Ergebnisse für *

Zeige Ergebnisse 1 bis 14 von 14.

  1. The political economy of the international tax transparency agenda in the G20/OECD context
    Erschienen: January 2021
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    This paper empirically analyses the motives underlying progress in implementing multilateral tax transparency standards. The results point to the protection of domestic special interests as a potential motive behind slower and less rigorous... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63
    keine Fernleihe

     

    This paper empirically analyses the motives underlying progress in implementing multilateral tax transparency standards. The results point to the protection of domestic special interests as a potential motive behind slower and less rigorous implementation. In particular, jurisdictions with a significant share of global offshore wealth and to some extent those that host shell company activity, progress less in adopting and implementing the AEOI and EOIR standards. High tax jurisdictions seem to make more progress, while those with significant wealth held offshore seem to lag behind. These special interest considerations, however, may have declined over time as participation became more global and compliance improved. There is also evidence that reputational motives and preceding bilateral collaboration mattered for the speed and comprehensiveness of participation.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/232410
    Schriftenreihe: CESifo working paper ; no. 8813 (2021)
    Schlagworte: policy coordination; international public goods; tax transparency and coordination; information exchange
    Umfang: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  2. Monetary and macroprudential policy interactions in a model of the European Union
    Erschienen: [2022]
    Verlag:  Australian National University, Crawford School of Public Policy, Centre for Applied Macroeconomic Analysis, Canberra

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VSP 1716
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: CAMA working paper ; 2022, 33 (April 2022)
    Schlagworte: Monetary policy; macro-prudential policy; policy coordination
    Umfang: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  3. Leaning against the wind with fiscal and monetary policy
    Erschienen: 6 September 2022
    Verlag:  Economic Research and Statistics Department, South African Reserve Bank, Pretoria

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 655
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: South African Reserve Bank working paper series ; WP, 22, 12
    Schlagworte: econometric modelling; monetary policy; macroprudential policy; fiscal policy; policy coordination
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  4. Fiscal dominance in Sub-Saharan Africa revisited
    Erschienen: January 2021
    Verlag:  International Monetary Fund, [Washington, DC]

    This paper explores the causes and consequences of fiscal dominance over monetary policy in Sub-Saharan Africa (SSA). Fiscal dominance has always been a pressing problem as it can contribute to inflation and macroeconomic instability, and... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
    keine Fernleihe
    Universitätsbibliothek Braunschweig
    keine Fernleihe
    Staats- und Universitätsbibliothek Bremen
    keine Fernleihe
    Universitätsbibliothek Erfurt / Forschungsbibliothek Gotha, Universitätsbibliothek Erfurt
    keine Fernleihe
    Bibliothek der Pädagogischen Hochschule Freiburg/Breisgau
    keine Fernleihe
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    keine Fernleihe
    Universitäts- und Landesbibliothek Sachsen-Anhalt / Zentrale
    keine Fernleihe
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    keine Fernleihe
    Technische Universität Hamburg, Universitätsbibliothek
    keine Fernleihe
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
    keine Fernleihe
    Duale Hochschule Baden-Württemberg Heidenheim, Bibliothek
    e-Book Nationallizenz
    keine Fernleihe
    Thüringer Universitäts- und Landesbibliothek
    keine Fernleihe
    Fachhochschule Kiel, Zentralbibliothek
    keine Fernleihe
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 301
    keine Fernleihe
    Universitätsbibliothek Leipzig
    keine Fernleihe
    Leuphana Universität Lüneburg, Medien- und Informationszentrum, Universitätsbibliothek
    keine Fernleihe
    Duale Hochschule Baden-Württemberg Mosbach, Bibliothek
    E-Book Nationallizenz IMF
    keine Fernleihe
    Hochschule Offenburg, University of Applied Sciences, Bibliothek Campus Offenburg
    E-Book International Monetary Fund
    keine Ausleihe von Bänden, nur Papierkopien werden versandt
    Hochschulbibliothek Pforzheim, Bereichsbibliothek Technik und Wirtschaft
    e-Book International Monetary Fund eLibrary
    keine Ausleihe von Bänden, nur Papierkopien werden versandt
    Duale Hochschule Baden-Württemberg Ravensburg, Bibliothek
    E-Book IMF
    keine Fernleihe
    Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen
    keine Ausleihe von Bänden, nur Papierkopien werden versandt

     

    This paper explores the causes and consequences of fiscal dominance over monetary policy in Sub-Saharan Africa (SSA). Fiscal dominance has always been a pressing problem as it can contribute to inflation and macroeconomic instability, and increasingly so as fiscal deficits and public debt are rising in many SSA countries. We find that legal limits and availability of alternative financing options play an important role in determining the extent to which government deficits tend to be financed by the central bank. We also find economically significant effects of central bank lending to government on the exchange rate and inflation

