Monetary Policy, Macroprudential Regulation and Inequality
Pierre Monnin | 12 April 2017
Discussion Notes,
Monetary | Tags:
Inequality,
Interest Rates,
Macroprudential Regulation The 2008 global financial crisis profoundly changed the role of central banks in the economy. First, central banks engaged in strong expansionary monetary policy, using new unconventional tools to boost economic activity. Second, they were key to containing financial instability, which led them to implement
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Inheritance Taxation, Corporate Succession and Sustainability
Agustin Redonda | 6 March 2017
Discussion Notes,
Fiscal | Tags:
Inheritance Tax,
SMEs,
Tax Expenditures Inheritance and estate tax rates are highly heterogeneous across countries. Indeed, the lack of a broadly accepted model of optimal inheritance taxation is reflected in statutory tax rates ranging from 0% in several countries including Australia, Canada and Sweden to 55% in Japan.
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Tax Expenditures and Sustainability. An Overview
Agustin Redonda | 11 November 2016
Discussion Notes,
Fiscal | Tags:
Employment,
Energy,
Fossil Fuel Subsidies,
Health,
Housing,
Inequality,
Innovation,
Patent Boxes,
Pensions,
Tax Expenditures,
VAT Fiscal policy has significant effects on a broad sustainability agenda covering long-term economic, social and environmental goals. However, whereas a myriad of actors scrutinize taxation as well as direct government spending with regard to their impact on sustainability, a key feature of fiscal policy has
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Measuring and Understanding Trade in Service Tasks
Daniel Chiquiar,
Martín Tobal and
Renato Yslas | 24 May 2016
Discussion Notes,
Trade | Tags:
Employment,
Services Trade Improvements in Information and Communication Technologies (ICT) have had differential impacts on the costs of offshoring service tasks. As a result, services with stronger tradability characteristics are at a higher risk of being offshored. This has increased the need for coming up with proper measures
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Trade and Employment. An Overview
Johannes Schwarzer | 29 February 2016
Discussion Notes,
External,
Trade | Tags:
Employment The bulk of economic research on the impacts of trade has for a long time neglected aggregate effects on jobs. While research grants an important role of trade for employment, empirical studies often struggle to attribute employment outcomes to trade policies in the long run.
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