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dc.contributor.authorHartwig, Jochenen
dc.date.accessioned2011-11-01T13:36:31Z-
dc.date.available2011-11-01T13:36:31Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/50813-
dc.description.abstractMacroeconometric policy simulation models allow for an analysis, and, above all, for a quantification of the effects different economic policies have on the various variables that represent the economy. Despite the seminal Lucas critique levelled against them, these models are still widely used, especially within policy-making institutions such as, e.g., central banks. In this paper, a model constructed by the author for the Swiss economy is used to explain, and to quantify the impact of fiscal, monetary, wage and social policies on the functional and personal distribution of income on the one hand, and on the four main objectives of contemporary economic policy on the other. These are: a high GDP growth, low inflation and unemployment, and a low or zero public deficit (the latter replacing the original fourth objective codified, e.g., in the German Stability Act of 1967, which was external balance). Our approach will enable us to answer questions like: Which income group suffers most from a hike in the short term interest rate?, Should a large public spending project better be financed by increasing the VAT rate or the income tax rate?, and How much could the aggregate social security contribution rate be lowered if the formula used for calculating the alignment of retirement pensions was changed?en
dc.language.isogeren
dc.publisher|aETH Zurich, KOF Swiss Economic Institute |cZurichen
dc.relation.ispartofseries|aKOF Working Papers |x90en
dc.subject.jelC51en
dc.subject.jelC53en
dc.subject.jelE17en
dc.subject.jelE52en
dc.subject.jelE61en
dc.subject.jelE62en
dc.subject.jelE63en
dc.subject.jelE64en
dc.subject.jelE65en
dc.subject.ddc330en
dc.subject.keywordIncome distributionen
dc.subject.keywordmagic squareen
dc.subject.keywordmacroeconometric modelen
dc.subject.keywordpolicy simulationen
dc.subject.keywordSwitzerlanden
dc.subject.stwWirtschaftspolitisches Zielen
dc.subject.stwWirkungsanalyseen
dc.subject.stwÖkonometrisches Makromodellen
dc.subject.stwSimulationen
dc.subject.stwEinkommensverteilungen
dc.subject.stwSozialpolitiken
dc.subject.stwSchweizen
dc.titleQuantitative Analyse der Auswirkungen wirtschaftspolitischer Massnahmen auf die Einkommensverteilung und das neue magische Viereck in der Schweiz-
dc.typeWorking Paperen
dc.identifier.ppn394278836en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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