Die Projektgruppe Gemeinschaftsdiagnose prognostiziert für das Jahr 2025 einen leichten Zuwachs des Bruttoinlandsprodukts in Deutschland um 0,2 %. Im weiteren Prognosezeitraum stimuliert die expansive Finanzpolitik die Konjunktur. Die Institute prognostizieren für die kommenden beiden Jahre Expansionsraten von 1,3 % und 1,4 %. Strukturelle Problemewie abnehmende Wettbewerbsfähigkeit und der demografische ...
This article explores the interplay between economic hegemony and political alignment. Using theoretical and empirical insights from Broner et al. (2024), we posit that hegemonic states, like the United States, foster political alignment, which enhances globalization. We use UN voting data to proxy for international alignment and show that hegemons induce alignment. These data have shortcomings, however. ...
We show that in a New Keynesian model with household heterogeneity, fiscal policy can be a perfect substitute for monetary policy: three simple conditions for consumption taxes, labor taxes, and the government debt level are sufficient to induce the same consumption and labor supply of each household and, thus, the same allocation as interest rate policies. When monetary policy is constrained by a ...
