Cesifo Economic Studies最新文献_第3页

What Makes Discretionary Counter-Cyclical Fiscal Policy so Difficult? An Analysis of 32 OECD Countries 自由裁量反周期财政政策为何如此困难?对32个经合组织国家的分析

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2023-04-03 DOI: 10.1093/cesifo/ifad001

J. de Haan, Bram Gootjes

引用次数: 2

Is a State Bank A Useful Economic Development Tool in the USA? 在美国，国有银行是一种有用的经济发展工具吗？

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2022-12-12 DOI: 10.1093/cesifo/ifac012

Robert S. Chirinko

引用次数: 0

Border Region Attachment: An Empirical Study on Regional Social Capital in the French–German Border Area 边境地区依附:法德边境地区社会资本的实证研究

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2022-11-28 DOI: 10.1093/cesifo/ifac010

Marcus Wiens, Miriam Klein, Frank Schultmann

{"title":"Border Region Attachment: An Empirical Study on Regional Social Capital in the French–German Border Area","authors":"Marcus Wiens, Miriam Klein, Frank Schultmann","doi":"10.1093/cesifo/ifac010","DOIUrl":"https://doi.org/10.1093/cesifo/ifac010","url":null,"abstract":"In today’s globalized and interconnected world, international relationships are becoming ever more important. This applies not only to political relations but also to transnational attachment, a positive and solidary mutual attitude between the citizens of two countries, which is mainly based on social capital and trust. In particular border areas can benefit enormously when people have a bond with their neighboring country and its inhabitants. Due to their geographic proximity and historically shaped identity, border regions have a high potential for increased economic and social exchange. While empirical work on these characteristics of specific border areas is scarce, this article presents a novel approach which applies the concept of transnational social capital taking the French–German border area as an example. The representative study is based on telephone interviews, which were conducted in the border area and in regions within the two countries as a control for country-level effects. We find strong evidence for border region attachment in form of higher levels of social capital and trust in the border area. Our findings have important implications for borderland economies in general and in particular for cross-border resilience with regard to prevailing risks like upcoming nationalism and disasters such as the Covid-19 pandemic.","PeriodicalId":51748,"journal":{"name":"Cesifo Economic Studies","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2022-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138504596","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Gallup Democracy in Exercising the NATO Membership Option: The Cases of Finland and Sweden 盖洛普在北约成员国选择中的民主:芬兰和瑞典的案例

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2022-08-18 DOI: 10.1093/cesifo/ifac008

V. Kanniainen

引用次数: 2

Effect of Tax Structure Reform on Public Debt in Developing Countries 税收结构改革对发展中国家公共债务的影响

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2022-08-04 DOI: 10.1093/cesifo/ifac006

S. Gnangnon

{"title":"Effect of Tax Structure Reform on Public Debt in Developing Countries","authors":"S. Gnangnon","doi":"10.1093/cesifo/ifac006","DOIUrl":"https://doi.org/10.1093/cesifo/ifac006","url":null,"abstract":"\u0000 To reduce their public revenue dependence on international trade tax revenue, policymakers in developing countries have engaged (with the assistance of international financial institutions and bilateral donors) in the reform of their tax revenue structure, with a view to reducing their public revenue dependence on international trade tax revenue. This reform (referred to as tax reform) is particularly important given the ongoing unavoidable trade liberalization that sooner or later further erode international trade revenue. Using an unbalanced panel dataset of 127 countries over the period 1980–2019, and the two-step system generalized method of moments, the present article investigates the public debt effect of this tax reform. The empirical analysis has shown that a greater extent of tax reform helps to reduce public debt, with the magnitude of this negative effect being larger in countries with a high share of non-resource tax revenue in public revenue. In addition, the public debt reduction effect of tax reform is larger, the greater is countries’ share of international trade tax revenue in non-resource tax revenue. This analysis has important policy implications. (JEL codes: H63, H10, and H20)","PeriodicalId":51748,"journal":{"name":"Cesifo Economic Studies","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2022-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47704549","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Effects of Refugee Inflow on the Voting Behavior of Natives: Application of Mobile Phone Data 难民流入对本地居民投票行为的影响:基于手机数据的研究

