Results 61 to 70 of about 671,949 (314)
When in Doubt, Tax More Progressively? Uncertainty and Progressive Income Taxation
International Economic Review, EarlyView.ABSTRACT We study the optimal income tax problem under parameter uncertainty about household preferences and wage dynamics. We derive conditions characterizing how such uncertainty affects optimal tax policy. To quantify the effect, we estimate a life‐cycle model using US data and a Bayesian approach.
Minsu Chang, Chunzan Wu
wiley +1 more source
Hayek; social theorist of the century [PDF]
Keynesian economics ; Economics ...
Robert L. Formaini
core
JCMS: Journal of Common Market Studies, EarlyView.Abstract The idea that the German public continues to suffer from the collective trauma of the experiences of hyperinflation in 1923 remains a prominent theme in Germany's public discourse. As such, it is often invoked when explaining the country's peculiar stability culture – its aversion to inflation and preference for stability‐oriented monetary and
David Barkhausen
wiley +1 more source
The Role of Taxes as Automatic Destabilizers in New Keynesian Economics [PDF]
This paper analyses the effects of taxation in New Keynesian economics. The results show that taxes contribute to price and wage stickiness and, moreover, that the resulting fluctuations in welfare are magnified by the presence of taxes.
Claus Thustrup Hansen +1 more
core
Unemployment Benefits in the EU: The Commission's Approach
JCMS: Journal of Common Market Studies, EarlyView.Abstract Unemployment insurance is a major component of European welfare regimes, whereby each EU member state has its own distinctive scheme. Despite falling under national competence, the European Commission has exercised pressure over this policy area since the establishment of the European Employment Strategy.
Igor Guardiancich +2 more
wiley +1 more source
The new, new economics and monetary policy [PDF]
Monetary policy - United States ; Economics ; Keynesian ...
Darryl R. Francis
core
The future of Post Keynesian economics
PSL Quarterly Review, 2006 Article originally published in the volume 59 issue 236 of Banca Nazionale del Lavoro Quarterly Review (also known as BNL Quarterly Review).
Giuseppe Fontana, Bill Gerrard
doaj
How much of John Maynard Keynes can we find in Franco Modigliani?
PSL Quarterly Review, 2012 Franco Modigliani's first published paper became one of the basic documents of modern Keynesian economics. In it he formalized the model (or at least one model) implicit in The General Theory.
Luigi L. Pasinetti
doaj +1 more source
, 2006 This note critically evaluates the New Classical Macroeconomics from a Marshallian perspective. Revisiting the famous Keynes-Tinbergen controversy, it is argued that Keynes' criticism comprises the "Lucas critique," and that it is misleading to label ...
Bindseil, U. +3 more
core +2 more sources