Similar Search Results

The Effects of Countercyclical Fiscal Policy : Firm-Level Evidence from Temporary Consumption Tax Cuts in Turkey

Misch, Florian - 2012

countercyclical measures implemented during the recent global economic crisis, Turkey temporarily lowered consumption taxes on … selected durables. Using data on the change of sales of firms that benefited from this measure and of those that did not over … on the change of firm sales which is consistent with theoretical predictions …

Persistent link: https://www.econbiz.de/10013096210

The effects of countercyclical fiscal policy : firm level evidence from temporary consumption tax cuts in Turkey ; conference paper

Misch, Florian; Seymen, Atılım - 2013

countercyclical measures implemented during the recent global economic crisis, Tur-key temporarily lowered consumption taxes on … unobserved indus-try- and region-specific shocks to address potential endogeneity. Using data on the change of sales of firms … consumption tax cuts on the change of firm sales which is consistent with theoretical predictions. …

Persistent link: https://www.econbiz.de/10010339292

The effects of fiscal stimulus : firm-level evidence from selective temporary consumption tax cuts

Misch, Florian; Seymen, Atılım - In: Oxford economic papers 71 (2019) 4, pp. 1027-1049

Persistent link: https://www.econbiz.de/10012163115

Using a temporary indirect tax cut as a fiscal stimulus : evidence from the UK

Crossley, Thomas F.; Low, Hamish; Sleeman, Cath - 2014

was reversed after only a few months. Despite this early reversal, the cut raised the volume of retail sales by around 1 …% which on its own generates a 0.4% increase in total expenditure. The cut raised retail sales by encouraging consumers to … bring forward their purchases and we find a significant fall in sales after the VAT cut ended. Thus an indirect tax cut …

Persistent link: https://www.econbiz.de/10010381367

On the macroeconomic and fiscal effects of the tax cuts and jobs act

Lieberknecht, Philipp; Wieland, Volker - 2019

There is substantial disagreement about the consequences of the Tax Cuts and Jobs Act (TCJA) of 2017, which constitutes the most extensive tax reform in the United States in more than 30 years. Using a large-scale two-country dynamic general equilibrium model with nominal rigidities, we find...

Persistent link: https://www.econbiz.de/10011989723

On the macroeconomic and fiscal effects of the Tax Cuts and Jobs Act

Lieberknecht, Philipp; Wieland, Volker - 2019

Persistent link: https://www.econbiz.de/10011992385

Short-Term Tax Cuts, Long-Term Stimulus

Cloyne, James; Martinez, Joseba; Mumtaz, Haroon; … - National Bureau of Economic Research - 2022

We study the persistent effects of temporary changes in U.S. federal corporate and personal income tax rates using a narrative identification approach. A corporate income tax cut leads to a sustained increase in GDP and productivity, with peak effects between five and eight years. R&D spending...

Persistent link: https://www.econbiz.de/10013334463

Macroeconomic effects of the anticipation and implementation of tax changes in Germany : evidence from a narrative account

Christofzik, Désirée I.; Fuest, Angela; Jessen, Robin - 2024

This paper quantifies the dynamic macroeconomic effects of tax changes in Germany, allowing for anticipation effects of preannounced tax reforms. Identification is achieved using a narrative approach, which provides information about the timing of tax reforms. An anticipated cut in taxes has a...

Persistent link: https://www.econbiz.de/10015142163

Reforming the labor market and improving competitiveness : an analysis for Spain using FiMod

Schwarzmüller, Tim; Stähler, Nikolai - In: SERIEs : Journal of the Spanish Economic Association 4 (2013) 4, pp. 437-471

This paper uses an extended version of “FiMod—A DSGE Model for Fiscal Policy Simulations” (Stähler and Thomas Econ Model 29:239–261, 2012) with endogenous job destruction decisions by private firms to analyze the effects of several currently discussed labor market reforms on the Spanish...

Persistent link: https://www.econbiz.de/10010223397

FiMod – a DSGE model for fiscal policy simulations

Stähler, Nikolai; Thomas, Carlos - 2011

This paper develops a medium-scale dynamic, stochastic, general equilibrium (DSGE) model for fiscal policy simulations. Relative to existingmodels of this type, our model incorporates a two-country monetary union structure, which makes it well suited to simulate fiscal measures by relatively...

Persistent link: https://www.econbiz.de/10008937391