Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267050 
Title (translated): 
Fiscal policy cannot relieve everyone
Year of Publication: 
2022
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 102 [Issue:] 8 [Publisher:] Springer [Place:] Heidelberg [Year:] 2022 [Pages:] 581-583
Publisher: 
Springer, Heidelberg
Abstract (Translated): 
The coming relief packages should be precisely targeted in the form of transfers for those on low incomes. In times of inflation, the efficiency of government fiscal policy is of particular importance. Additional spending projects should be critically examined accordingly. In the face of acute shortages, it may be plausible to postpone projects. Recent developments in commodity markets suggest that some shortages may not be permanent. The possibility that some of the calamities are temporary argues for not betting on new taxes now. An increase in the tax ratio that allows for a temporarily more progressive design of the tax and transfer system is already endogenous. To this end, however, the "cold progression" should not be dismantled (as has been customary in recent years), as this would probably constitute an expansionary impulse in itself in the coming year.
JEL: 
E31
E62
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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