Auflistung LIF-SAFE Working Papers nach JEL-Klassifizierung "H60"
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On Deficits and Symmetries in a Fiscal Capacity
(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 ... -
The Output Effect of Fiscal Consolidation Plans
(2014-10-01)We show that the correct experiment to evaluate the effects of a fiscal adjustment is the simulation of a multi year fiscal plan rather than of individual fiscal shocks. Simulation of fiscal plans adopted by 16 OECD countries ... -
Vertical Fiscal Imbalances and the Accumulation of Government Debt
(2014-07-01)"The implications of delegating fiscal decision making power to sub-national governments has become an area of significant interest over the past two decades, in the expectation that these reforms will lead to better and ...