Showing 1 - 10 of 40,987
Declining inflation rates might have negative consequences for tax revenues. Phenomena like the inflationary bracket … lay the theoretical base followed by a descriptive view on the relation between inflation, growth and tax revenues in the … reveal that an end of inflation would have a negative impact on tax revenues for a number of OECD countries. The results also …
Persistent link: https://www.econbiz.de/10010297682
The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural reforms in the (low distortion) member countries and the (high distortion) candidate countries. While monetary union lowers reforms in the candidate countries, members of the...
Persistent link: https://www.econbiz.de/10011509539
distortions (and, hence, high inflation) is admitted into a monetary union once its economic structure has converged sufficiently … the union again later, convergence stops for a while after the high inflation country has joined. With irreversible …
Persistent link: https://www.econbiz.de/10011537161
Declining inflation rates might have negative consequences for tax revenues. Phenomena like the inflationary bracket … lay the theoretical base followed by a descriptive view on the relation between inflation, growth and tax revenues in the … reveal that an end of inflation would have a negative impact on tax revenues for a number of OECD countries. The results also …
Persistent link: https://www.econbiz.de/10011444606
domestic currency, increases interest rates, effectively controls inflation rates and reduces output. They do not find any …
Persistent link: https://www.econbiz.de/10010221723
In the present paper we question the mainstream diagnosis of Germany's post-2000 stagnation as well as the prescribed remedies. We show that the "institutional sclerosis" view of Germany's stagnation is unfounded and that therefore the political measures proposed and actually taken are...
Persistent link: https://www.econbiz.de/10003744530
, fiscal consolidation, privatization, and wealth taxation) and heterodox options (inflation, financial repression, debt …
Persistent link: https://www.econbiz.de/10012655299
The economic characteristics of the COVID-19 crisis differ from those of previous crises. It is a combination of demand- and supply-side constraints which led to the formation of a monetary overhang that will be unfrozen once the pandemic ends. Monetary policy must take this effect into...
Persistent link: https://www.econbiz.de/10012592174
money to solve all problems and will cause accelerating inflation, a plethora of unproductive jobs, and a bond-market revolt …
Persistent link: https://www.econbiz.de/10014433701
This paper investigates the relationship between capital account openness and inflation since the 1980s. It argues that … financial integration and inflation. It tests the prediction of the theoretical model by employing static and dynamic panel data …
Persistent link: https://www.econbiz.de/10009365483