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Browsing by Subject "H0"
Now showing items 1-4 of 4
Title:Pre-Announcement and Timing. The Effects of a Government Expenditure Shock
Author(s):KRIWOLUZKY, AlexanderDate:2009Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:This paper investigates the effect of a government expenditure shock on consumption and real wages. I identify the shock by exploiting its pre-announced nature, i.e. different signs of the responses in investment, hours ...
Title:Pre-announcement and Timing - The Effects of a Government Expenditure Shock
Author(s):KRIWOLUZKY, AlexanderDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper investigates the effect of a government expenditure shock on consumption and real wages. I identify the shock by exploiting its pre-announced nature, i.e. different signs of the responses in investment, hours ...
Title:Sustainable Social Spending and Stagnant Public Services: Baumol’s Cost Disease Revisited
Author(s):VAN DER PLOEG, FrederickDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:If demand for human services is inelastic or manufactured goods are necessities, labour shifts from manufacturing to services and the budget share of services rises. Higher productivity growth in the market sector pushes ...
Title:Optimal Pre-Announced Tax Reform Revisited
Author(s):TRABANDT, MathiasDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Domeij and Klein (2005) have shown that the welfare gains of an optimal capital and labor income tax reform decline the longer the reform is pre-announced before its implementation. In other words, pre-announcement is ...