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2022-07-25 DOI: 10.1093/cesifo/ifac007

Emine Kubra Usta

{"title":"Effects of Refugee Inflow on the Voting Behavior of Natives: Application of Mobile Phone Data","authors":"Emine Kubra Usta","doi":"10.1093/cesifo/ifac007","DOIUrl":"https://doi.org/10.1093/cesifo/ifac007","url":null,"abstract":"\u0000 This paper investigates the effects of refugee inflow on the voting behavior of natives. I employ a difference in differences strategy to identify the voter reaction against the sudden inflow of Syrian refugees to Turkey and use unique data provided by Turk Telecom to proxy natives’ refugee exposure. Data coming from mobile phone usage track the mobility of refugees throughout the year and enables the construction of refugee exposure measures across small geographical areas. I show a small drop in the government party vote share that announced an ‘open door’ policy for refugees. Furthermore, there is evidence for the reaction heterogeneity based on the socio-economic development levels of refugee-hosting areas. While there is a null response in ethnically Kurdish and economically lagging East, a negative reaction is concentrated in socioeconomically more developed areas. Then, exploring the effects in rural and urban areas reveals an interesting divide in the refugee exposure patterns of hosting areas. While in rural areas, natives react against the refugee presence, in urban areas, they react when the mobility (visibility) increases. Anecdotal evidence might help to put findings in context. Manipulating the concerns of voters on Syrians’ receiving citizenship and demographic change might be regarded as two main strategies used by opposition parties. These strategies help convince the secular and conservative-nationalist voters in socioeconomically developed areas. (JEL codes: J01, J08, and J15)","PeriodicalId":51748,"journal":{"name":"Cesifo Economic Studies","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2022-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41262230","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Correction to: VAT Listings within the EU Member States and Their Impact on Tax Evasion 更正:欧盟成员国的增值税清单及其对逃税的影响

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2022-06-17 DOI: 10.1093/cesifo/ifac005

引用次数: 1

Evolution of Monetary Policy in Peru: An Empirical Application Using a Mixture Innovation TVP-VAR-SV Model* 秘鲁货币政策演化:基于混合创新tpv - var - sv模型的实证应用*

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2022-01-11 DOI: 10.1093/cesifo/ifab013

Portilla J, Rodríguez G, Castillo B. P.

{"title":"Evolution of Monetary Policy in Peru: An Empirical Application Using a Mixture Innovation TVP-VAR-SV Model*","authors":"Portilla J, Rodríguez G, Castillo B. P.","doi":"10.1093/cesifo/ifab013","DOIUrl":"https://doi.org/10.1093/cesifo/ifab013","url":null,"abstract":"<span><div>Abstract</div>This article discusses the evolution of monetary policy (MP) in Peru in 1996Q1–2019Q4 using a mixture innovation time-varying parameter vector autoregressive (VAR) model with stochastic volatility (TVP-VAR-SV) as proposed by Koop, Leon-Gonzales and Strachan. The main empirical results are: (i) the VAR coefficients and volatilities change more gradually than the contemporaneous coefficients over time; (ii) the volatility of MP shocks was higher under the pre-Inflation Targeting (IT) regime; (iii) a surprise increase in the interest rate produces gross domestic product (GDP) growth falls and reduces inflation in the long run; (iv) the interest rate reacts more quickly to aggregate supply shocks than to aggregate demand shocks; (v) MP shocks explain a high percentage of domestic variables behavior under the pre-IT regime but their contribution decreases under the IT regime. Overall, these results show that MP has contributed in Peru to lower macroeconomic volatility by (i) reducing average long-term inflation, (ii) increasing the response of GDP growth rate to interest rate, and (iii) by becoming more predictable. (JEL codes: C11, C32, and E52).</span>","PeriodicalId":51748,"journal":{"name":"Cesifo Economic Studies","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2022-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138504595","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

OUP accepted manuscript OUP接受稿件

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2022-01-01 DOI: 10.1093/cesifo/ifac004

引用次数: 0

OUP accepted manuscript OUP接受稿件

IF 1.3 4区经济学

Cesifo Economic Studies Pub Date : 2022-01-01 DOI: 10.1093/cesifo/ifac002

引用次数: 1