Article(electronic)#312017
'Whatever It Takes' to Resolve the European Sovereign Debt Crisis? Bond Pricing Regime Switches and Monetary Policy Effects
In: CESifo Working Paper Series No. 6691
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Article(electronic)#372023
Institutional Settings and Financing Green Innovation
In: Journal of International Financial Markets, Institutions and Money, Volume 89, December 2023, 101853
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Article(electronic)#392021
Who Cares? Attitudes Towards Redistribution and Fiscal Austerity
In: CESifo Working Paper No. 9393
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Open Access#402021
Who Cares? Attitudes Towards Redistribution and Fiscal Austerity
We present new evidence showing that fiscal austerity strengthens support for redistribution, especially for the relatively well-off. Our theoretical model proposes two mechanisms to explain this heterogeneity in support for redistribution: 'altruism' and 'appreciation'. We test our theoretical model's predictions by matching attitudes reported in the British Social Attitudes Survey with local area-level spending cuts in England over the period 2010 to 2015. We exploit the spatial and temporal variation in spending cuts at the Local Authority level to compute a plausibly exogenous measure of the austerity shock. We find evidence for these two channels.
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Article(electronic)#41
Who Cares? Attitudes Towards Redistribution and Fiscal Austerity
In: JPUBE-D-21-01416
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