Results 11 to 20 of about 81,894 (47)
CESifo Economic StudiesThe growing emphasis on nation-states and their pivotal role in economic development has emerged as a central theme in contemporary economic discourse. This review examines the concept of state capacity as discussed in the economic literature, focusing
Federica Braccioli +3 more
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The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States: Comment
The American Economic Review, 2019 Mertens and Ravn (2013) estimate impulse response functions (IRFs) from income tax changes in a structural vector autoregression (SVAR) by using narrative accounts of tax liability changes as proxy variables.
C. Jentsch, Kurt G. Lunsford
semanticscholar +1 more source
The Invisible Hand of the Government: Moral Suasion during the European Sovereign Debt Crisis
American Economic Journal: Macroeconomics, 2019 Using proprietary data on banks’ monthly securities holdings, we show that during the European sovereign debt crisis, domestic banks in fiscally stressed countries were considerably more likely than foreign banks to increase their holdings of domestic ...
S. Ongena +2 more
semanticscholar +1 more source
The Dynamic Response of Municipal Budgets to Revenue Shocks
Social Science Research NetworkWe study the fiscal and tax response to intergovernmental grants, exploiting quasi-experimental variation within Germany's fiscal equalization scheme triggered by census revisions of population counts. Municipal budgets do not adjust instantly.
I. Helm, Jan Stuhler
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Scarring effects of major economic downturns: The role of fiscal policy and government investment
European Journal of Political EconomyJEL codes: E32, E62, H62. Major economic downturns leave important scars on the path of economic expansion. Drawing on data of 26 OECD countries since 1970 we show that fiscal expansions can mitigate scarring effects provided they boost government ...
Martin Larch +2 more
semanticscholar +1 more source
Government Spending Multipliers under the Zero Lower Bound: Evidence from Japan
American Economic Journal: Macroeconomics, 2018 Using a rich dataset on government spending forecasts in Japan, we provide new evidence on the effects of unexpected changes in government spending when the nominal interest rate is near the zero lower bound (ZLB).
Wataru Miyamoto, T. Nguyen, D. Sergeyev
semanticscholar +1 more source
Social Science Research NetworkThis paper proposes a central fiscal capacity for the euro area that generates transfers in response to euro area, country, and region-specific shocks.
R. Beetsma +2 more
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European Journal of Economic and Financial ResearchThis research aims to examine the impact of customer relationship management on the financial performance of banks in Sierra Leone. The research objectives inquire into the relationship between customer relationship management constructs such as customer
E. Udeh +3 more
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Electoral Cycles in Fiscal Rules: International Empirical Evidence
CESifo Economic StudiesUsing panel data from 99 countries over the period of 1985–2020, this study aims to uncover that fiscal rules work in electoral cycles. The results show that fiscal rules are less likely to be implemented in the pre-election year.
H. Jung, Bong Hwan Kim
semanticscholar +1 more source