Konferenzbeitrag
Top-Down vs. Bottom-Up? Reconciling the Effects of Tax and Transfer Shocks on Output
We construct a narrative dataset of net-revenue shocks for Germany by extending the tax shock series of Hayo and Uhl (2014) and coding a shock series for social security. We estimate the multiplier effects of shocks to taxes, social security contributions and benefits in a proxy SVAR framework (Mertens and Ravn 2013) and compare them with the top-down identification (Blanchard and Perotti 2002). We find multipliers of all components between 0 and 1 for both approaches.
- Language
-
Englisch
- Bibliographic citation
-
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Fiscal Policy ; No. D07-V2
- Classification
-
Wirtschaft
Fiscal Policy
- Event
-
Geistige Schöpfung
- (who)
-
Gechert, Sebastian
Paetz, Christoph
Villanueva, Paloma
- Event
-
Veröffentlichung
- (who)
-
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (where)
-
Kiel, Hamburg
- (when)
-
2017
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Konferenzbeitrag
Associated
- Gechert, Sebastian
- Paetz, Christoph
- Villanueva, Paloma
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Time of origin
- 2017
Other Objects (12)
Top-down vs. bottom-up? Reconciling the effects of tax and transfer shocks on output
Top-down versus bottom-up macroeconomics
Top-down, bottom-up : socializing architecture
Bottom-up Policies Trump Top-down Missions
Surface structuring by bottom-up and top-down approaches
Top-Down vs. Bottom-Up? Reconcilling the Effects of Tax and Transfer Shocks on Output
Integrating bottom-up into top-down : a mixed complementarity approach
Sustainable regional development: interplay of topdown and bottom-up approaches
Integrating Bottom-Up into Top-Down: A Mixed Complementarity Approach
Improving output gap estimation: A bottom-up approach
Corporatism in the Romanian Tradition: Top-down and Bottom-up Lineages
Top-down and bottom-up influences on tactile localization and remapping
Top-down vs. bottom-up? Reconciling the effects of tax and transfer shocks on output
Top-down versus bottom-up macroeconomics
Top-down, bottom-up : socializing architecture
Bottom-up Policies Trump Top-down Missions
Surface structuring by bottom-up and top-down approaches
Top-Down vs. Bottom-Up? Reconcilling the Effects of Tax and Transfer Shocks on Output
Integrating bottom-up into top-down : a mixed complementarity approach
Sustainable regional development: interplay of topdown and bottom-up approaches
Integrating Bottom-Up into Top-Down: A Mixed Complementarity Approach
Improving output gap estimation: A bottom-up approach
Corporatism in the Romanian Tradition: Top-down and Bottom-up Lineages
Top-down and bottom-up influences on tactile localization and remapping
Top-down vs. bottom-up? Reconciling the effects of tax and transfer shocks on output
Top-down versus bottom-up macroeconomics
Top-down, bottom-up : socializing architecture
Bottom-up Policies Trump Top-down Missions
Surface structuring by bottom-up and top-down approaches
Top-Down vs. Bottom-Up? Reconcilling the Effects of Tax and Transfer Shocks on Output
Integrating bottom-up into top-down : a mixed complementarity approach
Sustainable regional development: interplay of topdown and bottom-up approaches
Integrating Bottom-Up into Top-Down: A Mixed Complementarity Approach
Improving output gap estimation: A bottom-up approach
Corporatism in the Romanian Tradition: Top-down and Bottom-up Lineages