Auflistung LIF-SAFE Working Papers nach Autor "Hebous, Shafik"

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    • On Deficits and Symmetries in a Fiscal Capacity 

      Hebous, Shafik; Weichenrieder, Alfons J. (2015-07-01)
      "There is a growing debate about complementing the European Monetary Union by a more comprehensive fiscal union. Against this background, this paper emphasizes that there is a trade-off in designing a system of fiscal ...

    • Revisiting the Narrative Approach of Estimating Tax Multipliers 

      Hebous, Shafik; Zimmermann, Tom (2015-03-01)
      "A number of recent studies regress a ""narratively"" identified measure of a macroeconomic shock directly on an outcome variable. In this note, we argue that this approach can be viewed as the reduced-form regression of ...