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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 - 2015
. Further simulations highlight the importance of increased savings preferences in Germany to explain the latter. …
Persistent link: https://www.econbiz.de/10011316580
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German labor market and fiscal reforms 1999-2008 : Can they be blamed for intra-euro area imbalances?
Gadatsch, Niklas; Stähler, Nikolai; Weigert, Benjamin - In: Journal of macroeconomics 50 (2016), pp. 307-324
Persistent link: https://www.econbiz.de/10011707897
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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 - 2016
. Further simulations highlight the importance of increased savings preferences in Germany to explain the latter …
Persistent link: https://www.econbiz.de/10012988677
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Budget-neutral labour tax wedge reductions : a simulation-based analysis for selected euro area countries
Attinasi, Maria-Grazia; Prammer, Doris; Stähler, Nikolai; … - 2016
Budget-neutral tax wedge reductions rank high in the policy agenda of several EMU member states. Using a New Keynesian DSGE model of a monetary union with a complex labour market structure and a comprehensive public sector, we evaluate the macroeconomic and welfare effects of reducing the firms'...
Persistent link: https://www.econbiz.de/10011518187
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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 - Sachverständigenrat zur Begutachtung der … - 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/10011076230
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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 - 2015
. Further simulations highlight the importance of increased savings preferences in Germany to explain the latter. …
Persistent link: https://www.econbiz.de/10011314573
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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/10010427091
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Thoughts on a fiscal union in EMU
Gadatsch, Niklas; Hollmayr, Josef; Stähler, Nikolai - 2016
Using an estimated large-scale New-Keynesian model, we assess welfare and business cycle consequences of a fiscal union within EMU. We differentiate between three different scenarios: public revenue equalisation, tax harmonisation and a centralised fiscal authority. Relative to the status quo,...
Persistent link: https://www.econbiz.de/10011546743
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German and the Rest of Euro Area Fiscal Policy During the Crisis
Gadatsch, Niklas - 2016
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/10012988698