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Staatsbibliothek zu Berlin
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9781513567747
    Weitere Identifier:
    Schriftenreihe: IMF working paper ; WP/21, 17
    Schlagworte: Inflation; monetary policy; central bank; fiscal policy; fiscal dominance; policy coordination; exchange rate; fiscal deficit; sovereign debt
    Umfang: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  5. Fiscal policy in times of fiscal stress
    or what to do when r > g
    Erschienen: May 2022
    Verlag:  United Nations University World Institute for Development Economics Research, Helsinki, Finland

    South Africa runs a primary fiscal deficit and the long-term interest rate on government borrowing, r, is greater than the long-term economic growth rate, g. Without intervention, debt will continue to rise until there is a disorderly fiscal stop.... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 248
    keine Fernleihe

     

    South Africa runs a primary fiscal deficit and the long-term interest rate on government borrowing, r, is greater than the long-term economic growth rate, g. Without intervention, debt will continue to rise until there is a disorderly fiscal stop. Reforms to raise growth have not materialized, leaving fiscal consolidation as the second-best solution to achieve fiscal sustainability. We show that the least-cost policy is to impose a time-consistent fiscal policy rule with debt-toGDP as the fiscal anchor and for the intermediate operational objective to be a pre-announced path for real government consumption spending rather than the current nominal expenditure ceiling. This optimal policy result obtains with and without explicit policy coordination between the fiscal and monetary authorities.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789292671839
    Weitere Identifier:
    hdl: 10419/264359
    Schriftenreihe: WIDER working paper ; 2022, 52
    Schlagworte: fiscal sustainability; fiscal consolidation; policy coordination; optimal policy
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  6. The impact of optimal tariffs and taxes on agglomeration
    Autor*in: Ross, Matthias
    Erschienen: 2002
    Verlag:  Hamburg Institute of International Economics (HWWA), Hamburg

  7. The impact of optimal tariffs and taxes on agglomeration
  8. The global factor in neutral policy rates
    some implications for exchange rates, monetary policy, and policy coordination
    Erschienen: April 3, 2019
    Verlag:  Board of Governors of the Federal Reserve System, [Washington, DC]

    This paper highlights some of the theoretical and practical implications for monetary policy and exchange rates that derive specifically from the presence of a global general equilibrium factor embedded in neutral real policy rates in open economies.... mehr

    Zugang:
    Verlag (kostenfrei)
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    keine Fernleihe
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 201
    keine Fernleihe

     

    This paper highlights some of the theoretical and practical implications for monetary policy and exchange rates that derive specifically from the presence of a global general equilibrium factor embedded in neutral real policy rates in open economies. Using a standard two country DSGE model, we derive a structural decomposition in which the nominal exchange rate is a function of the expected present value of future neutral real interest rate differentials plus a business cycle factor and a PPP factor. Country specific "r*" shocks in general require optimal monetary policy to pass these through to the policy rate, but such shocks will also have exchange rate implications, with an expected decline in the path of the real neutral policy rate reflected in a depreciation of the nominal exchange rate. We document a novel empirical regularity between the equilibrium error in the VECM representation of the empirical Holston Laubach Williams (2017) four country r* model and the value of the nominal trade weighted dollar. In fact, the correlation between the dollar and the 12 quarter lag of the HLW equilibrium error is estimated to be 0.7. Global shocks to r* under optimal policy require no exchange rate adjustment because passing though r* shocks to policy rates 'does all the work' of maintaining global equilibrium. We also study a richer model with international spill overs so that in theory there can be gains to international policy cooperation. In this richer model we obtain a similar decomposition for the nominal exchange rate, but with the added feature that r* in each country is a function global productivity and business cycle factors even if these factors are themselves independent across countries. We argue that in practice, there could well be significant costs to central bank communication and credibility under a regime of formal policy cooperation, but that gains to policy coordination could be substantial given that r*'s are unobserved but are correlated across countries

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: International finance discussion papers ; number1244 (April 2019)
    FRB International Finance Discussion Paper ; No. 1244
    Schlagworte: Exchange rate; monetary policy; policy coordination
    Umfang: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  9. Fiscal dominance in Sub-Saharan Africa revisited
    Erschienen: January 2021
    Verlag:  International Monetary Fund, [Washington, DC]

    This paper explores the causes and consequences of fiscal dominance over monetary policy in Sub-Saharan Africa (SSA). Fiscal dominance has always been a pressing problem as it can contribute to inflation and macroeconomic instability, and... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    uneingeschränkte Fernleihe, Kopie und Ausleihe

     

    This paper explores the causes and consequences of fiscal dominance over monetary policy in Sub-Saharan Africa (SSA). Fiscal dominance has always been a pressing problem as it can contribute to inflation and macroeconomic instability, and increasingly so as fiscal deficits and public debt are rising in many SSA countries. We find that legal limits and availability of alternative financing options play an important role in determining the extent to which government deficits tend to be financed by the central bank. We also find economically significant effects of central bank lending to government on the exchange rate and inflation

