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Happy to see our paper on asymmetric labour supply responses to tax reform published online by Labour Economics. kwnsfk27.r.eu-west-1.awstrac…
In their new disc. paper “Do Local Elections Affect the Spending of Intergovernmental Transfers?” @YannickBury and @Lars_Feld study whether local spending of intergovernmental grants is influenced by mayoral elections in […]
Third, varying reactions to the monetary policy shock depending on rule stringency, but public investment is not systematically more constrained by strict rules.The paper is available here as discussion paper […]
The results show, first, that fiscal rules constrain public debt and expenditure, but do not constrain investment expenditure. Second, interest rate declines are mirrored by lower debt and total public […]
The new discussion paper by @we_philipp, L. Zell, @Lars_Feld, and C. A. Schaltegger sheds new light on the trade-off between rule-based and optimal fiscal policy. They investigate as to how […]
To isolate this effect the authors, introduce the novel forecasted average treatment (FAT) approach into empirical public finance. The methodological novelty of FAT lies in the investigation of an exogenous […]
The new discussion paper by @we_philipp aims at transforming qualitative information from written law in a quantitative index variable. The challenge consists in finding the balance between high information density […]
For this, the paper provides a novel evaluation framework for collecting data in legal codes. The data is then transformed to index variables using four distinct aggregation techniques: discretionary, optimized, […]
The techniques are evaluated by variance and sensitivity analyses and compared against well-established datasets. Conceptualization, aggregation, and evaluation are exemplified by deriving a new fiscal rule index for Swiss cantons […]
The paper is available here as discussion paper 2025/05👇https://t.co/4OTWX0uoBy[4/4]
This is my favourite Buchanan paper – written with Viktor Vanberg it is Buchanan at his most Austrian – and dare I say, ‘post-modern’. Brilliant on how Shacklean entrepreneurs set […]
differences in their productivity; however, we find significant asymmetries in fairness perceptions of the treatments. We find that tax increases are viewed as more unfair than equivalent wage decreases and […]
New discussion paper by Anna Esslinger, Katahrina Pfeil and @Lars_Feld : Are the effects of tax aversion on labor supply symmetric? In a real-effort online experiment, participants are exposed to […]
Additionally, the negative effect of tax increases is larger than the positive effect of tax decreases.eucken.de/en/publications/fr…
New working paper with @_max_langer , Joshua Hassib and @lars_feld about the effects of the German debt brake (Schuldenbremse) on indebtedness, financing costs and public investment – comments are very […]
In this new discussionpaper Viktor J. Vanberg contrasts two kinds of political economy, represented by welfare economics and social choice theory on the one hand and James M. Buchanan’s constitutional […]
🚨 NEW WORKING PAPER 🚨@we_philipp and @Lars_Feld offer novel empirical insights on the interaction between government debt and inflation, testing the validity of the Fiscal Theory of the Price Level […]
In their latest discussion paper, @simoncolumbus @Lars_Feld @mkasper_ and Matthew Rablen investigate how institutional rules and bias in rule enforcement affect cooperation and compliance in heterogenous groups.https://t.co/4OTWX0uoBy pic.twitter.com/g74r9h835Q
For those who would like to write a comment about Paul Lewis’s life, intellectual contributions, or their memories with him:Please visit: https://t.co/2KSr7RVWGr@EkkehardKohler @MalteDold @PeterBoettke @DJS12321 @NSmolenski @DGindis @EuckenInstitut
The German Economic Association (VfS) is often considered the oldest professional association of economists in the world. 🇩🇪 My review of a new edited volume about its history (well worth […]
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