We analyze the conditions for public debt-to-GDP ratio stability extending Domar’s approach by including interaction between government’s reaction function and private sector’s function, considering impact of 2020–2021 pandemic shock monetary fiscal policy responses, with simulations applied to Italian case. The outcomes numerical show crucial importance ECB extraordinary policies, NGEU and, le...

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Redistributive Preferences, Redistribution, and Inequality: Evidence from a Panel of OECD Countries This paper describes individuals’ inequality perceptions, distributional norms, and redistributive preferences in a panel of OECD countries, primarily focusing on the association between these subjective measures and the effective level of inequality and redistribution. Not surprisingly, the effe...

Abstract Due to technological change, the opening of borders, and increased economic integration, financial costs relocating businesses factors production, moving residences, changing jobs, transporting goods services across borders pose new challenges for countries subnational governments seeking implement redistributive policies. This increasing mobility implies that policies may amplify inte...

In this paper, we investigate the environmental regulation-productivity nexus for 18 OECD countries over years 1990–2015 and discuss its main policy challenges. Our findings support hypothesis that policies generate positive productivity returns through innovation as suggested by Porter Van Der Linde (1995). We find have a growth-promoting effect. Both market non-market based exert but differen...

We study the effects of COVID-19, and ensuing lockdown fiscal policies, on welfare different age-groups within a life-cycle macroeconomic scheme, adapted from Gertler (1999), where pandemic is represented as shock to mortality rate. obtain two main results. First, we show that policies have negative impact dynamics economic younger agents relative older agents, thus providing analytical support...

We investigate how demand for both the financing and provision of redistributive policies is affected by information about immigration poverty. Information has a positive impact on desired tax progressivity among low-income respondents negative one higher income earners. poverty no impact. On side, middle- high-income increase public education expenditure in response to poverty, while reduce sp...

COVID-19 suddenly outbreak not only pose a threat to people’s life and health, but also interfere with the development of national economy in our country. To investigate impact tourism, we choose Beijing as aim research, using autoregressive model, Fourier series model VAR model. Finally, according forecast results, concluded that brought direct effects under control, condition government’s exp...

This paper uses an event-based analysis to describe how the European Central Bank’s (ECB’s) policy responses pandemic crisis have affected financial and economic system. The result of our exercise, which is based on examination main measures taken by ECB during 2020, that these positively system improving banks’ lending activity indirectly creating room for expansionary fiscal policies in euro ...