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Non-linear effects of fiscal policy in Germany : a Markov-switching approach
Höppner, Florian; Wesche, Katrin - 2000 - This version: July 2000
Keynesian theory suggests that a reduction in government expenditure has a negative effect on private demand and therefore on output. Contrary, neoclassical theory argues that reduced public expenditure makes room for an expansion of the private sector and thus has a stimulating effect on the...
Persistent link: https://www.econbiz.de/10011540071
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European public finances and the Great Recession : France, Germany, Ireland, Italy, Spain and the United Kingdom compared
Bozio, Antoine; Emmerson, Carl; Peichl, Andreas; … - In: Fiscal studies : the journal of the Institute for … 36 (2015) 4, pp. 405-430
Persistent link: https://www.econbiz.de/10011413450
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Do expectations matter? : reassessing the effect of government spending on key macroeconomic variables in Germany
Gründler, Klaus; Sauerhammer, Sarah - 2016
This paper investigates the effects of government spending on key macroeconomic variables in Germany. It contributes to … for Germany by pointing to a rather positive effect of government spending on GDP. …
Persistent link: https://www.econbiz.de/10011525541
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Do expectations matter? : reassessing the effects of government spending on key macroeconomic variables in Germany
Gründler, Klaus; Sauerhammer, Sarah - In: Applied economics letters 25 (2018) 15, pp. 1045-1050
Persistent link: https://www.econbiz.de/10012131693
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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 … present-value multipliers for distinct fiscal instruments, and to assess how discretionary fiscal policy in Germany and the …-on-quarter GDP growth substantially, both in Germany and in the rest of the Euro Area. The main drivers of GDP growth in Europe …
Persistent link: https://www.econbiz.de/10010516561
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German labor market and fiscal reforms 1999 to 2008 : can they be blamed for intra-Euro Area imbalances?
Gadatsch, Niklas; Stähler, Nikolai; Weigert, Benjamin - 2014
In this paper,we assess the impact ofmajor German structural reforms from1999 to 2008 on key macroeconomic variables within a two-country monetary union DSGE model. Bymany, these reforms, especially the Hartz reforms on the labormarket, are considered to be the root of thereafter observed...
Persistent link: https://www.econbiz.de/10010429216
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Staatsverschuldung aus Bürgersicht : ein Forschungsüberblick
Mause, Karsten - In: Vierteljahrshefte zur Wirtschaftsforschung 88 (2019) 4, pp. 39-49
Aufgrund der seit langem geführten Debatte um das Für und Wider der Nutzung des Politikinstruments der Staatsverschuldung wissen wir recht viel darüber, was Experten (z. B. Finanzpolitiker/‌-‍wissenschaftler) von Haushaltskonsolidierung, Deficit-Spending oder Verschuldungsgrenzen halten....
Persistent link: https://www.econbiz.de/10012155253
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Tax cuts starve the beast! : evidence from Germany
Fuest, Clemens; Neumeier, Florian; Stöhlker, Daniel - 2019
The 'starving the beast' hypothesis claims that tax cuts lead to lower public spending, rather than higher debt levels and higher taxes in the future. This paper uses the institutional setting of German fiscal federalism to its advantage in order to explore how fiscal policy reacts to exogenous...
Persistent link: https://www.econbiz.de/10012157329
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Macroeconomic effects of public-sector unions
Vasilev, Aleksandar - 2015
-unionized public sector, namely Germany during the period 1970-2007. The union model is an improvement over a model with exogenous …
Persistent link: https://www.econbiz.de/10011518448
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Macroeconomic effects of public-sector unions
Vasilev, Aleksandar - 2015
-unionized public sector, namely Germany during the period 1970-2007. The union model is an improvement over a model with exogenous …
Persistent link: https://www.econbiz.de/10011514579