Essays on monetary and fiscal policy interaction: applications to EMU and Eastern Europe
In: Dissertation series 24
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In: Dissertation series 24
In: Tinbergen Institute research series 1
In: Res publica: politiek-wetenschappelijk tijdschrift van de Lage Landen ; driemaandelijks tijdschrift, Band 56, Heft 2, S. 149-170
ISSN: 0486-4700
We analyze the relation between (horizontal) fairness in the local property tax and municipal tax policy in the 308 Flemish municipalities in 2012. The local property tax is levied on the property's assessed rental value, and its unfairness is a by-product of the slow reassessment procedure - such that properties of identical value are being taxed (very) differently. Using data for housing sales, we create an indicator for the unfairness of the local property tax. We find clear evidence that this unfairness affects political decision-making: municipalities in which property taxation is more unfair tend to rely systematically less on this tax as a source of municipal revenue. Instead these local governments tend to generate revenue through local income taxation. Adapted from the source document.
In: Res publica: politiek-wetenschappelijk tijdschrift van de Lage Landen ; driemaandelijks tijdschrift, Band 44, Heft 2-3, S. 325-362
ISSN: 0486-4700
In: Res publica: politiek-wetenschappelijk tijdschrift van de Lage Landen ; driemaandelijks tijdschrift, Band 45, Heft 2-3, S. 429-468
ISSN: 0486-4700
In: Res publica: politiek-wetenschappelijk tijdschrift van de Lage Landen ; driemaandelijks tijdschrift, Band 47, Heft 2-3, S. 131-242
ISSN: 0486-4700
This is a next, annual installment in a series, published regularly since 1978, of overviews of Belgian politics in a given year. This 2004 overview discusses the main topics & issues that preoccupied the government of Guy Verhofstadt, formed in a three-party coalition -- Vlaamse Liberalen en Democraten ([VLD] Flemish Liberals and Democrats), Socialistische Partij Anders ([SP.A] Socialist Party Differently), & Sociaal, Progressief, Internationaal, Regionalistisch, Integraal-democratisch en Toekomstgericht ([Spirit]Social, Progressive, International, Regional, Integral-Democratic, and Future Justice) -- following the national election in May 2003: (1) immigrants' voting rights, (2) the controversy over Zaventem airport expansion requested by the German shipping company DHL, (3) redistricting/splitting of the Brussels-Halle-Vilvoorde electoral district, (4) unemployment compensation, family policy, tax restructuring, & other social & fiscal issues pertaining to the 2005 budget, (5) environmental policy, (6) the implications of the regional & EU elections of 13 June 2004, (7) public safety & defense matters, (8) regional government/jurisdiction & civil service reforms & other matters of home policy, & (9) internal party politics. Z. Dubiel
In: Res publica: politiek-wetenschappelijk tijdschrift van de Lage Landen ; driemaandelijks tijdschrift, Band 42, Heft 4, S. 429-481
ISSN: 0486-4700
The Christian Democrat/Socialist government Martens IV resigned at the end of Mar 1981, because the socialist party could not agree with an urgency plan to reorganize the public finances. Mark Eyskens, Minister of Finance in that cabinet, put together a new government in Apr & succeeded as Prime Minister. Robert Vandeputte, an extraparlementarian & honorary governor of the Central Bank, became the new Minister of Finance. Like preceding governments, the Eyskens cabinet was strongly hampered by deep mistrust between the coalition partners, opposing views between the two communities of Belgium, & disagreements about resolving the socioeconomic crisis. The Eyskens cabinet was particularly confronted with the organization of a restructured steel mill, increasing unemployment benefits, & the collapse of fiscal revenues. By mid-Sept, the government fell. Parliamentary elections were advanced to Nov. The Christian Democrats lost a considerable number of seats. A Christian-Democrat/liberal cabinet, again headed by Wilfried Martens, emerged by mid-Dec. It adopted a neoliberal policy, & Mark Eyskens became the Minister of Economic Affairs in the new government. Adapted from the source document.
In: Res publica: politiek-wetenschappelijk tijdschrift van de Lage Landen ; driemaandelijks tijdschrift, Band 19, Heft 1, S. 23-41
ISSN: 0486-4700
Switzerland's attitude toward the EEC is typical of the new foreign policy adopted by that country in 1947 under the heading "Neutrality & Solidarity." A number of centrifugal factors (the EEC is regarded as the center or the pole of attraction) have kept Switzerland out of the EEC although many other factors--economic & commerical, in particular, but also ideological, cultural, political, & geographic--tend toward closer ties with the EEC & have acted as "centripetal" forces. The main "centrifugal" factors were: Swiss neutrality, the federal system, & direct democracy, such economic elements as the fiscal & agricultural systems & especially psychological factors including attitudes & ideas concerning the EEC & the consequences of membership. Fear of bureaucratization & fear of infringement on individual liberties are greater stumbling-blocks than economic & political factors. Timely corrections & adaptations in the international commercial field (EFTA membership, advantages gained from the Kennedy Round, the 1972 Free Trade agreement with the enlarged EEC) have reduced the necessity to seek a closer relationship with the Community, Only drastic economic, social, & political changes in the evolution of the EEC or of Switzerland itself could bring about fundamental changes in the relationship between Switzerland & the EEC. Modified HA.
A partir de 2011 se ha reforzado el gobierno económico de la UE a través de seis instrumentos legislativos, el llamado Six Pack, que supone fundamentalmente una reforma de la supervisión de la política presupuestaria de los Estados miembros. Más recientemente el Tratado de estabilidad, coordinación y gobernanza de UE de marzo de 2012 (TECGUE) establece un conjunto de normas destinadas a promover la disciplina presupuestaria a través de un pacto presupuestario a reforzar la coordinación de sus políticas económicas y a mejorar la gobernanza de la zona del euro. En el presente trabajo se analiza si este modelo basado en una estricta disciplina presupuestaria es compatible con los postulados del Estado social, y más concretamente con los principios de justicia del gasto público. En efecto, a partir de la reforma del art. 135 de la Constitución Española, el principio de estabilidad presupuestaria debe ser interpretado coordinadamente con otros principios constitucionales que en el momento presente están plenamente vigentes y pueden adquirir una nueva función: la de actuar como límite y medida del objetivo de estabilidad presupuestaria. Del mismo modo se analizan los principios de coordinación entre las políticas presupuestarias y de endeudamiento de los Estados miembros en un Estado con una pluralidad de Haciendas, como es el caso español. ; From 2011 onwards, the Economic Governance of the EU on the Member States has been strengthened through six main instruments of legislation, the so-called Six Pack, which is primarily a supervision reform of the Member States budgetary policy. More recently Treaty on Stability, Coordination and Governance of EU from March 2012 (TECGUE) establishes a set of rules aimed to promote the budgetary discipline through a fiscal pact, to strengthen the coordination of their economic policies and to improve governance within the euro area. In this paper we analyze whether this model based on a strict budgetary discipline is well-matched with the tenets of the welfare state, and more specifically with the public spending principles of justice. Indeed, since the reform of art. 135 of the Spanish Constitution, the principle of budgetary stability should be interpreted in coordination with other constitutional principles which at present are in full force and can acquire a new role: to operate as a boundary and a extent of the budgetary stability objective. Similarly, principles of coordination between the General Government Debt and Budgetary Policies of the Member States within a state with a plurality of Public Finances, such as the Spanish case, have been also analyzed.
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