Arbeitspapier

On the Composition of Public Spending and Taxes

This paper studies the implications of changes in the fiscal (spending-tax) policy mix when all categories of spending and taxes are according to their functional breakdown. In so doing, we build a general equilibrium OLG model which naturally incorporates the main functional categories of public spending and taxes as in the euro area. Departing from the crisis year of 2008, the main result is that an increase in public spending on education and health would have outperformed all other changes in fiscal policy that have either happened or have been debated in policy circles.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 5510

Klassifikation
Wirtschaft
National Government Expenditures and Related Policies: General
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
Thema
government expenditure
public finance

Ereignis
Geistige Schöpfung
(wer)
Economides, George
Park, Hyun
Philippopoulos, Apostolis
Sakkas, Stelios
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Economides, George
  • Park, Hyun
  • Philippopoulos, Apostolis
  • Sakkas, Stelios
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2015

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