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Anticipated tax reforms and temporary tax cuts: a general equilibrium analysis
Strulik, Holger; Trimborn, Timo - 2008
dynamics of important variables like firm value, dividend payout, and investment differs qualitatively depending on whether the …
Persistent link: https://www.econbiz.de/10010264950
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Anticipated Tax Reforms and Temporary Tax Cuts: A General Equilibrium Analysis
Strulik, Holger; Trimborn, Timo - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2008
dynamics of important variables like firm value, dividend payout, and investment differs qualitatively depending on whether the …
Persistent link: https://www.econbiz.de/10005405312
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Fiscal stimulus : a neoclassical perspective
Strulik, Holger; Trimborn, Timo - 2009
Can a large-scale defcit spending program speed up recovery after recession? To answer that question we calibrate a standard neoclassical growth model with US data and assume that an exogenous shock has driven aggregate output far below steady-state level. We calibrate the model such that a...
Persistent link: https://www.econbiz.de/10003857658
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Anticipated tax reforms and temporary tax cuts : a general equilibrium analysis
Strulik, Holger (contributor); Trimborn, Timo (contributor) - 2008
dynamics of important variables like firm value, dividend payout, and investment differs qualitatively depending on whether the … interpretation of the produced results. -- Tax reform ; anticipation effects ; investment ; economic growth ; welfare ; corporate …
Persistent link: https://www.econbiz.de/10003748089
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Anticipated Tax Reforms and Temporary Tax Cuts : A General Equilibrium Analysis
Trimborn, Timo - 2008
dynamics of important variables like firm value, dividend payout, and investment differs qualitatively depending on whether the …
Persistent link: https://www.econbiz.de/10012723272
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Implementing the Golden Rule for Public Investment in Europe: Safeguarding Public Investment and Supporting the Recovery
Truger, Achim - WWWforEurope - 2015
constraints of the SGP has driven many member states into austerity. In contrast, the golden rule of public investment proposed in … public finance and would allow financing net public investment by government deficits thus promoting intergenerational … fairness as well as economic growth. A pragmatic version focusing on net public investment as defined in the national accounts …
Persistent link: https://www.econbiz.de/10011228299
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Macroeconomic co-ordination as an economic policy concept : opportunities and obstacles in the EMU
Truger, Achim; Hein, Eckhard - Wirtschafts- und Sozialwissenschaftliches Institut, … - 2004
This paper traces the euro zone?s inadequate macroeconomic performance in recent years back to the predominance of a restrictive macroeconomic policy mix based on a ?new monetarist? approach to economic policy. An approach based on a (post-)Keynesian analysis is presented as a growth and...
Persistent link: https://www.econbiz.de/10009327899
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European Monetary Union: Nominal convergence, real divergence and slow growth? An investigation into the effects of changing macroeconomic policy institutions associated with monet...
Hein, Eckhard; Truger, Achim - Wirtschafts- und Sozialwissenschaftliches Institut, … - 2002
It is by now widely accepted that the structural characteristics of the countries to become the euro area did not adhere to the conditions of an optimum currency area (OCA) when the euro was introduced in 1999. However, the satisfaction of OCA criteria may not be required for a workable currency...
Persistent link: https://www.econbiz.de/10009327917
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"Fiscal Policy and Rebalancing in the Euro Area: A Critique of the German Debt Brake from a Post-Keynesian Perspective"
Hein, Eckhard; Truger, Achim - Levy Economics Institute - 2013
and/or investment and savings behavior in Germany. …
Persistent link: https://www.econbiz.de/10010697208
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Austerity in the euro area: the sad state of economic policy in Germany and the EU
Truger, Achim - In: European Journal of Economics and Economic Policies: … 10 (2013) 2, pp. 158-174
The euro area is currently going through its worst period of recession and economic stagnation since the Great Depression and World War II. The article tries to give an impression of the extraordinary degree of fiscal austerity and the devastating economic effects it has already had and must be...
Persistent link: https://www.econbiz.de/10010701878