle, Daniel; Huber, Johannes - 2020

We take the neoclassical perspective and apply the business cycle accounting method as proposed by Chari, Kehoe, and McGrattan (2007, Econometrica) for the Great Recession and the associated stimulus program in Germany 2008-2009. We include wedges to the variables government consumption,...

Persistent link: https://www.econbiz.de/10012236598

Business cycle accounting for the German fiscal stimulus program during the Great Recession

Fehrle, Daniel; Huber, Johannes A. - 2020

Persistent link: https://www.econbiz.de/10012253072

German and the rest of euro area fiscal policy during the crisis

Gadatsch, Niklas; Hauzenberger, Klemens; Stähler, Nikolai - 2015

We present the estimated large-scale three-region DSGE model GEAR picturing Germany, the Euro Area and the Rest of the world. Compared to existing models of this type, GEAR incorporates a comprehensive fiscal block, involuntary unemployment and a complex international structure. We use the model...

Persistent link: https://www.econbiz.de/10010516561

German and the Rest of Euro Area Fiscal Policy During the Crisis

Gadatsch, Niklas - 2016

Persistent link: https://www.econbiz.de/10012988698

Inequality in EU crisis countries : how effective were automatic stabilisers?

Callan, Tim; Doorley, Karina; Savage, Michael - 2018

The Great Recession and the widespread adoption of fiscal austerity policies have heightened concern about inequality and how well tax-benefit systems redistribute. We examine how the distribution of income in the EU countries which were hardest hit during the recession evolved over this time....

Persistent link: https://www.econbiz.de/10011864980