Search results for "Finanzpolitik"

showing 3 items of 3 documents

New Alliances in Post-Brexit Europe: Does the New Hanseatic League Revive Nordic Political Cooperation?

2020

As Brexit removes the Nordic countries’ most powerful ally from the EU, what does this imply for their approach to European affairs? The literature on small states within the EU suggests that they can counterbalance limited bargaining capacities by entering two types of alliances: strategic partnerships with bigger member states and institutionalised cooperation on a regional basis. Against this backdrop we ask whether, by significantly raising the costs of non-cooperation for Nordic governments, the Brexit referendum has triggered a revival of Nordic political cooperation. We scrutinise this conjecture by analysing Nordic strategies of coalition-building on EU financial and budgetary polic…

Supranationalitätbudgetary politicsPublic AdministrationSociology and Political Sciencenordic cooperationNordeuropa0211 other engineering and technologiesNorthern EuropeFinanzpolitikBudgetary policyEuropapolitik02 engineering and technologybudgetary policyReferendum050602 political science & public administrationeuropäische Integrationeconomic and monetary unionlcsh:JA1-92Political scienceEEMU05 social sciences0506 political scienceBrexitsupranationalityEconomic and monetary unionfiscal policybrexitsmall statesEuropean PoliticsSteuerpolitikInstitutionalisationPolitikwissenschaftContext (language use)VDP::Samfunnsvitenskap: 200::Statsvitenskap og organisasjonsteori: 240Politicslcsh:Political science (General)Political scienceEuropean cooperation021110 strategic defence & security studiesfiscal integrationtax policyintergovernmentalismEWWUIntergovernmentalismeuropäische ZusammenarbeitHaushaltspolitikPolitical economyddc:320Brexit; Economic and Monetary Union; Nordic cooperation; fiscal integration; intergovernmentalism; small statesEUEuropean integrationPolitics and Governance
researchProduct

Assessing long-term fiscal developments : a new approach

2011

We use a new approach to assess long-term fiscal developments. By analyzing the time-varying behaviour of the two components of government spending and revenue – responsiveness and persistence–, a feature not captured by automatic stabilisers, we are able to infer about the sources of fiscal deterioration (improvement). Drawing on quarterly data, we estimate recursively these components within a system of government revenue and spending equations using a Three-Stage Least Square method for eight European Union countries plus the US. The results suggest that significant changes in the fiscal stance (including those related to the current crisis) are reflected in the estimates of persistence …

MacroeconomicsEconomics and Econometricsjel:E62Fiscal deterioration Fiscal SustainabilitySocial SciencesFinanzpolitikFiscal SustainabilityFiscal deteriorationFiscal DeteriorationÖffentlicher HaushaltPolitischer Konjunkturzyklus0502 economics and businessFiscal Deterioration fiscal sustainabilityddc:330EconomicsRevenuemedia_common.cataloged_instance050207 economicsEuropean unionH50Dezentralisierung050205 econometrics media_commonGovernment spendingFiscalFiscal Deterioration Fiscal Sustainability.05 social sciencesSettore SECS-P/02 Politica Economicajel:H50Fiscal sustainabilityTerm (time)Government revenuePanelEU-StaatenFiscal sustainabilityE62Öffentliche AusgabenFinance
researchProduct

Does the EMU Need a Fiscal Transfer Mechanism?

2004

Summary: The aim of this paper is to investigate how the birth of a central fiscal authority or the creation of a fiscal transfer mechanism could improve the action of fiscal policy in terms of stabilization in the EMU. In particular, the paper examines the theoretical reasons to support this conclusion and provides empirical evidence that shows how the EMU is not able to face asymmetric and symmetric idiosyncratic shocks. Zusammenfassung: Die zentrale Frage des Aufsatzes lautet: Ob und wie kann eine zentrale Fiskalbehorde oder ein fiskalischer Transfermechanismus die fiskalpolitische Stabilisierung in der EWU verbessern? Dazu werden theoretische Argumente und empirische Evidenz prasentiert…

Financial systemFinanzpolitikFiscal policyEconomyFiscal authoritySchockEuropäischer StabilitätsmechanismusTransfer mechanismEconomicsddc:330EU-StaatenEMU FIscal transfersEurozoneEmpirical evidenceVierteljahrshefte zur Wirtschaftsforschung
researchProduct