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Staatsbibliothek zu Berlin
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9781513567747
    Weitere Identifier:
    Schriftenreihe: IMF working paper ; WP/21, 17
    Schlagworte: Inflation; monetary policy; central bank; fiscal policy; fiscal dominance; policy coordination; exchange rate; fiscal deficit; sovereign debt
    Umfang: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  10. The law and politics of independent policy coordination
    fiscal and sustainability considerations in the European Central Bank’s monetary policy
    Erschienen: 14/05/2024
    Verlag:  European Banking Institute e.V., Frankfurt am Main, Germany

    Zugang:
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Keine Rechte
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    Schriftenreihe: EBI working paper series ; no. 172 (2024)
    Schlagworte: central banks; European Central Bank; monetary policy; policy coordination; independence; climate policies; fiscal policies
    Umfang: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  11. Fiscal policy instruments for inclusive labour markets
    a review
    Erschienen: [2024]
    Verlag:  Global Labor Organization (GLO), Essen

    This study provides a critical assessment of various fiscal policy instruments - including direct public job creation, active labour market and care policies, social protection measures and tax reforms - and their effectiveness in supporting the most... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 565
    keine Fernleihe

     

    This study provides a critical assessment of various fiscal policy instruments - including direct public job creation, active labour market and care policies, social protection measures and tax reforms - and their effectiveness in supporting the most vulnerable groups in the labour market. Although much of the literature has focused on the quantitative effects of fiscal policy, this article concentrates on the qualitative aspects and examines the role of fiscal instruments in achieving a more inclusive and fair labour market. Our review shows that the empirical literature tends to overemphasise the capacity of individual policies to mitigate inequalities, neglecting the complex interdependencies among various mechanisms and policies in place. We argue, instead, that a systematic approach is necessary to ensure equitable access to good jobs and to address the disparities between different labour market groups. We also identify significant research gaps, such as the need for longitudinal studies on the long-term policy impacts, an exploration of the regional disparities within the policy-inequality nexus and the sector-specific effects of fiscal measures, especially relevant in the context of the green and digital transition.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/284852
    Schriftenreihe: GLO discussion paper ; no. 1406
    Schlagworte: fiscal policy; policy coordination; policy implementation; labour market outcomes; inclusive labour markets; social protection
    Umfang: 1 Online-Ressource (circa 39 Seiten)
  12. Concerted efforts?
    Monetary policy and macro-prudential tools
    Erschienen: May 2018
    Verlag:  Bank of England, London

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Staff working paper / Bank of England ; no. 727
    Schlagworte: Monetary policy; macro-prudential policy; time-consistent policy; policy coordination; occasionally binding constraints
    Umfang: 1 Online-Ressource (circa 75 Seiten), Illustrationen
  13. The political economy of development and climate policy-prospects and challenges for an emission trading scheme as development and climate policy tool
    Erschienen: [2023]
    Verlag:  Friedrich Schiller University Jena, Faculty of Economics and Business Administration, Jena, Germany

    Economic development and climate change constitute two of today's major international policy challenges. While development cooperation has long been on the political agenda, addressing global climate change has gained policymakers' attention more... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 78
    keine Fernleihe

     

    Economic development and climate change constitute two of today's major international policy challenges. While development cooperation has long been on the political agenda, addressing global climate change has gained policymakers' attention more recently. Transfers for financing single projects have been a common practice in the development field. Empirical evidence suggests that the effectiveness has remained disappointing. Consequently, many developing countries face governance problems affecting their ability to master challenges associated with climate change. Current trends in international climate cooperation follow a similar approach. Political efforts may prove insufficient to meet climate objectives if similar deficiencies occur in climate cooperation. Applying a political economy approach, this paper provides a critical assessment of current practices in international development and climate policies highlighting the observed deficiencies in development and potential implications for climate cooperation. Acknowledging the interlinkages and linking development and climate change policies, could increase the effectiveness and efficiency of political efforts. The paper, furthermore, discusses market-based instruments, especially Emission Trading Schemes as policy alternatives as well as the potential merits for circumventing and solving institutional problems experienced in climate cooperation. We discuss the political economic challenges affecting the implementation and operation of (a global) scheme.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/283190
    Schriftenreihe: Jena economic research papers ; # 2023, 019
    Schlagworte: development; climate change; policy coordination; emission trading scheme; issue linkage
    Umfang: 1 Online-Ressource (circa 30 Seiten), Illustrationen
  14. Liquidity traps, capital flows
    Erschienen: December 17, 2015
    Verlag:  [Départment de Sciences Économiques, Université de Montréal], [Montréal]

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 33 (2015,9)
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 1866/12959
    Schriftenreihe: Cahier de recherche / Département de Sciences Économiques, Université de Montréal ; [2015-09]
    Schlagworte: capital flows; international spillovers; liquidity traps; uncovered interest parity; capital flow management; policy coordination; optimal monetary policy
    Umfang: 1 Online-Ressource (59 Seiten), Illustrationen